1342 S Ogden Drive,Los Angeles, CA 90019
Los Angeles, CA 90019
Description
Presenting a rare chance to acquire a turn-key, income producing asset in one of Los Angeles' most coveted and rapidly appreciating neighborhoods. This contemporary style property offers six total units. A four front unit building plus two newly constructed ADUs in the rear. 5 of the 6 units can be delivered vacant upon close of escrow! All units were rebuilt with all new finishes, giving a new owner the ability to command top of market rents from day one with zero deferred maintenance. Each unit features in unit washer/dryer, brand new AC units, kitchen appliances and other amenities that command high rental rates. Additionally, all electrical, plumbing and HVAC systems are brand new. The two rear ADUs are newly constructed, both with in-unit washer/dryer, brand new AC units, kitchen appliances and other amenities. Because of the ADU configuration, this 6 unit property qualifies for residential financing, allowing a buyer to leverage a substantially lower down payment compared to traditional commercial multifamily loans.
Details
| MLS # | 26989237 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1938 |
| Days On Site | 47 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. | Shaya Lowenstein |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 5,187 |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 2 |
| Zoning | LARD1.5 |
| Acreage | 0.17 |
Interior
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Refrigerator, Dryer, Washer |
Parking
| Parking Features | Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90019) | |
Price: $2,798,888 low | high Med: $844,500 sqft: 5,187 low | high Med: 1,357 $ / sqft: $540 low | high Med: $623 On site: 47 low | high Med: 26 | |
Market Activity 90019
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90019 |
| Area | C19 Beverly Center Miracle Mile |
| Listing VS Median (in 90019) | |
Price: $2,798,888 low | high Med: $844,500 sqft: 5,187 low | high Med: 1,357 $ / sqft: $540 low | high Med: $623 On site: 47 low | high Med: 26 | |
