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About This Home
This 8-bedroom, 6-bathroom residential multi family at 11061 Ohio Ave in Los Angeles, CA is listed for $2,150,000 ($498 per sqft). Built in 1947, the home offers 4,316 sqft of living space on a 0.14 acres lot.
11061 Ohio Ave presents a rare West Los Angeles triplex opportunity consisting of three vacant units: one spacious 5-bedroom/3-bath unit with a den, one 2-bedroom/2-bath unit with a den, and one 1-bedroom/1-bath unit with a den. Delivered fully vacant, the property offers immediate flexibility for an owner-user, investor, or developer to renovate a
nd lease the units at current market rents, maximizing income potential from day one.11061 Ohio Ave may also be acquired together with 1433 S. Bentley Ave, creating a combined 12,000+ SF development site. The site's [Q]RD3-1-O zoning and favorable transit-oriented positioning may support the development of approximately 3536 residential units through a stacked density bonus strategy utilizing AB 1287 "Double Bonus" incentives.
Under this framework, a developer may be able to increase achievable density while improving project economics through potential parking reductions, enhanced FAR allowances, and streamlined entitlement pathways.
Key Features
- Built in 1947
- 0.14 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$11,499/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11061 Ohio Ave
Los Angeles, CA 90025
Property Details
Parking
Questions & Answers
This 8-bedroom, 6-bathroom residential multi family at 11061 Ohio Ave is listed at $2,150,000 ($498/sqft). The estimated monthly payment is $9,317 based on 20% down at 6.5% interest.
Key features include: Built in 1947, 0.14 acre lot, 2 stories.
This property is listed by Eliyahu Appel and can be reached at 8183904181 or eli.appel@theappelgroup.com.