Toggle navigation
Home
About
Services
Open menu
Valuation
1031 Exchange
Listings
Open menu
Multifamily
Luxury
Commercial
Track Record
Careers
News
Contact
1046 N Ogden Dr, West Hollywood, CA 90046
1046 N Ogden Dr, West Hollywood, CA 90046
West Hollywood, CA
$3,100,000
Property Description
Investment Highlights
10 Units Prime West Hollywood
Assumable Financing! Buyer Can Assume Existing Loan at 3.94% Fixed Until February 2027!
Great Unit Mix Composed of 6 – One Bedroom Units & 4 – Two Bedroom Units!
1st Time To be Sold in Over 38 Years!
All units eligible for rent increases except unit 3 & 9 (Over 12 months since last increase)
Approximately 31% Upside in Rents
Property Offers Gated Parking and On-Site Laundry Facilities for Tenants!
Walkscore.com Rates 1046 N. Ogden Dr. a Walker’s Paradise: Daily Errands do not Require a Car!
Close Proximity to Shopping, Dining & Entertainment on Melrose Avenue, Santa Monica Boulevard
& Sunset Boulevard!
Desirable West Hollywood Location Near Downtown LA, Beverly Hills, and Century City Business
Centers!
Supply Constrained 90046 Zip Code!
×
Download Flyer Request
Please fill the information below to download the Flyer.
Download Flyer
Property Features
Sale Price:
$3,100,000
Area Size:
8,636 SF
Year Built:
1958
Units:
10
Current GRM:
12.93
Current Cap Rate:
4.65%
Market GRM:
9.88
Market Cap Rate:
6.91%
Lyon Stahl Investment Real Estate
Keep In Touch
Jordan Asheghian
1st Vice President