1000 North Ogden Drive

West Hollywood, CA 90046

$2,475,000
Last Sold Price
8
Beds
8
Baths
6,934 Sq. Ft.
$357 / Sq. Ft.
6,934
Sq. Ft.
$357
per Sq. Ft.

Description

1000 N Ogden Drive is a charming 8-unit apartment building located in West Hollywood, which is one of the densest and most affluent small cities in California. The building was constructed in 1927 and offers a unit mix of all one-bedroom/one-bathroom apartments. The property, with 6,934 rentable square feet, features some on-site parking. 1000 N Ogden presents an opportunity for an investor to acquire an asset located in one of the most desirable parts of Los Angeles, with an opportunity to increase...1000 N Ogden Drive is a charming 8-unit apartment building located in West Hollywood, which is one of the densest and most affluent small cities in California. The building was constructed in 1927 and offers a unit mix of all one-bedroom/one-bathroom apartments. The property, with 6,934 rentable square feet, features some on-site parking. 1000 N Ogden presents an opportunity for an investor to acquire an asset located in one of the most desirable parts of Los Angeles, with an opportunity to increase rents by approximately 25%.
  1. Listed by Saadia 'Sam' Liberow • DRE #01933858 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1000 North Ogden Drive

Water Front
None
Zoning
WDR3C*
Parcel Number
5530014017
Total Units
8.0
Living Area
6934
Source Living Area
Assessor
Area
West Hollywood Vicinity (C10)
Vacancy Rate
0

Location

Listing Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858

Sold By One Agency Real Estate Corp., Aida Behmanesh, DRE #01833697

Add your commute
LISTING UPDATED: 10/22/2020 09:41 AM

Property Details for 1000 North Ogden Drive

StatusSold
MLS #20-596230
Days on Market106
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1927
Lot Size0.15 AC / 6,540 SF
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858

Sold By One Agency Real Estate Corp., Aida Behmanesh, DRE #01833697

Add your commute

Building Information for 1000 North Ogden Drive

Stories2Residences-Year Built1927Building Size-Lot Size0.15 AC / 6,540 SF

Payment Calculator

$16,258 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,507

Property Taxes

$2,751

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1000 North Ogden Drive

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartments
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Direction Faces: West
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $146,536
  • Net Operating Income: $88,483.00
  • Gross Income: $151,068
  • Cap Rate: 3.47%
  • Gross Rent Multiplier: $16.88
  • Owner Pays: Water
  • Total Annual Expense: 58053
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1502
  • Lot Size Square Feet: 6540
Parking Details
Parking Details
  • Parking Garage: Side By Side
  • Total Parking: 4
  • Parking Features: Side by Side
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
  • Laundry: Laundry Area
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat
  • Entry Location: Ground Level w/steps
  • Construction Materials: Wood Siding
  • Exterior Construction: Wood Siding
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-26-2020
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $703.00
  • Unit Actual Rent: $703.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,329.00
  • Unit Actual Rent: $1,329.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,875.00
  • Unit Actual Rent: $1,875.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,707.00
  • Unit Actual Rent: $1,707.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,621.00
  • Unit Actual Rent: $1,621.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,791.00
  • Unit Actual Rent: $1,791.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,669.00
  • Unit Actual Rent: $1,669.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,895.00
  • Unit Actual Rent: $1,895.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $102,221.00
  • Assessed Improvement Percent: 61.98
  • Assessed Land Value: $62,713.00
  • Assessed Land Percent: 38.02
  • Assessed Total Value: $164,934.00

Property History for 1000 North Ogden Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1000 North Ogden Drive

Taxable ValueLand$2,054,790Additions$520,200Total$2,574,990
Tax Record2023$33,015 ($2,751 / month)
Home Facts
Total Finished SqFt6,934 SqFtAbove Grade Finished SqFt6,934 SqFtLot Size6,541 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningWDR3C*CountyLOS ANGELESAPN5530-014-017

Schools near 1000 North Ogden Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 9 to 12
Rating
School
Distance
Laurel Elementary School
PublicK to 8

Fairfax Senior High School
Public9 to 12

West Hollywood Opportunity School
Public7 to 12

Whitman Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Saadia 'Sam' Liberow, DRE #01933858

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.