1140 N Ogden Dr - Apartments FOR SALE


Los Angeles, CA 90046
$4,600,000 USD
310-968-5303
1140 N Ogden Dr, Los Angeles, CA for Sale
$4,600,000 USD
Apartments - FOR SALE
1/34
null | 6.17% Cap Rate

1140 N Ogden Dr
Los Angeles, CA 90046


HIGHLIGHTS

  • True in-place cap rate of 6.17%!
  • Excellent unit mix with large floorplans
  • Fantastic location near entertainment and amenities
  • Select highly upgraded units
  • Secured off-street parking

OVERVIEW

***MAY BE PURCHASED INDIVIDUALLY OR AS PART OF A PORTFOLIO WITH 2921 ARIZONA & 8220 NORTON*** Jonathan Taksa and Rob Renshaw of RE/MAX Commercial & Investment Realty are pleased to present this highly upgraded 10-unit apartment building located at 1140 N Ogden Drive in the heart of West Hollywood. Built in 1963 and meticulously improved in recent years, the property features an excellent unit mix of four spacious 2-bedroom, 2-bath units and six well-designed 1-bedroom, 1-bath units—ideal for attracting a diverse tenant base in one of Los Angeles’ most vibrant and sought-after rental markets. This pride-of-ownership asset has benefited from significant recent capital improvements, including structural enhancements, plumbing upgrades, fresh exterior paint, professionally landscaped grounds, and thoughtful interior renovations across various units. Each apartment offers modern comforts such as efficient appliances—including dishwashers, microwaves, and refrigerators—in-unit laundry, large closets, and window coverings, providing residents with a turnkey living experience. Covered carport parking adds convenience and appeal, while the well-balanced unit mix supports long-term rent growth and stable occupancy. Located just minutes from the Sunset Strip, Melrose Avenue, and Santa Monica Boulevard, the property enjoys proximity to high-end retail, dining, entertainment, and employment hubs. With strong in-place fundamentals, recent upgrades, and a premier West Hollywood location, this offering represents a rare opportunity to acquire a high-quality multifamily asset with minimal deferred maintenance and lasting value.

FOR SALE DETAILS

PRICE

$4,600,000 USD

PRICE/SF

$495 USD /SF

# OF UNITS

10

PRICE/UNIT

$460,000

CAP RATE

6.17%

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6.17 CAP, 10-UNITS, HIGHLY UPGRADED

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,553 SF

ZONING

WDR3C*

APN/PARCEL ID

5530-003-016

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.