904 904-906 N Ogden Drive West Hollywood, CA $ 1,700,000
904 904-906 N Ogden Drive
$ 1,700,000
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904 904-906 N Ogden Drive

West Hollywood, CA, 90046
$ 1,700,000
Bedrooms7 Baths6.0 Sq 4,534

Monthly Estimate*

$ 11,875

Listed by Marcus & Millichap
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Multi-Family Home for sale in West Hollywood, CA

for $1,700,000 with 7 bedrooms and 6 full baths. This 4,534 square foot home was built in 1926 on a lot size of 0.1504.

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.

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Multi-Family Pending

Price

$ 1,700,000

Bedrooms

7

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1504

Year Built

1926

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

24362253

Days on Market

65

Features
General
Heating None
Cooling None
Zoning WDR3C*
Year Built 1926
Stories 2
Levels Two
Gross Income 180420.0
County Los Angeles
Net Operating Income 140520.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions Near cross streets North Ogden Dr & Willoughby Ave.
City West Hollywood
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area C10 - West Hollywood Vicinity
Lot Size Square Feet 6553.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Ogden
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 51
Standard Status Pending
Cap Rate 8.27
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Exterior
Parking Features None
Total Parking 6.0
Lot Size Area 6553.0
Number of Buildings 1
Spa N
Building Area Total 4534.0
Lot Size Acres 0.1504
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Drive
Total Bedrooms 7
Electric On Property Y/N N
Total Baths 6
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Internal Only
Street Number 1 904
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* Excluded Features
List By
Marcus & Millichap

Broker

(818) 212-2795

Phone

Affordability Calculator

$11,875
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,875
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2024$1,700,000 -14.79% Price Down
3/14/2024$1,995,000 -9.32% Price Down
2/27/2024$2,200,000 Listed Price

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904 904-906 N Ogden Drive, West Hollywood, CA, 90046 is a Multi-Family Home for sale at $1,700,000 with 4,534 sqft and a lot size of 0.1504. 904 904-906 N Ogden Drive has 7 bedrooms, 6.0 baths, and was built in 1926. The property's zip code is 90046 which is in West Hollywood, CA