825 N. Ogden Drive
Los Angeles, CA 90046
Marcus & Millichap is pleased to present 823 - 825 N Ogden
Drive, Los Angeles, CA 90046.
The property consists of a duplex on the 6,498 SF lot, and is located in the well-established submarket of Los Angeles known as The Melrose District which neighbors Fairfax, West Hollywood, and Beverly Grove.
Melrose is one of the most desirable neighborhoods in Los Angeles and attracts Hollywood elite, tourists, shoppers, and foodies alike. Behind the busy shopping district are streets of modest, attractive bungalows mostly built in the early 1920s many of which are being torn-down, remodeled or restored to their original glory. Great walkability is a hallmark of The Melrose District. With a Walk Score of 96, the property is a short walk to Melrose Ave, Fairfax Ave, and Santa Monica Blvd.
823 - 825 N Ogden Drive features (2) one-bedroom / one-bath units, within 1,872 gross sqft on a 0.15-acre lot. Ownership has renovated the bathrooms with new flooring, built-in shelves, new faucets and mirrors. Landlord pays for the water utilities.
This is a great opportunity for an investor interested in purchasing the property as an investment, or for land value and potential construction of a single family home or duplex/townhomes for the luxury market.
Building Size: 2,388 SF
Lot Size: 6,498 SF
Number of Units: 2
Year Built: 1923
Well Maintained & Updated Property
Excellent Walk Score of 96
Development Opportunity for Single Family Home or Duplex
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