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11378 Ovada Place

Los Angeles (City), CA 90049
  • $3,499,999
  • STATUS: Active
  • ON SITE: 168 Days
  • ID#: 25593997
Price Reduced
UPDATED: 70 min ago
$3,499,999
  • 8
    BEDS
  • 0.3
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,341
    SQFT
  • $655
    $/SQFT
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Listing Agent(s): David Miller of Miller & Desatnik Realty Co. (310-202-9166) and Errol Spiro of ()


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/168042707
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11378 Ovada Place Los Angeles (City), CA 90049

  • Price: $3,499,999
  • Status: Active
  • On Site: 168 Days
  • Updated: 70 min ago
  • ID#: 25593997
8
Beds
0
Baths
0
½ Baths
0.3
Acres
5,341
SQFT
$655
$/SQFT
1947
Built
Neighborhood:
C04 - Bel Air - Holmby Hills
County:
Los Angeles
Area:
C04 - Bel Air - Holmby Hills
Property 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.
Exterior Features

Parking Total 0

Interior Features

Appliances DishwasherRefrigerator Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Gross Income 179181 Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 107450 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-06T18:29:54.973. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): David Miller of Miller & Desatnik Realty Co. (310-202-9166) and Errol Spiro of ()