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$ 1,750,000
Est. payment | /mo
10 Beds
4 Baths
5,486 SqFt
$ 1,750,000
Est. payment | /mo
10 Beds
4 Baths
5,486 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,486 sqft
Price per Sqft $318
MLS Listing ID 26667859
Bedrooms 10
HOA Y/N No
Year Built 1927
Lot Size 6,377 Sqft
Property Description
358 N Ogden Dr, a charming four-unit apartment building located in the highly desirable Fairfax District of Los Angeles. Built in 1927, the property features (2) two-bedroom + one-bathroom units and (2) three-bedroom + one-bathroom units, totaling 5,486 square feet on a 6,375-square-foot lot.Situated in the heart of the vibrant Fairfax District, 358 N Ogden Dr offers residents the perfect blend of historic character and central city convenience. The neighborhood is celebrated for its tree-lined streets, classic architecture, and culturally rich, energetic atmosphere, all just minutes from some of LosAngeles' most iconic destinations.Residents benefit from easy access to Beverly Hills, Miracle Mile, and Mid-City, along with the shops, restaurants, and cultural institutions that define the Fairfax District. With its walkable location, strong connectivity, and timeless architectural appeal, the property stands out as a highly desirable rental opportunity in one of Los Angeles' most dynamic neighborhoods. 358 N Ogden Dr also presents a compelling value-add investment opportunity, offering both an exceptional location and notable rental upside. The property currently delivers an initial CAP rate of 4.49%, with the potential to reach a 6.65% CAP rate upon unit turnover.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5527039027
Special Listing Condition Standard
Listed by Michael Kamara Lyon Stahl Investment Real Estate, Inc. #02062158
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