11737 Bellagio RD, Los Angeles, CA 90049
11737 Bellagio RD, Los Angeles, CA 90049
11737 Bellagio RD, Los Angeles, CA 90049
29
See all 29 photos
$2,100,000
Est. payment /mo
Save
7 Beds
7 Baths
4,861 SqFt
Active

11737 Bellagio RD Los Angeles, CA 90049

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,861 sqft

Price per Sqft $432

MLS Listing ID 26902413

Bedrooms 7

HOA Y/N No

Year Built 1949

Lot Size 6,494 Sqft

Property Description

Offered for the first time ever, 11737 Bellagio Road presents an exceptionally rare opportunity to acquire a generational multifamily asset in ultra-prime Bel Air, one of the most prestigious and tightly held enclaves in all of Los Angeles. Situated on a premier street in a rarely traded pocket of the Westside, this 5-unit property features an excellent and highly desirable unit mix consisting of (3) one-bedroom, one-bathroom units and (2) two-bedroom, two-bathroom units. All five units will be delivered 100% vacant at the close of escrow, giving the buyer a truly blank canvas and the immediate ability to renovate, reposition, and capture premium Bel Air rental income from day one, entirely free of legacy tenancies. The property is exempt from Senate Bill 8, with no rental income reported over the past five years, allowing the full land value to be recognized without having to replace any units under affordable housing. Adding further flexibility, the property currently functions as a 4-unit building, opening the door to potential residential financing, and all units are separately metered for gas and electric. Beyond its income potential, 11737 Bellagio Road offers meaningful long-term development upside. The 6,490 square foot LA-R3 lot supports up to 10 units by right with ADUs, approximately 14,256 square feet of buildable area, and a 45-foot height limit, positioning the site as both a covetable income property today and a premier development opportunity. ** Developer to verify with LA Dept Building & Safety. Ideally located moments from Brentwood Village, the San Vicente retail corridor, UCLA, Westwood, and Century City, the property offers future tenants unmatched access to the Westside's finest dining, shopping, and everyday conveniences, all from an address in one of the most affluent and enduring neighborhoods in Los Angeles. With its first-time-ever availability, coveted Bel Air location, 100% vacant delivery, SB 8 exemption, and by-right development potential, 11737 Bellagio Road stands as an irreplaceable Westside multifamily opportunity.

Location

State CA

County Los Angeles

Area C04 - Bel Air - Holmby Hills

Zoning LAR3

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Carport

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4368014016

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Michael Monempour Lyon Stahl Investment Real Estate, Inc. #01996829

Go tour this home

11737 Bellagio RD

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Herb Rim

Herb Rim

Realtor License ID: 01870707

+1(818) 699-9179

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Herb Rim, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Experience Matters

Our team offers expert guidance and personalized service to make buying, selling, or investing in property smooth and stress-free. With deep market knowledge and a commitment to clear communication, we focus on achieving your real estate goals efficiently and effectively.

Trust

the best

  • 100
    Homes for Sale
  • $100000
    Sales Price
  • 100
    Total Listings
  • $100000
    Average Listing Price
};