1046 N Ogden Dr West Hollywood, CA 90046
West Hollywood 10-unit apartment building with assumable financing.
Lot size:
0.16 AcresProperty Features for 1046 N Ogden Dr
General Information
- Lot size
- 0.16 Acres
Building Details
- Year built
- 1958
Source: Rafael & Associates Co.
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
West Hollywood Multifamily Investment Opportunity
This 10-unit apartment building, constructed in 1958, presents an investment opportunity in a prime West Hollywood location, situated north of Melrose and east of Fairfax Avenue. The unit mix comprises six 1-bedroom, 1-bathroom units and four 2-bedroom, 2-bathroom units. The garage provides 10 parking spaces. Assumable financing is available at approximately $1,650,000 with a 3.94% interest rate. The property's financials include a 10.5 GRM and a 6.1% cap rate. Please note that soft story retrofitting has not been completed, and buyers should conduct their own investigations. Tenants are not to be disturbed.
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- West Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.366
- Latitude
- 34.1068
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - West Hollywood 10-unit apartment building with assumable financing.
Where is this apartment building located?
The property is located at 1046 N Ogden Dr West Hollywood, CA.
What is the asking price?
The asking price for this property is $2,749,000.
What are key features of this property?
This property features: - Prime West Hollywood location, an A+ location north of Melrose and east of Fairfax; - Strong investment opportunity with a 10.5 GRM / 6.1% Cap Rate; - Favorable unit mix featuring 6 - 1 Bedroom / 1 Bathroom units and 4 - 2 Bedroom / 2 Bathroom Units