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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 Type(s):
Residential Income
| Last Updated | 8/28/2026 | Year Built | 1949 |
|---|---|---|---|
| Community | C04 - Bel Air - Holmby Hills | County | Los Angeles |
Additional Details
| AIR | None |
|---|---|
| AREA | C04 - Bel Air - Holmby Hills |
| HEAT | None |
| LOT | 6495 sq ft |
| LOT DIMENSIONS | 6493 |
| PARKING | Carport |
| STORIES | 2 |
Location
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Listed with Lyon Stahl Investment Real Estate, Inc.
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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