1342 S Ogden Drive, Los Angeles, CA 90019
List Price: $2.99M
Listing Status: Active
0Days on Market: 1
9 Bedrooms · 6 Bathrooms · 5,187 sq ft
Property Type: ResidentialIncome
Year Built: 1938
Lot Size: 7,325 sq ft
MLS Number: 26989237
About This Property
Presenting a rare chance to acquire a turn-key, income producing asset in one of Los Angeles' most coveted and rapidly appreciating neighborhoods. This contemporary style property offers six total units. A four front unit building plus two newly constructed ADUs in the rear. 5 of the 6 units can be delivered vacant upon close of escrow! All units were rebuilt with all new finishes, giving a new owner the ability to command top of market rents from day one with zero deferred maintenance. Each unit features in unit washer/dryer, brand new AC units, kitchen appliances and other amenities that command high rental rates. Additionally, all electrical, plumbing and HVAC systems are brand new. The two rear ADUs are newly constructed, both with in-unit washer/dryer, brand new AC units, kitchen appliances and other amenities. Because of the ADU configuration, this 6 unit property qualifies for residential financing, allowing a buyer to leverage a substantially lower down payment compared to traditional commercial multifamily loans.
Listing provided by: Shaya Lowenstein DRE #01942326 310-425-9838 info@shayarealestate.com, Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS, MLS #: 26989237
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.
