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PendingLuxury

$3,199,998

5,341 sqft$599/sqft416 days on market

11378 Ovada Place

Los Angeles, CA 90049

· 8% down, 7% APR, 30yr fixed

8

Beds

6

Baths

5,341

Square feet

1947

Built

Listing narrative

Description

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.

Listing agent (MLS): David Miller · Listing brokerage (MLS): Miller & Desatnik Realty Co.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,199,998

Beds

8 bd

Type

House

Home Size

5,341 sqft

Baths

6

Lot Size

0.30 acres

Year

1947

Status

Pending

Days on Market

416

$ / Sqft

$599

· 8% down, 7% APR, 30yr fixed
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Courtesy of Miller & Desatnik Realty Co.