1342 S Ogden Drive

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-unit front building plus two newly constructed ADUs in the rear. Five of the six units can be delivered vacant upon close of escrow. All units were rebuilt with new finishes, giving a new owner the ability to command top-of-market rents from day one with zero deferred maintenance. Each unit features an in-unit washer and dryer, new air-conditioning units, kitchen appliances, and other amenities that command high rental rates. The electrical, plumbing, and HVAC systems are new. Because of the ADU configuration, this six-unit property qualifies for residential financing, allowing a buyer to leverage a substantially lower down payment than traditional commercial multifamily loans. Co-listed with Elad Cohen and Shaya Lowenstein.