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Double-Lot Corner Development Land
For Sale
$2,150,000

11061 Ohio Ave, Los Angeles, CA 90025

Two combined lots on a cul-de-sac corner offer about 100 feet of frontage for residential redevelopment.

Property Size4,316 SF
Lot Size0.28 Acres
Days on Market79

Property Features for 11061 Ohio Ave

General Information

Standard status Active
Size 4,316 SF
Lot size 0.28 Acres
Property subtype MULTI_FAMILY
Zoning RD3-1-O

Additional Details

Multifamily Units 36

Building Details

Building Size 4,316 SF
Year Built 1947
Listing Agency: Equity Union
Listed By: Eliyahu Appel · License #01918652
Source: Milsteinestates
Added: Jun 23 Changed: Sep 8 Last Checked: Aug 22 at 7:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Equity Union

Investment Insights

Based on property information with market context.

This is a rare double-lot corner assemblage offered for sale as a consolidated site totaling approximately 12,009 square feet, located on a cul-de-sac. The offering includes two parcels that must be sold together: 11061 W Ohio Ave and 1433 S Bentley Ave. The site presents a redevelopment opportunity with zoning and transit-oriented incentives that the remarks indicate may support a residential project.

The property is described as being in the heart of West Los Angeles and positioned within a residential corridor. Public remarks also note zoning of RD3-1-O and that the transit-oriented positioning may qualify for TOC Tier 3 benefits, including AB 2097 parking reductions, enhanced FAR allowances, and a streamlined entitlement pathway under Executive Directive 1.

The combined site is described as potentially supporting approximately 35 to 36 residential units using a stacked density bonus strategy with AB 1287 Double Bonus incentives. Immediate access to the I-10 and I-405 Freeways and nearby Metro E-Line connectivity are also cited as factors supporting housing demand in the area.

Key Highlights

  • Double‑lot corner assemblage on a cul‑de‑sac at 11061 W Ohio Ave and 1433 S Bentley Ave (must be sold in conjunction with 11061 W Ohio Ave).
  • Total site area of approximately 12,009 SF with approximately 100 feet of frontage for residential redevelopment.
  • Zoned [Q] RD3‑1‑O, with transit‑oriented positioning that may qualify for TOC Tier 3 benefits.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Clothing & Fashion Store Pet Grooming Service Tanning Salon Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

36
Residential units

Location Intelligence

Trade Area within ½ mile

6,212
Businesses Nearby

Demographics for 90025, CA

45,466
Population
24,965
Households
1.8
Avg Household Size
36
Median Age
70%
College-Educated
95%
High-School Grad
2.6 sq mi
ZIP Area
17,487
Density / Sq Mi
$104,627
Median Household Income
$70,713
Median Earnings
$2,465
Median Rent
$1,081,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two combined lots on a cul-de-sac corner offer about 100 feet of frontage for residential redevelopment.
Where is this residential land & home lot located?
The property is located at 11061 Ohio Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Double‑lot corner assemblage on a cul‑de‑sac at 11061 W Ohio Ave and 1433 S Bentley Ave (must be sold in conjunction with 11061 W Ohio Ave).; Total site area of approximately 12,009 SF with approximately 100 feet of frontage for residential redevelopment.; Zoned [Q] RD3‑1‑O, with transit‑oriented positioning that may qualify for TOC Tier 3 benefits.
More about this property
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