1557 S Ogden Dr - Apartments FOR SALE


Los Angeles, CA 90019- Mid-City
$4,895,000 USD
818-859-7242
1557 S Ogden Dr, Los Angeles, CA for Sale
$4,895,000 USD
Apartments - FOR SALE
1/45
null | 6.15% Cap Rate

1557 S Ogden Dr
Los Angeles, CA 90019
Mid-City


HIGHLIGHTS

  • NO RENT CONTROL!
  • Outstanding projected cap rate of 6.15%! Cash cow.
  • MASSIVE units with premium floorplans.
  • Diverse unit mix of two 4 bedrooms, two 3 bedrooms and one 1 bedroom. High income producing property!
  • All units separately metered for electric AND water (no gas on property)! Very low expenses!
  • Stunning 360-degree rooftop decks with awe-inspiring views.

OVERVIEW

The 5+ Unit Specialists are pleased to present 1557 S Ogden Drive, a brand-new, NON-RENT-CONTROLLED 2025 five-unit luxury community located just blocks from Pico-Robertson and minutes to Beverly Hills, Fairfax, and Culver City—some of LA’s most desirable neighborhoods. This standout investment opportunity offers investors a projected 6.15% cap rate and ultra-low operating costs with all utilities separately metered. Set on a tree-lined residential street with excellent curb appeal, 1557 S Ogden features a diverse mix of five spacious units: two 4-bed/4-bath plus massive rooftop decks, two 3-bed/3-bath, and one 2-bed/1-bath ADU. Each unit offers massive, renter-friendly floorplans and premium finishes throughout. Tenants will enjoy private in-unit laundry, custom cabinetry, luxury flooring, and stunning 360-degree rooftop decks with sweeping city views. Built with long-term performance in mind, the property is fully electric—no gas—with each unit separately metered for water and power, plus six onsite parking spaces and drought-tolerant landscaping for minimal upkeep. With SB-8 limiting future new construction, properties like this are becoming increasingly rare. 1557 S Ogden is a high-performing, low-maintenance asset that checks every box for the modern investor: prime central location, luxury design, no rent control, and outstanding income potential from day one. Don’t miss your chance to secure a premier turnkey property in one of LA’s most centrally connected rental markets.

FOR SALE DETAILS

PRICE

$4,895,000 USD

PRICE/SF

$554 USD /SF

# OF UNITS

5

PRICE/UNIT

$979,000

CAP RATE

6.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Luxury Brand New 5-Unit Construction

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,892 SF

ZONING

LAR2

APN/PARCEL ID

5068-026-009

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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