1342 S Ogden Drive
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1938
- Living area
- 5,187 sq ft
- Lot size
- 7,325 sq ft
- Parking
- 6 spaces
- Stories
- 2
- Days on market
- 14
- MLS status
- Active
- Zoning
- LARD1.5
Features & Amenities
Appliances
- Refrigerator
- Dryer
- Washer
Parking
- Driveway
Location & Neighborhood
Frequently Asked Questions About 1342 S Ogden Drive
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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