11378 Ovada Place, Los Angeles, CA 90049
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
11378 Ovada Place,Los Angeles, CA 90049
$5,295,000
- 0.3 Acres
- Lots / Land
- Active
Listed by:david miller
Office:miller & desatnik realty co.
MLS#:CL25519291
Source:CA_BRIDGEMLS
Price summary
- Price:$5,295,000
About this home
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 Propert
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Home facts
- Listing Id #:CL25519291
- Added:142 day(s) ago
- Updated:August 23, 2025 at 02:26 PM
Rooms and interior
- Living area:13,080 sq. ft.
Structure and exterior
- Building area:13,080 sq. ft.
- Lot area:0.3 Acres
Finances and disclosures
- Price:$5,295,000
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