904 904-906 Ogden Drive, West Hollywood
West Hollywood Home Sale
This unique property, hitting the market for the first time in over 50 years, presents a rare and exclusive opportunity for ownership. The prospect of acquiring a property that has remained off the market for more than five decades adds a distinctive allure to this investment. Offering a blank canvas for potential buyers, all three units of 904-906 N Ogden Dr will be delivered fully vacant. The property features an appealing unit mix, including one one-bedroom/one-bathroom unit and two three-bedroom/two-and-a-half-bathroom units. The front building is a side-by-side three-bedroom/two-and-a-half-bathroom townhouse, while the back unit is a one-bedroom/one-bathroom private home that may have the potential for conversion to a two or three-bedroom unit, subject to buyer verification. Anticipating a return on cost of approximately 6.04% post-renovations, this property in the vibrant West Hollywood area stands out with its above-market return potential. Savvy investors can also explore adding in ADUs easily since they wouldn't be inconveniencing any existing tenants, allowing them to move and build around the property unobstructed. The prime location, excellent walkability, and strong demographics further contribute to the overall appeal and investment potential of this property.
Property Details
Additional Information
-
- City:
- West Hollywood
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- County:
- Los Angeles
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- Zip:
- 90046
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- MLS® #:
- 24362253
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- Bedrooms:
- 7
-
- Bathrooms:
- 5
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- Square Ft:
- 4,534
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- Lot Size:
- 0.15
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 904 904-906 Ogden Drive, West Hollywood, (MLS® #24362253)
| Date | Details | Price | Change |
|---|---|---|---|
| Closed | – | – | |
| Pending (from Active) | – | – | |
| Price Reduced | $1,700,000 | $295,000 (14.79%) | |
| Price Reduced (from $2,200,000) | $1,995,000 | $205,000 (9.32%) |
Based on information from California Regional Multiple Listing Service, Inc. as of May 11th, 2024 at 12:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.