11378 Ovada Place, Los Angeles, CA 90049 (MLS # 25593997)
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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.
| DAYS ON MARKET | 84 | LAST UPDATED | 12/1/2025 |
|---|---|---|---|
| YEAR BUILT | 1947 | COMMUNITY | C04 - Bel Air - Holmby Hills |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Oct 22, '25 | $4,500,000 |
|---|---|
| Oct 22, '25 - Dec 1, '25 | $3,998,000 |
| Dec 1, '25 - Today | $3,788,000 |
| ADDITIONAL DETAILS | |
| APPLIANCES | Dishwasher, Refrigerator |
|---|---|
| AREA | C04 - Bel Air - Holmby Hills |
| HEAT | Wall Furnace |
| LOT | 0.3003 acre(s) |
| LOT DIMENSIONS | 13080 |
| STORIES | Split/Multi Level |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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