11408 Ohio Ave

11408 Ohio Ave, Los Angeles, CA 90025

  • For Sale $1,595,000
  • Property Type Multi-Family
  • Property Size 2,536 SF
  • Lot Size 0.29 Acre
  • Additional Rent Contact for pricing
  • Date Updated Sep 25, 2024

We are pleased to present a 5-unit (4 units + Single Family Home) 

property located in West LA for only $1,595,000 with 3 of 5 units NOT 

subject to rent control and 2 units delivered VACANT! This opportunity is 

located one block north of Santa Monica Blvd, just west of the 405, and 

in very close proximity to Sawtelle Blvd, one of the trendiest corridors 

in Los Angeles with numerous iconic Sawtelle Japantown restaurants 

including Mizu 212, Sushi Tsujita, Wine Kitchen House, Hermanito, 

Donting Noodle, and Tempura House.

The building currently operates at a 5.55% CAP on current rents 

(assuming market rents for the vacant units), with rental upside potential 

to a 6.23% CAP on pro-forma rents.

The property consists of two separate structures, with a two-story four 

unit in the front and a single-story house in the rear, built in 1940, along 

with 7 onsite gated parking spaces. The unit mix consists of 4 studios 

(2 extra-large) and 1 two-bedroom two bath unit (situated in the rear 

freestanding house). 3 out of 5 units are NON-RENT CONTROL, as they 

are subject to a luxury exemption, which includes the two-bedroom two 

bath unit. This offering is well positioned for a local operator looking 

to increase their holdings and continue driving returns within a highly 

coveted and proven submarket.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

broker

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise
  • Transit Score ®

    65/100 Good Transit
  • Bike Score ®

    77/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Sawtelle
  • Zip Code 90025
  • Market Los Angeles

Points of Interest

  • Westwood/Rancho Park

    1.72 miles

  • Upper Tram Station

    2.55 miles

  • Palms

    3.00 miles

  • Lower Tram Station

    3.12 miles

  • Farmer's Market

    5.57 miles

  • Farmdale

    6.28 miles

  • Martin Luther King Jr.

    7.15 miles

  • Westchester/Veterans

    7.36 miles

  • Leimert Park

    7.44 miles

  • Hollywood/Highland

    7.50 miles

  • Shell

    0.17 miles

  • SK

    0.18 miles

  • FLO

    0.37 miles

  • West L.A. Customer Service Center

    0.44 miles

  • Mobil

    0.46 miles

  • 76

    0.66 miles

  • Chevron

    0.86 miles

  • eVgo

    0.87 miles

  • Conserv

    0.92 miles

  • United Oil

    0.95 miles

  • Equinox Fitness

    0.54 miles

  • Lot 35

    0.68 miles

  • Lot 10

    0.68 miles

  • Lot 9

    0.71 miles

  • Lot 16

    0.74 miles

  • Lot 36

    0.75 miles

  • Lot 18

    0.84 miles

  • Parking 36

    0.88 miles

  • Lot 20

    0.89 miles

  • Westside Collector Car Storage

    5.20 miles

  • Hotel Brooks

    0.17 miles

  • West End Hotel

    0.18 miles

  • Holiday Inn Express

    0.27 miles

  • Wilshire Motel

    0.81 miles

  • Royal Santa Monica Motel

    0.99 miles

  • Plaza la Reina

    1.07 miles

  • Royal Palace Westwood

    1.10 miles

  • Claremont Hotel

    1.11 miles

  • Century Wilshire

    1.18 miles

  • Kimpton Hotel Palomar Los Angeles - Beverly Hills - a Kimpton Hotel

    1.25 miles

  • Colony Cooks

    0.08 miles

  • Aki

    0.09 miles

  • Javan

    0.10 miles

  • Naan Hut

    0.13 miles

  • Siam Chan

    0.14 miles

  • Nanbankan

    0.17 miles

  • Flame International

    0.17 miles

  • Shin-Sen-Gumi

    0.18 miles

  • Ray's

    0.19 miles

  • Talay Thai

    0.19 miles

  • Saint Sebastian School

    0.18 miles

  • Nora Sterry Elementary School

    0.34 miles

  • New Horizon School

    0.42 miles

  • University High School

    0.43 miles

  • Brockton Avenue Elementary School

    0.63 miles

  • Stratford School

    0.72 miles

  • Japanese Institute of Sawtelle

    0.78 miles

  • New West Charter School

    0.79 miles

  • Brawerman Elementary School

    0.81 miles

  • Wildwood School

    0.92 miles

  • The Salvation Army Bessie Pregerson Child Care Center

    0.48 miles

  • WorldSpeak School

    0.82 miles

  • Samuel Goldwyn Foundation Children's Center

    0.86 miles

  • Westwood Hills Preschool

    0.98 miles

  • The Academy

    1.06 miles

  • Sunny Days Preschool

    1.11 miles

  • Little Village Nursery School

    1.15 miles

  • Wonder Years Preschool

    1.22 miles

  • Brentwood Presbyterian Church Preschool

    1.25 miles

  • Evergreen Community School

    1.40 miles

Frequently Asked Questions

How much does 11408 Ohio Ave cost?

The space currently listed for sale at 11408 Ohio Ave asks for $1,595,000.

What is the total square footage of 11408 Ohio Ave?

11408 Ohio Ave totals 2,536 square feet.

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Contact Listing Broker
broker

Kidder Mathews