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$ 3,475,000
$ 3,750,000 7.3%
Est. payment | /mo
9,948 SqFt
$ 3,475,000
$ 3,750,000 7.3%
Est. payment | /mo
9,948 SqFt
Key Details
Sold Price $3,475,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 9,948 sqft
Price per Sqft $349
MLS Listing ID CL25511205
Sold Date 05/28/25
HOA Y/N No
Year Built 1964
Lot Size 7,721 Sqft
Acres 0.18
Property Sub-Type Other
Property Description
1236 N Ogden Drive, West Hollywood, CA is an exceptionally well-operated asset with substantial upside. This 10-unit West Hollywood apartment community is centrally located between Fountain Avenue and Santa Monica Blvd., just one block from Whole Foods and other popular attractions. West Hollywood multifamily investments have historically provided investors exceptional long-term capital appreciation and wealth preservation.1236 N Ogden Drive, built in 1964, features an ideal unit composition of two (2) huge 2-Bedroom/2-Bathroom plus Den units, two (2) 2-Bedroom/2- Bathroom units, and six (6) spacious 1-Bedroom/1-Bathroom units. The units are large, averaging nearly 1,000 sf/unit. Current ownership has overseen top-to-bottom renovation of five of the ten units, attracting the most discerning tenants and setting the market for strong rents. Remodeled units boast new stylish flooring, updated bathrooms and kitchens, designer appliances, crown molding, mini-split A/C units, along with washer/dryers in select units. As additional units turn over, further enhancements could be made. Property amenities include 14 tucked-under parking spaces (with individual storage compartments), an on-site laundry room, and balconies on five units. The apartment homes are individually metered for gas a
Location
State CA
County Los Angeles
Zoning WDR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5530003007
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Listed by Nick Astrupgaard • KW Commercial Studio City
Bought with RichJohns
Bought with RichJohns
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