Assembled Multifamily Redevelopment
For Sale
Contact for pricing
11061 Ohio Avenue, Los Angeles, CA 90025
Double-lot assemblage with about 100 feet of frontage and RD3-1-O zoning, positioned for multifamily redevelopment.
Property Size12,009 SF
Price / SF$345.57
Days on Market62
Property Features for 11061 Ohio Avenue
General Information
Standard status
Active
Size
12,009 SF
Property subtype
Multifamily, Land
Zoning
[Q] RD3-1-O
Investment Type
Redevelopment
Additional Details
Highway Access
Yes
Building Details
Units
36
Listing Agency:
Marcus & Millichap - Encino
Listed By:
Lonnie McDermott · License #CA 01874375
Source:
Crexi
Added: Jun 8
Changed: Aug 8
Last Checked: Aug 8 at 4:59PM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
This assembled double-lot opportunity includes 1433 S Bentley Avenue and 11061 W Ohio Avenue, totaling approximately 12,009 square feet with about 100 feet of frontage. The property is presented as a multifamily redevelopment site with zoning identified as RD3-1-O, and the assemblage is described as potentially supporting approximately 35 to 36 residential units through a stacked density bonus strategy utilizing AB 1287 “Double Bonus” incentives.
The remarks also cite transit-oriented positioning, including nearby Metro E-Line connectivity, and immediate access to the I-10 and I-405 freeways. The site is described as being located in the West Los Angeles residential corridor, near major employment centers including UCLA, Century City, Westwood, Santa Monica, Culver City, and the broader Silicon Beach area.
This offering is for sale and is positioned for developers seeking density under applicable California housing incentive frameworks referenced in the materials, including TOC incentives and AB 2097 parking reductions, as well as Executive Directive 1 (ED1).
The remarks also cite transit-oriented positioning, including nearby Metro E-Line connectivity, and immediate access to the I-10 and I-405 freeways. The site is described as being located in the West Los Angeles residential corridor, near major employment centers including UCLA, Century City, Westwood, Santa Monica, Culver City, and the broader Silicon Beach area.
This offering is for sale and is positioned for developers seeking density under applicable California housing incentive frameworks referenced in the materials, including TOC incentives and AB 2097 parking reductions, as well as Executive Directive 1 (ED1).
Key Highlights
- Double‑lot assemblage: 1433 S Bentley Avenue and 11061 W Ohio Avenue
- Approximately 12,009 SF assembled site with about 100 feet of frontage
- RD3‑1‑O zoning noted for multifamily redevelopment
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5,378
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Double-lot assemblage with about 100 feet of frontage and RD3-1-O zoning, positioned for multifamily redevelopment.
Where is this residential income property located?
The property is located at 11061 Ohio Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Double‑lot assemblage: 1433 S Bentley Avenue and 11061 W Ohio Avenue; Approximately 12,009 SF assembled site with about 100 feet of frontage; RD3‑1‑O zoning noted for multifamily redevelopment
