1046 Ogden dr, West Hollywood , CA 90046
Active
$2,995,000
6%
10 Units
14 Beds
14 Baths
8,636 Area(sq.ft.)
Lot: 6,821 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 6 | 1 | 1 | No | $ 2,130 | $ 12,780 | $ 14,400 |
| Unit 2 | 4 | 2 | 2 | No | $ 2,224 | $ 8,894 | $ 13,200 |
| 10 | 14 | 14 | $ 21,674 | $ 112,256 | $ 139,200 |
| MLS #: | 24-429957 |
| Days On Market: | 473 |
| Listing Date: | August 20, 2024 |
| County: | Los Angeles |
| Property Type: | Residential Income |
| Price per ft2: | $ 347 |
| Price per unit: | $ 299,500 |
| Year Built: | 1958 |
Property Details
5.60% Cap Rate Prime West Hollywood! 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. $1,450,0000 & 3.94%.Interested in this Listing?
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Income Details
| Rent Control: | Yes |
| Vacancy Rate: | 2% |
| Gross Operating Income: | $ 261,291 |
| Total Annual Expense: | $ 88,318 |
| Net Operating Income: | $ 167,771 |
| Gross Annual Income: | $ 260,091 |
| Cap Rate: | 5.6% |
| Gross Rent Multiplier: | 11.52 |
Structure
| Type of Units: | Standard |
| Buildings: | 1 |
| Levels: | Multi/Split |
Land & Parking
| Zoning: | WDR3C* |
| Parking Garage: | Gated Underground |
| Total Parking: | 10 |
Interior
| AC/Cooling: | Wall Unit(s) |
| Equipment: | Ceiling Fan, Refrigerator, Range/Oven |
| Heating: | Wall |
| Laundry: | Community |
Exterior
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