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$1,500,000
New Listing

1848 S Ogden Drive
Los Angeles, CA 90019

For Sale|Residential Income|Active
4
Beds
4
Total Baths
3,443
SqFt
$436
/SqFt
1955
Built
County:
Los Angeles
Listed by Dennis Maynard of LPT Realty, Inc [email protected]

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1848 S Ogden Drive1848 S Ogden Drive1848 S Ogden Drive1848 S Ogden Drive
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Prime Mid-City redevelopment, value-add, and commercial retail opportunity on an approximately 10,628 square foot lot zoned C2-1VL-CPIO and located within a Transit Oriented Communities Tier 3 area near the La Cienega/Jefferson Metro E Line station with convenient access to Culver City and Downtown Los Angeles. This site offers flexible paths for investors seeking a flip, densification upside, or mixed-use project. Current improvements consist of a four-unit building generating income with two units delivered vacant. The current rent roll includes a studio rented at 940 dollars per month, a one-bedroom rented at 1,025 dollars per month, one vacant one-bedroom, and one vacant two-bedroom. The vacant units provide immediate upside through renovations and lease-up while the property continues to produce cash flow. The C2 zoning supports commercial retail or mixed-use development, while the TOC Tier 3 designation offers significant potential for increased residential density, higher floor area ratio, additional height, and reduced parking requirements for qualifying projects. Strong location and zoning create multiple exit strategies for value-add or longer-term redevelopment plays. Drive-by only. Do not go on the property. Do not disturb tenants under any circumstances. Tenants are completely unaware of the sale. No interior or exterior access is permitted without prior written approval from the listing agent. Any unauthorized contact with occupants or entry onto the property will be reported. Buyer and buyer agent to independently verify all zoning, TOC eligibility, development potential, rents, unit mix, lot size, and applicable regulations. Full package available upon request.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
3,443 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2444 Acres
Year Built 
1955
MLS® Number 
26870113
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 hours agoListing updated with changes from the MLS®
11 hours agoListing first seen on site
General Features
Acres 
0.2444
Disclosures 
RentControl
Levels 
One
Parking 
None
Special Circumstances 
Standard
SqFt Total 
3443
Zoning 
LAC2
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Community Features
MLS Area 
C16 - Mid Los Angeles


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
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