Drew Fenton | Holmby Hills Properties

11378 Ovada Place | Drew Fenton

11378 Ovada Place

Los Angeles, CA

$3,788,000

5,341 Sq. Ft.

Property Type:
Residential Income
County:
Los Angeles
Community:
C04 - Bel Air - Holmby Hills
MLS#:
25593997

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 provided courtesy of David Miller

Fore more information about this property, please contact :

Drew FEnton

office

310.858.5474

mobile

310.560.3777

| email

DREW

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office 310.858.5474 | mobile 310.560.3777 | email DREW