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8-Bedroom ResidentialIncome — 11378 Ovada Place, Los Angeles, CA

$3,199,998

11378 Ovada Place, Los Angeles, CA

$3,199,998 — 11378 Ovada Place, Los Angeles, CA — photo 1 $3,199,998 — 11378 Ovada Place, Los Angeles, CA — photo 2 $3,199,998 — 11378 Ovada Place, Los Angeles, CA — photo 3 $3,199,998 — 11378 Ovada Place, Los Angeles, CA — photo 4 $3,199,998 — 11378 Ovada Place, Los Angeles, CA — photo 5
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About this property

Rare opportunity in an irreplaceable Brentwood location! This 4-unit property is situated on a large 13,080 sq ft LARD1.5 lot, offering strong current income and exceptional development potential. Two units will be delivered vacant, including a spacious 3 bed + 3 bath unit perfect for an owner-user, and a 1 bed + 1 bath unit ready for market rent. The other two units (1) (2 bed + 2 bath) & (1) 2 br + 1 ba are tenant-occupied at $2,950.07 and $2,530.71/month. Multiple detached garage structures offer excellent potential for ADU conversion under SB9, with room to add additional units and increase revenue. This is a true value-add opportunity for investors or developers looking to remodel existing units and build additional dwellings on a rare oversized Brentwood lot.Centrally located near San Vicente Blvd, top-rated schools, shopping, dining, and world-class amenities. Do not miss this chance to own a premier multifamily asset in one of LA's most sought-after neighborhoods.

Property details

Bedrooms
8
Bathrooms
6
Square feet
5,341
Year built
1947
Property type
ResidentialIncome

Location

11378 Ovada Place • Los Angeles, CA 90049

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Listed by

David Miller · Miller & Desatnik Realty Co.

Listing courtesy of Miller & Desatnik Realty Co.. Information deemed reliable but not guaranteed.

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