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1058 S Ogden Drive

Los Angeles (City), CA 90019
  • $2,595,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: 21106809
New On Site 6 Days Ago
UPDATED: 52 min ago
$2,595,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap

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 California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123426352
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1058 S Ogden Drive Los Angeles (City), CA 90019

  • Price: $2,595,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 52 min ago
  • ID#: 21106809
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1937
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - 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

Parking Features Uncovered Parking Total 6

Property Features

Association Fee 0 Gross Income 136476 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 84414 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-26T18:26:17.017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Sean Rosenzweig of Marcus & Millichap