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Multifamily

1046 N Ogden Dr

1046 N Ogden Dr, West Hollywood, CA 90046

Listing Price: $3,795,000

Cap Rate
3.47%
Number of Units
10
GRM
16.58
Price/Unit
$379,500
Price/Gross SF
$439.44
Gross SF
8,636

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1046 North Ogden Drive, a ten-unit multifamily apartment building located in the highly desirable 90046 zip code of West Hollywood, CA.

Investment Highlights

  • 1st Time on the Market in Over 37 Years!
  • Buyer Can Assume Existing Loan at 3.94% Fixed Until February 2027! February 2027 Adjust, Have to Rebalance at Current Rate (1.2X Coverage)
  • Great Unit Mix Composed of One Bedroom & Two Bedroom Units!
  • Property Offers Gated Parking and Laundry Facilities for Residents!
  • Approximately 36% Upside in Rents!
  • Walkscore.com Rates 1046 N. Ogden Drive a Walker's Paradise: Daily Errands do not Require a Car!

Exclusively Listed By

Financing By

Multifamily

1046 N Ogden Dr

Listing Price: $3,795,000

Cap Rate
3.47%
Number of Units
10
GRM
16.58
Price/Unit
$379,500
Price/Gross SF
$439.44
Gross SF
8,636

Investment Highlights

  • 1st Time on the Market in Over 37 Years!
  • Buyer Can Assume Existing Loan at 3.94% Fixed Until February 2027! February 2027 Adjust, Have to Rebalance at Current Rate (1.2X Coverage)
  • Great Unit Mix Composed of One Bedroom & Two Bedroom Units!
  • Property Offers Gated Parking and Laundry Facilities for Residents!
  • Approximately 36% Upside in Rents!
  • Walkscore.com Rates 1046 N. Ogden Drive a Walker's Paradise: Daily Errands do not Require a Car!

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire 1046 North Ogden Drive, a ten-unit multifamily apartment building located in the highly desirable 90046 zip code of West Hollywood, CA.

Exclusively Listed By

Financing By

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