1046 North Ogden Drive

West Hollywood, CA 90046

$3,200,000
Price
14
Beds
14
Baths
8,636 Sq. Ft.
$371 / Sq. Ft.
8,636
Sq. Ft.
$371
per Sq. Ft.

Description

1046 N Ogden Drive is a 10 Unit Apartment Building built in 1958. The property is located in an A+ West Hollywood Location just north of Melrose and East of Fairfax Avenue. The property offers an excellent unit mix comped of 6 - 1 Bedroom / 1 Bathroom units and 4 - 2 Bedroom / 2 Bathroom Units. Garage offers 10 Parking Spaces. Assumable Financing Available at approx. $1,500,0000 & 3.94%.1046 N Ogden Drive is a 10 Unit Apartment Building built in 1958. The property is located in an A+ West Hollywood Location just north of Melrose and East of Fairfax Avenue. The property offers an excellent unit mix comped of 6 - 1 Bedroom / 1 Bathroom units and 4 - 2 Bedroom / 2 Bathroom Units. Garage offers 10 Parking Spaces. Assumable Financing Available at approx. $1,500,0000 & 3.94%.
  1. Listed by Jordan Asheghian • DRE #01886605 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 1046 North Ogden Drive

Zoning
WDR3C*
Parcel Number
5530014008
Total Units
10.0
Living Area
8636
Source Living Area
Assessor
Area
West Hollywood Vicinity (C10)
Vacancy Rate
4949
Lot Size Area
6821
LISTING UPDATED: 08/20/2024 10:30 AM

Property Details for 1046 North Ogden Drive

StatusActive
MLS #24-429957
Days on Market30
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.16 AC / 6,821 SF
CountyLos Angeles County

Building Information for 1046 North Ogden Drive

Stories2Residences-Year Built1958Building Size-Lot Size0.16 AC / 6,821 SF

Property Information for 1046 North Ogden Drive

Community / Development
Community / Development
  • Number Of Units: 10
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Standard
Contract Info
Contract Info
  • Financing: Assumed
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $243,425
  • Net Operating Income: $149,805.00
  • Gross Income: $248,375
  • Cap Rate: 4.68%
  • Gross Rent Multiplier: $12.93
  • Vacancy Allow Percent: 2.00%
  • Total Annual Expense: 93620
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1566
  • Lot Size Square Feet: 6821
  • Lot Size Dimensions: 50x130
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Gated Underground
  • Total Parking: 10
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Wall Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Laundry: Community
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-20-2024
  • Rent Control: Yes
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,989.30
  • Unit Actual Rent: $11,935.00
  • Unit Projected Rent: $13,800.00
  • Like Units: 6
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,171.80
  • Unit Actual Rent: $8,687.00
  • Unit Projected Rent: $13,200.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $544,243.00
  • Assessed Improvement Percent: 52.18
  • Assessed Land Value: $498,669.00
  • Assessed Land Percent: 47.82
  • Assessed Total Value: $1,042,912.00

Property History for 1046 North Ogden Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1046 North Ogden Drive

Taxable ValueLand$508,642Additions$555,127Total$1,063,769
Tax Record2023$15,267 ($1,272 / month)
Home Facts
Total Finished SqFt8,636 SqFtAbove Grade Finished SqFt8,636 SqFtLot Size6,821 SqFtStyleMulti-Family Res (5+ Units)Year Built1958ZoningWDR3C*CountyLOS ANGELESAPN5530-014-008

Schools near 1046 North Ogden Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1046 North Ogden Drive is a multi-family home for sale in West Hollywood, CA 90046. This property was listed for sale on August 20, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $3,200,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Laurel Elementary School, Fairfax Senior High School and West Hollywood Opportunity School. 1046 North Ogden Drive is a 14-bed, 14-bath, 8,636 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jordan Asheghian, DRE #01886605

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.