11378 Ovada Place

Los Angeles, CA 90049

  • 0 Sqft
  • 13080
    Sqft(Lot)
$5,999,000

Description

We are proud to present 11378 ovada place, a rare opportunity for developers to acquire a premier site in the heart of bel-air, offering multiple development pathways to maximize value. situated on a tranquil, tree-lined cul-de-sac, this property provides a unique blend of exclusivity and convenience. development options: small lot subdivision the proposed plan features an 8-unit small lot subdivision with a mix of five (2-bedroom) and three (3-bedroom) townhomes spanning four levels. each residence includes:* private garages with direct unit access* expansive open-concept living areas with a guest powder room* well-appointed third-floor sleeping quarters* private rooftop decks with stunning views. the permit process is in progress, awaiting a housing letter before proceeding to hearings and final approvals, expected in the coming months. ed1 low-income housing development the site can alternatively support an approximate 90-unit ed1 project with a ministerial, streamlined approval process requiring no parking, offering a fast-track path to development.chip oc-3 density bonus project another option includes a mixed-income development under chip oc-3 guidelines, allowing for approximately 70% market-rate units while leveraging density incentives. existing income-generating property:the site currently features a 4-unit building, consisting of:three (2-bedroom) units two leased at $2,343 and $2,731 respectively, with one vacant.one (1-bedroom) unit currently vacant. please do not disturb or alert the tenants of the potential sale.this is a rare chance to develop in one of los angeles' most sought-after neighborhoods.

  • Property Type

    Land

  • County

    Los Angeles

  • Style

    Land

  • AD ID

    49222604

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Property Details

  • Bathroom Information

    • Total Baths: 0
    • Full Baths: 0
    • Half Baths: 0

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3003
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 13080

  • Listing Price Information

    • Original List Price: 5,999,000
    • Listing Contract Date: 2025-04-01

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 4368016011

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C04 - Bel Air - Holmby Hills
    • Postal Code Plus 4: 2165
    • Directions: North of Sunset, east of the 405 adjacent to Bel-Air and Brentwood about a 1/2 mile from Getty Center.
    • Zoning: LARD1.5
    • Source Property Type: Land
    • Area: C04 - Bel Air - Holmby Hills

    Building and Construction

    • Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 05/13/2025 @ 14:09

  • MLS: 25519291
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 13,080 sized lot, and 0 parking. are nearby neighborhoods.