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$ 8,250,000
Est. payment | /mo
24 Beds
24 Baths
16,860 SqFt
$ 8,250,000
Est. payment | /mo
24 Beds
24 Baths
16,860 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 16,860 sqft
Price per Sqft $489
MLS Listing ID 25625637
Bedrooms 24
HOA Y/N No
Year Built 2015
Property Description
We are pleased to present 738 S. Ogden Drive, a luxury 12-unit multifamily offering located in the highly coveted Miracle Mile neighborhood just south of Wilshire Blvd and east of Fairfax Ave. Built in 2015, the property represents a rare turnkey, newer construction asset in an A+ Los Angeles location surrounded by premier retail amenities. The property features twelve large two-bedroom, two-bathroom condo-style units, ranging from 1,185 to 1,340 SF, significantly larger than typical area floorplans. Residences offer floor-to-ceiling windows, 10-foot ceilings, designer kitchens with quartz countertops, stainless-steel appliance packages, tiled backsplashes, in-unit washer/dryers, walk-in closets, and expansive private balconies, many with two-way gas fireplaces. Building amenities include controlled access, assigned garage parking, EV charging, and an elevated rooftop lounge with panoramic city views, providing a best-in-class living environment that attracts high-quality tenants. The current financing can be assumed a $4.9 MM principal at a 4.12% interest rate, interest only until 5/1/2027; contact agents for additional details. The property sits steps from Los Angeles' most iconic cultural destinations including LACMA, The Petersen Automotive Museum, The Academy Museum, and the La Brea Tar Pits and is minutes from The Grove, The Original Farmers Market, and the dining and retail corridors along Wilshire and Fairfax. The property's central location provides exceptional connectivity to major employment hubs such as Beverly Hills, Century City, Culver City, West Hollywood, and Downtown LA. The upcoming Wilshire/Fairfax Metro D Line Station scheduled to open soon will further enhance resident mobility. With oversized luxury units, modern amenities, strong in-place cash flow, and outstanding Miracle Mile location, 738 S. Ogden Drive represents a rare opportunity to acquire a high-quality newer construction asset with long-term appreciation potential.
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Zoning LAR3
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Garage, Gated, Tandem
Total Parking Spaces 26
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5086021058
Special Listing Condition Standard
Listed by Neema Ahadian Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "