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904 N Ogden Dr, West Hollywood, CA 90046
$1,560,000
904 N Ogden Dr, West Hollywood, CA 90046View this property at 904 N Ogden Dr, West Hollywood, CA 90046
904 N Ogden DrWest HollywoodCA90046
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Property Description
This unique property, hitting the market for the first time in over 50 years, presents a rare and exclusive opportunity for ownership. The prospect of acquiring a property that has remained off the market for more than five decades adds a distinctive allure to this investment. Offering a blank canvas for potential buyers, all three units of 904-906 N Ogden Dr will be delivered fully vacant. The property features an appealing unit mix, including one one-bedroom/one-bathroom unit and two three-bedroom/two-and-a-half-bathroom units. The front building is a side-by-side three-bedroom/two-and-a-half-bathroom townhouse, while the back unit is a one-bedroom/one-bathroom private home that may have the potential for conversion to a two or three-bedroom unit, subject to buyer verification. Anticipating a return on cost of approximately 6.04% post-renovations, this property in the vibrant West Hollywood area stands out with its above-market return potential. Savvy investors can also explore adding in ADUs easily since they wouldn't be inconveniencing any existing tenants, allowing them to move and build around the property unobstructed. The prime location, excellent walkability, and strong demographics further contribute to the overall appeal and investment potential of this property.
Full Property Details
Full Property Details for 904 N Ogden Dr
General
- Sold For: $1,560,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 24-362253
- Added to Site: 83 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: West Hollywood Vicinity
- County: Los Angeles
- Driving Directions: Near cross streets North Ogden Dr & Willoughby Ave.
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- # Buildings: 1
- Stories/Levels: 1
- Square Feet: 4,534
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1926
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 2.5
- Bedrooms: 3
Unit 3
- Total Bathrooms: 2.5
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1505
- Lot Size: 6553
- Lot Size Source: Assessor
- Zoning: WDR3C*
Financial Considerations
- Price Per Sq. Ft.: $374.94
- Assessment Year: 1926
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5530-025-010
Listed by Marcus & Millichap, Saadia 'Sam' Liberow
Sold by CORE Commercial Real Estate, Inc., Daniel Bahr
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Schools
Schools serving 904 N Ogden Dr
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
925 N Hayworth Ave, Los Angeles, CA 90046 | K-8 | 0.2 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 904 N Ogden Dr
Date
Details
Price
Change
Source
5/07/2024
Sold
$1,560,000
-8.24%
MLS
4/11/2024
Price Reduced
$1,700,000
-14.79%
MLS
3/14/2024
Price Reduced
$1,995,000
-9.32%
MLS
2/26/2024
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
904 N Ogden Dr, West Hollywood, CA 90046 (MLS# 24-362253) is a Multi-Family property that was sold at $1,560,000 on May 07, 2024. Want to learn more about 904 N Ogden Dr? Do you have questions about finding other Multi-Family real estate for sale in West Hollywood? You can browse all West Hollywood real estate or contact a Coldwell Banker agent to request more information.