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Vacant 5-Unit Apartment Building
For Sale
$2,100,000
Pending

11737 Bellagio Rd, Los Angeles, CA 90049

Five separately metered residences offer a flexible starting point for renovation or repositioning in Bel Air.

Property Size4,861 SF
Lot Size0.15 Acres
Days on Market52

Property Features for 11737 Bellagio Rd

General Information

Standard status Pending
Size 4,861 SF
Lot size 0.15 Acres
Property subtype MULTI_FAMILY
Zoning LA-R3

Units

Unit Mix 3 x 1BR/1BA, 2 x 2BR/2BA
Multifamily Units 5

Additional Details

Utilities to Site Yes

Building Details

Building Size 4,861 SF
Year Built 1949
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Michael Monempour · License #01996829
Source: Frontgaterealestate
Added: Aug 28 Changed: Oct 16 Last Checked: Oct 16 at 3:46PM

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 Lyon Stahl Investment Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This 5-unit apartment property includes three one-bedroom, one-bathroom residences and two two-bedroom, two-bathroom residences. The units are scheduled for vacant delivery at closing, while the property currently functions as a 4-unit building. Gas and electric service are separately metered for each unit, and the structure dates to 1949.

The 6,490-square-foot LA-R3 lot is identified as having capacity for up to 10 units by right with ADUs, approximately 14,256 square feet of buildable area, and a 45-foot height limit; development parameters require verification with the Los Angeles Department of Building and Safety. The property is also described as exempt from Senate Bill 8.

The address provides access to Brentwood Village, the San Vicente retail corridor, UCLA, Westwood, and Century City. No rental income has been reported during the past five years.

Key Highlights

  • 5‑unit layout with three 1‑bedroom/1‑bath units and two 2‑bedroom/2‑bath units
  • Vacant delivery at closing
  • 6,490‑square‑foot LA‑R3 lot

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop Computer & Electronic Repair

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

5
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

277
Businesses Nearby

Demographics for 90049, CA

36,980
Population
18,684
Households
2
Avg Household Size
41
Median Age
81%
College-Educated
99%
High-School Grad
15.0 sq mi
ZIP Area
2,465
Density / Sq Mi
$169,898
Median Household Income
$100,046
Median Earnings
$2,913
Median Rent
$2,000,001
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five separately metered residences offer a flexible starting point for renovation or repositioning in Bel Air.
Where is this apartment building located?
The property is located at 11737 Bellagio Rd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 5‑unit layout with three 1‑bedroom/1‑bath units and two 2‑bedroom/2‑bath units; Vacant delivery at closing; 6,490‑square‑foot LA‑R3 lot
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