Rare opportunity in an irreplaceable Brentwood location! This 4-unit property is situated on a large 13,080 sq ft LARD1.5 lot, offering strong current income and exceptional development potential. Two units will be delivered vacant, including a spacious 3 bed + 3 bath unit perfect for an owner-user, and a 1 bed + 1 bath unit ready for market rent. The other two units (1) (2 bed + 2 bath) & (1) 2 br + 1 ba are tenant-occupied at $2,950.07 and $2,530.71/month. Multiple detached garage structures offer excellent potential for ADU conversion under SB9, with room to add additional units and increase revenue. This is a true value-add opportunity for investors or developers looking to remodel existing units and build additional dwellings on a rare oversized Brentwood lot.Centrally located near San Vicente Blvd, top-rated schools, shopping, dining, and world-class amenities. Do not miss this chance to own a premier multifamily asset in one of LA's most sought-after neighborhoods.
Listed by David Miller
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License #02105346
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Miller & Desatnik Realty Co.
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323-948-7507
Listed by Errol Spiro
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License #00893163
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Miller & Desatnik Realty Co.
Last updated November 06, 2025
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Source: CRMLS #25593997
Listing Facts
TypeMulti-family
NeighborhoodBel Air
Bedrooms8
Days on Prevu62
Size5,341 sqft
Price per sqft$749
Amenities
Dishwasher
Parking
Location
Mortgage Calculator
Listing History
10/26/2025
Status changed to Active
$3,998,000
10/24/2025
Status changed to Removed from Feed
$3,998,000
10/22/2025
Price Decreased
$3,998,000
10/18/2025
Status changed to Active
$4,500,000
10/17/2025
Status changed to Removed from Feed
$4,500,000
10/05/2025
Status changed to Active
$4,500,000
10/04/2025
Status changed to Removed from Feed
$4,500,000
09/18/2025
Listed by Miller & Desatnik Realty Co.
$4,500,000
Property Details for 11378 Ovada Place
Exterior
Construction
Number Of Units Total: 4
Stories Total: 2
Year Built: 1947
Measurements
Building Area Total: 5,341
Lot Size Acres: 0.30
Lot Size Area: 13,080
Lot Size Source: Assessor
Lot Size Square Feet: 13,080
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $179,181.00
Taxes
Parcel Number: 4368016012
Interior
Features
Appliances: Dishwasher, Refrigerator
Measurements
Living Area: 5,341
Living Area Source: Assessor
Rooms
Bathrooms Total Integer: 6
Bedrooms Total: 8
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.