West Hollywood, CA 90046,904 904-906 N Ogden DR
West Hollywood, CA 90046,904 904-906 N Ogden DR
West Hollywood, CA 90046,904 904-906 N Ogden DR
West Hollywood, CA 90046,904 904-906 N Ogden DR
West Hollywood, CA 90046,904 904-906 N Ogden DR
West Hollywood, CA 90046,904 904-906 N Ogden DR
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$1,560,000

$1,700,000

8.2%
Est.Price: ?

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Est. payment /mo

7 Beds

6 Baths

4,534 SqFt


SOLD DATE : 05/07/2024

Key Details

Sold Price $1,560,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,534 sqft

Price per Sqft $344

MLS Listing ID 24362253

Sold Date 05/07/24

Bedrooms 7

HOA Y/N No

Year Built 1926

Lot Size 6,551 Sqft

Property Description

This unique property, hitting the market for the first time in over 50 years, presents a rare and exclusive opportunity for ownership. The prospect of acquiring a property that has remained off the market for more than five decades adds a distinctive allure to this investment. Offering a blank canvas for potential buyers, all three units of 904-906 N Ogden Dr will be delivered fully vacant. The property features an appealing unit mix, including one one-bedroom/one-bathroom unit and two three-bedroom/two-and-a-half-bathroom units. The front building is a side-by-side three-bedroom/two-and-a-half-bathroom townhouse, while the back unit is a one-bedroom/one-bathroom private home that may have the potential for conversion to a two or three-bedroom unit, subject to buyer verification. Anticipating a return on cost of approximately 6.04% post-renovations, this property in the vibrant West Hollywood area stands out with its above-market return potential. Savvy investors can also explore adding in ADUs easily since they wouldn't be inconveniencing any existing tenants, allowing them to move and build around the property unobstructed. The prime location, excellent walkability, and strong demographics further contribute to the overall appeal and investment potential of this property.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features None

Total Parking Spaces 6

Building

Story 1

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5530025010

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Saadia 'Sam' Liberow • Marcus & Millichap
Bought with Daniel Bahr • CORE Commercial Real Estate, Inc.
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