11737 Bellagio Rd

Property Overview

11737 Bellagio Rd is a five-unit multifamily opportunity in an ultra-prime Bel Air location, offered for sale for the first time. The property will be delivered 100% vacant at the close of escrow, giving a buyer the ability to renovate and reposition the entire asset without legacy tenancies. Its unit mix consists of three 1-bedroom / 1-bath units and two 2-bedroom / 2-bath units, and all units are separately metered for gas and electricity. Built in 1949, the property contains approximately 4,861 square feet of improvements on a 6,493-square-foot LAR3 lot. It currently functions as a four-unit building while the offering identifies five units. Seller's offering materials state that the property is exempt from Senate Bill 8 based on no reported rental income during the past five years. They also identify potential for up to 10 units by right with ADUs, approximately 14,256 square feet of buildable area, and a 45-foot height limit. Buyers should independently verify unit count, financing eligibility, SB 8 status, zoning, development potential, and all other property information with the appropriate professionals and the Los Angeles Department of Building and Safety. The location is moments from Brentwood Village and the San Vicente retail corridor, with convenient access to UCLA, Westwood, Century City, and the broader Westside. The combination of vacant delivery, a flexible unit mix, and long-term development potential makes 11737 Bellagio Rd a rare repositioning opportunity in a tightly held Los Angeles submarket.