Description
1236 n ogden drive, west hollywood, ca is an exceptionally well-operated asset with substantial upside. this 10-unit west hollywood apartment community is centrally located between fountain avenue and santa monica blvd., just one block from whole foods and other popular attractions. west hollywood multifamily investments have historically provided investors exceptional long-term capital appreciation and wealth preservation.1236 n ogden drive, built in 1964, features an ideal unit composition of two (2) huge 2-bedroom/2-bathroom plus den units, two (2) 2-bedroom/2- bathroom units, and six (6) spacious 1-bedroom/1-bathroom units. the units are large, averaging nearly 1,000 sf/unit. current ownership has overseen top-to-bottom renovation of five of the ten units, attracting the most discerning tenants and setting the market for strong rents. remodeled units boast new stylish flooring, updated bathrooms and kitchens, designer appliances, crown molding, mini-split a/c units, along with washer/dryers in select units. as additional units turn over, further enhancements could be made. property amenities include 14 tucked-under parking spaces (with individual storage compartments), an on-site laundry room, and balconies on five units. the apartment homes are individually metered for gas and electrical utilities, keeping the owner's expenses low. recent capital improvements include a) tuck-under parking seismic retrofit (2019/2020), b) new electric gate to parking (2023), c) brand new 400 amp electrical panel (2024), d) new 100 gallon commercial water heater (2024), e) new copper plumbing and cast iron drain lines in half the building (2021/2022), and f) new rain gutters (2024), g) all new double-paned windows and sliding glass doors (2019). the asset is located close to world-class dining, shopping, entertainment, and nightlife in west hollywood and further benefits from access to business services and major employment centers throughout the city and its surrounding neighborhoods. there is substantial rental upside based on current market rents vs. existing rents, thus representing a strong long-term investment opportunity in an exceptional west hollywood location.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
48959795
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 16
Bathroom Information
- Total Baths: 14
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 9,948
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1772
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 7721
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Listing Information
Listing Price Information
- Original List Price: 3,750,000
- Listing Contract Date: 2025-03-13
Lease Information
- Listing Agreement: Exclusive Right To Sell
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Taxes / Assessments
Tax Information
- Parcel Number: 5530003007
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Covered
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C10 - West Hollywood Vicinity
- Postal Code Plus 4: 4729
- Directions: 1236 N Ogden Drive is Situated on One of West Hollywood's Best Blocks near Santa Monica Blvd.
- Zoning: WDR3C*
- Source Property Type: Residential Income
- Area: C10 - West Hollywood Vicinity
Building and Construction
- Property Age: 61
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 9948
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/04/2025 @ 16:56
- MLS: 25511205
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 16 bedrooms which is for sale, it has 9,948 sqft, 7,721 sized lot, and 0 parking. are nearby neighborhoods.