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738 S Ogden Dr 12 Unit Apartment Building $12,068,480 CAD ($1,005,707 CAD/Unit) 4.52% Cap Rate Los Angeles, CA 90036

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INVESTMENT HIGHLIGHTS

  • Premier Miracle Mile Location
  • Location, Location, Location
  • All units have High-End Interior Finishes and Design
  • 100% leased / Aggressively priced
  • 1/2 block from the upcoming Wilshire/Fairfax Metro Station
  • Rare Newer Construction Offering Delivered in 2015

EXECUTIVE SUMMARY

Positioned in the heart of Miracle Mile, one of Los Angeles’ most vibrant and culturally rich neighborhoods, the property is just steps from LACMA, the Petersen Automotive Museum, and a wide variety of restaurants, shops, and cafés along Wilshire Boulevard and Fairfax Avenue. Residents also enjoy close proximity to The Grove and quick access to major employment centers including Downtown LA, Century City, Beverly Hills, West Hollywood, and Koreatown.
Property is 100% leased. All twelve units are spacious two-bedroom, two-bathroom residences averaging 1,239 SF, thoughtfully designed with floor-to-ceiling windows, 10-
foot ceilings, central HVAC, in-unit laundry, and private balconies. Select units include walk-in closets, skylights, and dual-sided gas fireplaces. Kitchens are finished with quartz countertops, tile backsplashes, double sinks, and stainless-steel appliances, while bathrooms feature subway tile and glassed-enclosed tubs and showers.

PROPERTY FACTS

Price $12,068,480 CAD
Price Per Unit $1,005,707 CAD
Sale Type Investment
Cap Rate 4.52%
Gross Rent Multiplier 13.4
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.22 AC
Building Size 16,860 SF
Average Occupancy 100%
No. Stories 4
Year Built 2015
Parking Ratio 1.54/1,000 SF
Zoning R3 - Restricted Density Multiple Dwelling

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Kitchen
  • Refrigerator
  • Oven
  • Den
  • Family Room
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Fenced Lot
  • Laundry Facilities
  • Security System
  • Disposal Chutes
  • Wheelchair Accessible
  • Recycling
  • Storage Space
  • Bicycle Storage
  • Car Charging Station
  • Elevator
  • Sundeck
  • Public Transportation
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 12 $6,278 CAD 1,185 - 1,215
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5086-021-058
Land Assessment
$9,117,188 CAD
Improvements Assessment
$6,023,855 CAD
Total Assessment
$15,141,043 CAD
  • Listing ID: 38659514

  • Date on Market: 2025-06-10

  • Last Updated:

  • Address: 738 S Ogden Dr, Los Angeles, CA 90036

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