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This unique property, hitting the market for the first time in over 50 years, presents a rare and exclusive opportunity for ownership. The prospect of acquiring a property that has remained off the market for more than five decades adds a distinctive allure to this investment. Offering a blank canvas for potential buyers, all three units of 904-906 N Ogden Dr will be delivered fully vacant. The property features an appealing unit mix, including one one-bedroom/one-bathroom unit and two three-bedroom/two-and-a-half-bathroom units. The front building is a side-by-side three-bedroom/two-and-a-half-bathroom townhouse, while the back unit is a one-bedroom/one-bathroom private home that may have the potential for conversion to a two or three-bedroom unit, subject to buyer verification. Anticipating a return on cost of approximately 6.04% post-renovations, this property in the vibrant West Hollywood area stands out with its above-market return potential. Savvy investors can also explore adding in ADUs easily since they wouldn't be inconveniencing any existing tenants, allowing them to move and build around the property unobstructed. The prime location, excellent walkability, and strong demographics further contribute to the overall appeal and investment potential of this property.

DAYS ON MARKET 62 LAST UPDATED 4/17/2024
YEAR BUILT 1926 COMMUNITY West Hollywood Vicinity
COUNTY Los Angeles STATUS Pending
PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Mar 14, '24 $2,200,000
Mar 14, '24 - Apr 11, '24 $1,995,000
Apr 11, '24 - Today $1,700,000


ADDITIONAL DETAILS
AIR None
AREA West Hollywood Vicinity
BUYER'S BROKERAGE COMPENSATION 2.000 %
GARAGE None
HEAT None
LOT 6553 sq ft
PARKING None
STORIES 2
ZONING WDR3C*
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 904 904-906 N OGDEN DRIVE
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Listed with Marcus & Millichap

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/24 4:35 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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