1154 N Ogden Dr, West Hollywood, California, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : 3,208 ft² / 298 m²
Land Size : N/A
Bedroom : 7
Bathroom : 0
Half Bathroom : 0
MLS#: 26876391
Property Description
Located in the heart of West Hollywood, this 3-unit property is a standout opportunity for investors seeking income and long-term upside as well as owner users looking to live in a home which could also pay for itself. At the front of the property is a beautifully renovated 3-bedroom, 2-bathroom single family residence updated within the past year. It is complemented by a rear building of two identical 2-bedroom, 2-bathroom units, each with access to covered carport parking at the end of the private driveway. All three units are currently leased, providing reliable and consistent income from day one with a current cap rate of about 5%. With market value rents, this property projects a cap rate of about 6.7%. Ideally positioned near Santa Monica Blvd, this is a rare chance to own an income-producing asset with meaningful room to grow, just minutes from the shops and dining West Hollywood has to offer.
More
1154 N Ogden Dr, United States,California,West Hollywood is a 3,208ft² West Hollywood luxury Multi-Family Home listed for sale 1,995,000 USD. This high end West Hollywood Multi-Family Home is comprised of 7 bedrooms and 0 baths. Find more luxury properties in West Hollywood or search for luxury properties for sale in West Hollywood.