401 N Ogden Dr

Offering Highlights

  • Offer Price:

    $3,375,000

  • Price/SF:

    $421,875

  • Price/Unit:

    $486.87

  • Units:

    8

  • Cap Rate:

    3.49%

  • GRM:

    17.85

  • Status:

    Active

Property Overview:

The Liberow Group of Marcus and Millichap is pleased to present 401 N Ogden Drive, a two-story apartment building located in the desirable neighborhood of Miracle Mile, just North of Beverly Blvd.

Situated on a 6,986 SF lot, the property offers 6,932 rentable SF. The current unit mix consists of eight (8) one-bedroom/one-bathroom units. 401 N Ogden Drive has been under the same ownership for many years, offering investors the perfect opportunity to purchase an investment property with huge upside potential, which could be achieved through interior and exterior renovations.

The property is within close-proximity to The Grove and Pan Pacific Park, giving residents convenient access to an array of popular shopping and dining venues.

Exclusively listed by:

Sam Liberow
Senior Vice President Investments
Direct: 818-212-2795
Cell: 718-406-3128
SLIBEROW@MARCUSMILLICHAP.COM

CA: 01933858

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