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.
Property Details
Price:
$2,100,000
MLS #:
26902413
Status:
Active
Beds:
7
Baths:
7
Type:
Single Family
Neighborhood:
c04belairholmbyhills
Listed Date:
Sep 5, 2026
Finished Sq Ft:
4,861
Total Sq Ft:
4,861
Lot Size:
6,493 sqft / 0.15 acres (approx)
Year Built:
1949
See this Listing
Schools
Interior
Cooling
NO
Heating
NO
Levels
U
Exterior
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address11737 Bellagio RD Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90049
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Sep 06, 2026
7,918
Single Family Listed
85
Avg DOM
423
Avg $ / SqFt
$1,550,795
Avg List Price
Property Summary
- 11737 Bellagio RD Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90049. It is listed for $2,100,000 and features 7 beds, 7 baths, and has approximately 4,861 square feet of living space, and was originally constructed in 1949. The current price per square foot is $432. The average price per square foot for Single Family listings in Los Angeles is $423. The average listing price for Single Family in Los Angeles is $1,550,795.
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