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Map
$7,286,609*
●
Land -
Off Market
11061 OHIO Avenue
Los Angeles (City), CA 90025
Studio
0 Bath
$4,500,000 - $5,500,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model
About This Property
Sold with additional APN #4324-016-011 (1433 S. Bentley Ave.).
Double lot of 12,009~ S.F. in prime Westwood suitable to develop up
to 28 units with over 1,000 S.F. average unit size (2BR/2BA untis).
Zoning is (Q)R-3, TOC Tier 3. Existing improvements are two
triplexes (1-triplex per lot) with $172,431/yr. income. Land cost
of $178,571/developable unit and $416/Land S.F. is lowest in prime
Westside.
Unit Size
-
Days on Market
-
Land Size
12,009.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1947
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 22, 2020 | Sold to Bahram Eghbali, Esmat Mahmoodi | $2,050,000 | |
| Sold to Bahram Eghbali, Esmat Mahmoodi | |||
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Jul 15, 2019 | Listed | $5,000,000 | |
| Listed | |||
| Oct 7, 2018 | No longer available | - | |
| No longer available | |||
| Sep 5, 2018 | Listed | $5,175,000 | |
| Listed | |||
|
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|
Price reduced by $575,000 for a quick sale. Below $200k/developable
unit. Sold with additional APN #4324-016-011 (1433 S. Bentley
Ave.). Double lot of 100.92' x 119' (12,009~ S.F.) in prime
Westwood to develop 26* (possibly 28*) units. Zoning is (Q)R-3*,
TOC Tier 3*. Existing improvements are two 3-unit buildings with
$158,765/yr. income. Development is subject to approval of the
Westwood Design Review Board and is not entitled. To be sold with
short due diligence and escrow periods…
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Property Highlights
11061 OHIO Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
House
4
Beds
3
Baths
3,254 ft²
$1,351/ft²
$4,395,000
Feb 16, 2023
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-
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
07/15/2019
|
|
Studio
|
-
|
-
|
$5,000,000
Studio
-
|
-
-
|
-
|
-
|
|
09/05/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
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Building Info
