358 N Ogden Dr - Apartments FOR SALE


Los Angeles, CA 90036- Hancock Park
$1,750,000 USD
310-666-5837
358 N Ogden Dr, Los Angeles, CA for Sale
$1,750,000 USD
Apartments - FOR SALE
1/21
null | 4.49% Cap Rate

358 N Ogden Dr
Los Angeles, CA 90036
Hancock Park


OVERVIEW

Michael Kamara of Lyon Stahl is pleased to present 358 N Ogden Dr, a charming four-unit apartment building located in the highly desirable Fairfax District of Los Angeles. Built in 1927, the property features (2) two-bedroom + one-bathroom units and (2) three-bedroom + one-bathroom units, totaling 5,486 square feet on a 6,375-square-foot lot. Situated in the heart of the vibrant Fairfax District, 358 N Ogden Dr offers residents the perfect blend of historic character and central city convenience. The neighborhood is celebrated for its tree-lined streets, classic architecture, and culturally rich, energetic atmosphere, all just minutes from some of Los Angeles’ most iconic destinations. Residents benefit from easy access to Beverly Hills, Miracle Mile, and Mid-City, along with the shops, restaurants, and cultural institutions that define the Fairfax District. With its walkable location, strong connectivity, and timeless architectural appeal, the property stands out as a highly desirable rental opportunity in one of Los Angeles’ most dynamic neighborhoods. 358 N Ogden Dr also presents a compelling value-add investment opportunity, offering both an exceptional location and notable rental upside. The property currently delivers an initial CAP rate of 4.49%, with the potential to reach a 6.65% CAP rate upon unit turnover.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$319 USD /SF

# OF UNITS

4

PRICE/UNIT

$437,500

CAP RATE

4.49%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,264 SF

ZONING

RD1.5-1-O

APN/PARCEL ID

5527-039-027

ASK ABOUT THIS PROPERTY

Michael KamaraLyon Stahl Investment Real EstateMore Info
310-666-5837

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Michael KamaraLyon Stahl Investment Real EstateMore Info
310-666-5837

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