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401 N Ogden Dr

Los Angeles, CA 90036
  • $3,375,000
  • STATUS: Active
  • ON SITE: 8 Days
  • MLS #: 22-156223
UPDATED: 185 min ago
$3,375,000
  • 8
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,932
    SQFT
  • $487
    $/SQFT
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Description

We are pleased to present 401 N Ogden Drive, a two-story apartment building located in the desirable neighborhood of Miracle Mile, just north of Beverly Blvd. Situated on a 6,986 SF lot, the property offers 6,932 rentable SF. The current unit mix consists of eight (8) one-bedroom/one-bathroom units. 401 N Ogden Drive has been under the same ownership for many years, offering investors the perfect opportunity to purchase an investment property with huge upside potential, which could be achieved through interior and exterior renovations. The property is within close proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining venues.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. 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.searchdesertrealestate.com/homes/128657248
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401 N Ogden Dr Los Angeles, CA 90036

  • Price: $3,375,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 185 min ago
  • MLS #: 22-156223
8
Beds
0
Baths
0
½ Baths
0.16
Acres
6,932
SQFT
$487
$/SQFT
1928
Built
Neighborhood:
Beverly Center-Miracle Mile
County:
Los Angeles
Area:
Beverly Center-Miracle Mile
Property Description
We are pleased to present 401 N Ogden Drive, a two-story apartment building located in the desirable neighborhood of Miracle Mile, just north of Beverly Blvd. Situated on a 6,986 SF lot, the property offers 6,932 rentable SF. The current unit mix consists of eight (8) one-bedroom/one-bathroom units. 401 N Ogden Drive has been under the same ownership for many years, offering investors the perfect opportunity to purchase an investment property with huge upside potential, which could be achieved through interior and exterior renovations. The property is within close proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining venues.
Exterior Features

Lot Size Area 6986 Other Structures None Parking Garage Carport Total Parking 6

Interior Features

Baths Total 8.00 Cooling None Equipment None Heating None

Property Features

Assessed Total Value 899831 Gross Income 189036 Gross Operating Income 183365 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 117843.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 65523 Type Of Units Standard Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Saadia 'Sam' Liberow DRE#01933858 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-20T23:43:00.543. 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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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210