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Renovated Triplex with Bungalow Residence
For Sale
$1,995,000

1154 N Ogden Dr, West Hollywood, CA 90046

Residential Income, California Bungalow, WEST HOLLYWOOD, CA

Property Size3,208 SF
Lot Size0.17 Acres
Price / SF$621.88
Days on Market60

Property Features for 1154 N Ogden Dr

General Information

Property type Residential Multi Family
Property subtype Other
Zoning WDR3C*
Bedrooms 7
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 7, Bedroom 2, Bathroom 2, Bathroom 4, Bathroom 5, Bathroom 3, Bedroom 6, Bedroom 4, Bedroom 5, Bedroom 3, Bathroom 6, Bedroom 1, Bathroom 1
Parking 6
Parking features Driveway, Carport
Fireplace 1
Appliances Microwave, Oven, Range, Built-Ins
Lot features Single Lot, Front Yard, Fenced
Directions North of Santa Monica Blvd, East of Fairfax Blvd
Subdivision West Hollywood Vicinity
Standard status Active
APN 5530-003-014
Size 3,208 SF
Lot size 0.17 Acres

Utilities

Heating system Natural Gas
Cooling system Wall Unit(s)

Building Details

Year built 1920
Floors in Building 2
Number of units 3
Flooring type Hardwood, Mixed, Tile
Architectural style Bungalow
Listing Agency: Douglas Elliman of California, Inc.
Listed By: Jacob Greene · License #01933997
Added: Aug 28 Changed: Oct 22 Last Checked: Oct 26 at 2:06AM
MLS# 26876391

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3-unit multifamily property combines a renovated front bungalow-style residence with two matching rear apartments. The front home offers 3 bedrooms and 2 bathrooms and was updated within the past year. Each rear unit contains 2 bedrooms and 2 bathrooms, creating a practical five-bedroom, six-bathroom configuration across 3,208 square feet. Hardwood, tile, and mixed flooring are present, along with natural-gas heating, wall-unit cooling, and a fireplace. Appliances include a microwave, oven, range, and built-ins.

The property occupies 0.1736 acres in West Hollywood near Santa Monica Blvd, with shops and dining in the surrounding area. A private driveway leads to covered carport parking serving the rear units. All three residences are leased, with a current cap rate of about 5% and a projected cap rate of about 6.7% at market-value rents. The property is zoned WDR3C* and was built in 1920.

Key Highlights

  • 3‑unit property with a 3‑bedroom, 2‑bathroom front residence and two 2‑bedroom, 2‑bathroom rear units
  • Front bungalow renovated within the past year
  • 3,208 square feet on a 0.1736‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,023
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,460 $1.1M
Cap Rate 7%
$800,329 $800.3K
Cap Rate 9%
$622,478 $622.5K
Market Conditions
NOI Build-Up for 3,208 SF
Gross rent
$86.6K $27.00/SF
− Vacancy
−$6.6K −$2.05/SF
EGI
$80.0K $24.95/SF
− OpEx
−$24.0K −$7.48/SF
NOI
$56.0K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,120,460
Cap Rate 7%
$800,329
Cap Rate 9%
$622,478

Alternative Uses

Best Use
Multifamily LT 5
$800.3K
$700.3K – $933.7K (±1% cap)
NOI $56,023 @ 7.0% cap · market cap 2.81%
Second Best
Apartment 5plus
$737.4K
$645.2K – $860.3K (±1% cap)
NOI $51,619 @ 7.0% cap · market cap 2.59%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M (±1% cap)
NOI $120,229 @ 7.0% cap · market cap 6.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,743
Businesses Nearby

Demographics for 90046, CA

49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three leased units include a renovated front residence and two rear apartments with carport access.
Where is this triplex located?
The property is located at 1154 N Ogden Dr West Hollywood, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 3‑unit property with a 3‑bedroom, 2‑bathroom front residence and two 2‑bedroom, 2‑bathroom rear units; Front bungalow renovated within the past year; 3,208 square feet on a 0.1736‑acre lot
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