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1058 S Ogden Dr

Los Angeles, CA 90019
  • $2,595,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 21-106809
UPDATED: 52 min ago
$2,595,000
  • 6
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,225
    SQFT
  • $497
    $/SQFT
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Description

I am pleased to present the opportunity to acquire 1058 South Ogden Drive, a five-unit turnkey apartment community in Carthay Square. 1058 South Ogden Drive is situated just south of Olympic within the Mid-City submarket in a highly desirable pocket of Los Angeles. The well-maintained property built in 1937 consists of four large one-bedroom units and one townhome styled two-bedroom unit. Its 7,724 square foot lot is located within an extremely sought-after area of Mid-City Los Angeles. Current ownership has extensively renovated the property including adding a new roof, new furnaces, stainless steel appliances, original hardwood floors, new cabinetry, tiled bathrooms & much more. It is surrounded by retail and located within minutes of the Grove providing convenient access to daily errands, retail and entertainment venues. The property features six on-site parking spots (five covered & one uncovered).The prime location of the asset along with the outstanding property condition & strong in place income makes 1058 South Ogden Drive an excellent acquisition opportunity.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T10:42:44.797. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.haciendagroupinc.com/homes/123424383
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1058 S Ogden Dr Los Angeles, CA 90019

  • Price: $2,595,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 52 min ago
  • MLS #: 21-106809
6
Beds
0
Baths
0
½ Baths
0.18
Acres
5,225
SQFT
$497
$/SQFT
1937
Built
Neighborhood:
Beverly Center-Miracle Mile
County:
Los Angeles
Area:
Beverly Center-Miracle Mile
Property Description
I am pleased to present the opportunity to acquire 1058 South Ogden Drive, a five-unit turnkey apartment community in Carthay Square. 1058 South Ogden Drive is situated just south of Olympic within the Mid-City submarket in a highly desirable pocket of Los Angeles. The well-maintained property built in 1937 consists of four large one-bedroom units and one townhome styled two-bedroom unit. Its 7,724 square foot lot is located within an extremely sought-after area of Mid-City Los Angeles. Current ownership has extensively renovated the property including adding a new roof, new furnaces, stainless steel appliances, original hardwood floors, new cabinetry, tiled bathrooms & much more. It is surrounded by retail and located within minutes of the Grove providing convenient access to daily errands, retail and entertainment venues. The property features six on-site parking spots (five covered & one uncovered).The prime location of the asset along with the outstanding property condition & strong in place income makes 1058 South Ogden Drive an excellent acquisition opportunity.
Exterior Features

Lot Size Area 7724 Other Structures None Parking Garage Uncovered Total Parking 6

Interior Features

Baths Total 6.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 1730826 Gross Income 136476 Gross Operating Income 132382 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 84414.00 Number Of Buildings 1 Number Of Units 5 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 47968 Type Of Units Residential Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T10:42:44.797. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Hacienda Agency Inc
77935 Calle Tampico # 201
La Quinta CA, 92253