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1342 South Ogden Drive

Los Angeles CA 90019

9
6
6
5187 sq. ft.
7325 sq. ft.
Other
Currently for sale - view listing

Overview

Presenting a rare chance to acquire a turn-key, income producing asset in one of Los Angeles' most coveted and rapidly appreciating neighborhoods. This contemporary style property offers six total units. A four front unit building plus two newly constructed ADUs in the rear. 5 of the 6 units can be delivered vacant upon close of escrow! All units were rebuilt with all new finishes, giving a new owner the ability to command top of market rents from day one with zero deferred maintenance. Each unit features in unit washer/dryer, brand new AC units, kitchen appliances and other amenities that command high rental rates. Additionally, all electrical, plumbing and HVAC systems are brand new. The two rear ADUs are newly constructed, both with in-unit washer/dryer, brand new AC units, kitchen appliances and other amenities. Because of the ADU configuration, this 6 unit property qualifies for residential financing, allowing a buyer to leverage a substantially lower down payment compared to traditional commercial multifamily loans.

Features

9 bedrooms
6 bathrooms
6 carspaces
5187 sq. ft. floor area
7325 sq. ft. lot size
Other

Happy sellers in Los Angeles

<50%
Less than 50% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out as a desirable community for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 9 bedroom other properties in Los Angeles

In the last 12 months, 4 nine-bedroom other properties similar to 1342 South Ogden Drive, have been sold.

This represents a 300% decrease in nine-bedroom other properties sales when compared to the previous 12 months.

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