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1058 S Ogden Dr, Los Angeles, CA 90019
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1058 S Ogden Dr Los Angeles, CA 90019

$2,572,500 Sold Price as of 01/31/2022
  • 6 Beds
  • 5 Baths
  • 5,225 Sq.Ft.
Sold
$2,572,500 Sold Price as of 01/31/2022 Refinance Your Mortgage
Map preview of 1058 S Ogden Dr, Los Angeles, CA 90019

Property Overview: 1058 S Ogden Dr Los Angeles, CA has 6 bedrooms, 5 bathrooms, 5,225 living square feet and 7,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: I am pleased to present the opportunity to acquire 1058 South Ogden Drive, a five-unit turnkey apartment community in Carthay Square. 1058 South Ogden Drive is situated just south of Olympic within the Mid-City submarket in a highly desirable pocket of Los Angeles. The well-maintained property built in 1937 consists of four large one-bedroom units and one townhome styled two-bedroom unit. Its 7,724 square foot lot is located within an extremely sought-after area of Mid-City Los Angeles. Current ownership has extensively renovated the property including adding a new roof, new furnaces, stainless steel appliances, original hardwood floors, new cabinetry, tiled bathrooms & much more. It is surrounded by retail and located within minutes of the Grove providing convenient access to daily errands, retail and entertainment venues. The property features six on-site parking spots (five covered & one uncovered).The prime location of the asset along with the outstanding property condition & strong in place income makes 1058 South Ogden Drive an excellent acquisition opportunity.

Listed by Sean Rosenzweig | BRE #01406343 | Marcus & Millichap
Last checked: 47 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 48

Home details

Lot Sq. Ft
7,724
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21106809
City
Los Angeles
County
Los Angeles
Time on Site
912 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,300
  • Total Rent: $3,300
  • Pro Forma/Market Rent: $3,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,855
  • Total Rent: $1,855
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,636
  • Total Rent: $1,636
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,232
  • Total Rent: $2,232
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.01
  • Gross Scheduled Income: --
  • Net Operating Income: $84,414
  • Gross Operating Income: $132,382
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1058 S Ogden Dr

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Uncovered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 5086018008
Location / Neighborhood
Location Information
  • Directions: 1058 South Ogden Drive is situated just south of Olympic within the Mid-City submarket in a highly desirable pocket of Los Angeles.
View more facts & features

Local Los Angeles Agent

Sale History for 1058 S Ogden Dr

Last sold for $2,572,500 on January 31st, 2022

  • January, 2022

  • Jan 31, 2022

    Date

    Sold

    CRMLS: 21106809

    $2,572,500

    Price

  • Nov 19, 2021

    Date

    Active

    CRMLS: 21106809

    $2,595,000

    Price

  • July, 2014

  • Jul 9, 2014

    Date

    Sold (Public Records)

    Public Records

    $1,575,015

    Price

  • September, 2001

  • Sep 25, 2001

    Date

    Sold (Public Records)

    Public Records

    $657,000

    Price

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Tax History for 1058 S Ogden Dr

Assessed Value (2020): $1,730,826
Year Land Value Improved Value Assessed Value
2020 $1,291,251 $439,575 $1,730,826

Home Value Compared to the Market

This property vs the competition

1058 S Ogden Dr sold on January 31, 2022 for 118.07% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $496.65 per/sqft which puts the price per square foot 34.22% lower than the current median sale per square foot for the city of Los Angeles.

About 1058 S Ogden Dr

Detailed summary of property

1058 S Ogden Dr is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 5,225 living square feet, and sits on an approximately 7,724 square foot lot. 1058 S Ogden Dr was first listed on ArdentRealEstateGroup.com on November 19, 2021. The homeowner sold the property for $2,572,500. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 118.07% higher than the current median priced home. Local homes that are currently for sale include 1526 S Wooster St, 1170 S Robertson Blvd and 358 N Ogden Dr. While the average home in Los Angeles, CA is selling in 92 days, 1058 S Ogden Dr has a days on market of 48 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1058 S Ogden Dr Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1058 S Ogden Dr

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
5,225
Lot Size
7,723
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
86
APN
5086-018-008

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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. 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, 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.

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