1433 S. Bentley Ave presents a rare West Los Angeles triplex consisting of three fully occupied units: two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. The property offers stable in-place income with an over 3% cap rate, while also providing meaningful long-term upside in one of the Westside's most desirable rental markets.1433 S. Bentley Ave may also be acquired together with 11061 Ohio Ave, creating a combined 12,000+ SF development site. The site's [Q]RD3-1-O zoning and favorable transit-oriented positioning may support the development of approximately 3536 residential units through a stacked density bonus strategy utilizing AB 1287 "Double Bonus" incentives. Under this framework, a developer may be able to increase achievable density while improving project economics through potential parking reductions, enhanced FAR allowances, and streamlined entitlement pathways.
Listing courtesy of Listing Agent: Eliyahu Appel (eli.appel@theappelgroup.com) from Listing Office: Equity Union.
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