738 S Ogden Drive
Los Angeles, CA, 90036 $ 8,250,000
Bedrooms24 Baths24.0 Sq 16,860 Monthly Estimate*
$ 51,469
Listed by Marcus & Millichap
for $8,250,000 with 24 bedrooms and 24 full baths. This 16,860 square foot home was built in 2015 on a lot size of 0.2196.
We are pleased to present 738 S. Ogden Drive, a luxury 12-unit multifamily offering located in the highly coveted Miracle Mile neighborhood just south of Wilshire Blvd and east of Fairfax Ave. Built in 2015, the property represents a rare turnkey, newer construction asset in an A+ Los Angeles location surrounded by premier retail amenities. The property features twelve large two-bedroom, two-bathroom condo-style units, ranging from 1,185 to 1,340 SF, significantly larger than typical area floorplans. Residences offer floor-to-ceiling windows, 10-foot ceilings, designer kitchens with quartz countertops, stainless-steel appliance packages, tiled backsplashes, in-unit washer/dryers, walk-in closets, and expansive private balconies, many with two-way gas fireplaces. Building amenities include controlled access, assigned garage parking, EV charging, and an elevated rooftop lounge with panoramic city views, providing a best-in-class living environment that attracts high-quality tenants. The current financing can be assumed a $4.9 MM principal at a 4.12% interest rate, interest only until 5/1/2027; contact agents for additional details. The property sits steps from Los Angeles' most iconic cultural destinations including LACMA, The Petersen Automotive Museum, The Academy Museum, and the La Brea Tar Pits and is minutes from The Grove, The Original Farmers Market, and the dining and retail corridors along Wilshire and Fairfax. The property's central location provides exceptional connectivity to major employment hubs such as Beverly Hills, Century City, Culver City, West Hollywood, and Downtown LA. The upcoming Wilshire/Fairfax Metro D Line Station scheduled to open soon will further enhance resident mobility. With oversized luxury units, modern amenities, strong in-place cash flow, and outstanding Miracle Mile location, 738 S. Ogden Drive represents a rare opportunity to acquire a high-quality newer construction asset with long-term appreciation potential.
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FeaturesGeneralLiving Area 16860
Heating None
Cooling None
Zoning LAR3
Year Built 2015
Levels Three Or More
Gross Income 669603
County Los Angeles
Net Operating Income 433353
New Construction false
Property Type Residential Income
HOA false
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Just south of Wilshire Blvd
City Los Angeles
Senior Community Y/N false
Number Of Units Total 12
MLS Area C19 - Beverly Center-Miracle Mile
Lot Size Units Square Feet
Lot Size Square Feet 9567
Standard Status Active
Cap Rate 5.25
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InteriorTotal Stories 3
Air Conditioning Y/N false
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 24
Total Baths 24
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ExteriorParking Features Garage Gated Tandem
Total Parking 26
Lot Size Area 9567
Number of Buildings 1
Building Area Total 16860
Lot Size Acres 0.2196
Lot Size Source Assessor
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* Excluded FeaturesList Byneema@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
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Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,904,395
Percent of Sale Price 77%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/4/2025 | $8,250,000 | | Listed Price |