$2,325,000

Estimated payment $15,134/month

Total Views 251
8 Beds
4 Baths
5,486 Sq Ft
$424 Price per Sq Ft

About This Home

Excellent investment opportunity in the heart of Los Angeles' Fairfax District. 358 N Ogden Drive is a well-maintained 4-unit multifamily property featuring four spacious 3-bedroom, 1-bathroom units. Built in 1927, the building offers timeless charm with original architectural details, hardwood floors, high ceilings, and abundant natural light throughout. Each unit includes in-unit laundry and separate gas and electric meters. The property sits on a 6,551 SF lot with 5,486 SF of total building area, offering stable rental income and long-term upside potential. Zoned R3, buyers may explore future development opportunities (buyer to verify). Located just moments from The Grove, Farmers Market, Melrose Avenue, and major transit lines. A great opportunity for investors seeking income-producing assets in a strong rental market.

Listing Agent

Karl Markarian

Exp Commercial of California, Inc. License #01932970 Listed on: 07/10/2025

Exp Commercial of California, Inc.

Co-Listing Agent

Bobby Spears Jr.

Exp Commercial of California, Inc. License #02020372

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,074

Year Built

  • Built in 1927

Lot Details

  • 6,377 Sq Ft Lot

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 5,486 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5527-039-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,074

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 5486
  • Lot Acreage: 0.1464
  • Year Built: 1927
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 423.81

Exterior Features

  • Other Structures: None
  • View: No

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Forced Air
  • Sewer: In Street
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 660000
  • Assessed Land Percent: 70
  • Assessed Land Value: 1540000
  • Total Assessed Value: 2200000
  • Assessor Parcel Number: 5527-039-027
  • Lot Description: 2-4 Lots
  • Lot Size Area: 6377

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 60877
  • Type Of Units: 4
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $27,074 $2,200,000 $1,540,000 $660,000
2023 $30,461 $2,482,574 $1,968,562 $514,012
2022 $2,296 $145,724 $69,514 $76,210
2021 $2,232 $142,867 $68,151 $74,716
2020 $2,242 $141,403 $67,453 $73,950
2019 $2,175 $138,631 $66,131 $72,500
2018 $2,033 $135,914 $64,835 $71,079
2016 $1,882 $130,638 $62,318 $68,320
2015 $1,859 $128,676 $61,382 $67,294
2014 $1,878 $126,156 $60,180 $65,976
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $2,325,000 -- $424 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $865,000 New Conventional
Source: Public Records

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Source: The MLS

MLS Number: 25563405

The MLS

APN: 5527-039-027