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.
1046 N Ogden Dr
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
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
