West Hollywood, CA 90046,1236 N Ogden Drive

$3,475,000

$3,750,000

7.3%
Est.Price: ?

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Est. payment /mo

9,948 SqFt


SOLD DATE : 05/28/2025

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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Bridge MLS
Listed by Nick Astrupgaard • KW Commercial Studio City
Bought with RichJohns

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Roland Osage
Roland Osage

Agent | License ID: 02055089

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