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1027 N Ogden Dr 10 Unit Apartment Building $2,175,000 ($217,500/Unit) 5.22% Cap Rate Los Angeles, CA 90046
Investment Highlights
- 1st Time to be Sold in Over 60 Years!
- Excellent Unit Mix Offering 1, 2 & 3 Bedroom Units
- 10 Parking Spaces! 1:1 Ratio
- 1 Unit To Be Delivered Vacant!
- Approximately Over 72% Rental Upside!
- *Seismic Retrofit Has Not Been Completed
Executive Summary
The property is nestled in the heart of Los Angeles, offering prime
access to the city's most sought-after destinations. Conveniently situated near West Hollywood, Beverly Grove, and the trendy Fairfax
District, residents are just moments away from world-famous attractions like The Grove, the Los Angeles County Museum of Art
(LACMA), and the vibrant shopping and dining along Melrose Avenue.
With a Walk Score of 93, this location offers a highly walkable lifestyle, with cafes, restaurants, grocery stores, and parks all within
easy reach. Public transportation and close access to the 10 and 101 Freeways provide convenient connections to other parts of the
city, from Hollywood to Downtown LA.
Known for its dynamic urban atmosphere and proximity to luxury retail, cultural venues, and entertainment hotspots, the neighborhood offers the perfect blend of convenience and cosmopolitan charm. Whether you're exploring nearby galleries or enjoying the bustling nightlife.
access to the city's most sought-after destinations. Conveniently situated near West Hollywood, Beverly Grove, and the trendy Fairfax
District, residents are just moments away from world-famous attractions like The Grove, the Los Angeles County Museum of Art
(LACMA), and the vibrant shopping and dining along Melrose Avenue.
With a Walk Score of 93, this location offers a highly walkable lifestyle, with cafes, restaurants, grocery stores, and parks all within
easy reach. Public transportation and close access to the 10 and 101 Freeways provide convenient connections to other parts of the
city, from Hollywood to Downtown LA.
Known for its dynamic urban atmosphere and proximity to luxury retail, cultural venues, and entertainment hotspots, the neighborhood offers the perfect blend of convenience and cosmopolitan charm. Whether you're exploring nearby galleries or enjoying the bustling nightlife.
Property Facts
| Price | $2,175,000 | Property Subtype | Apartment |
| Price Per Unit | $217,500 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 5.22% | Lot Size | 0.15 AC |
| Gross Rent Multiplier | 11.83 | Building Size | 9,303 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Zoning | R3 - Restricted Density Multiple Dwelling | ||
| Price | $2,175,000 |
| Price Per Unit | $217,500 |
| Sale Type | Investment |
| Cap Rate | 5.22% |
| Gross Rent Multiplier | 11.83 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 9,303 SF |
| No. Stories | 2 |
| Year Built | 1963 |
| Zoning | R3 - Restricted Density Multiple Dwelling |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 7 | - | 800 |
| 2+2 | 2 | - | 1,000 |
| 3+2 | 1 | - | 1,250 |
Walk Score®
Walker's Paradise (97)
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1027 N Ogden Dr
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