
Los Angeles, California 90036
This Spanish-style Quadruplex Asset is listed at $2,090,000, representing a stabilized income opportunity in the high-demand Beverly Center-Miracle Mile submarket. Boasting a Condition Rating of 3, the property features four rare 2-bedroom, 2-bathroom units with modernized electrical and plumbing systems. Residents enjoy a 91 Walk Score near The Grove and access to Top-Rated Schools like Third Street Elementary and Fairfax Senior High. Although positioned above the $1,799,262 Fair Market Value, the asset's premium unit mix and prime location ensure competitive rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Property is move-in ready.
While built in 1927, the property is well-maintained with significant system upgrades including updated electrical panels and copper plumbing. The exterior stucco and grounds appear in good condition, and the description of 'modern amenities' and 'updated' units suggests a renovation history within the 5-15 year range, making it functional and move-in ready.
With a Walk Score of 91, this property is ideally situated near The Grove and Pan Pacific Park, offering tenants unparalleled access to premier shopping and dining in a high-demand submarket.
The rare four-plex layout featuring four spacious 2-bedroom, 2-bathroom units provides a highly competitive edge in the rental market, as vintage buildings often lack a second bathroom.
Significant updates to the electrical systems and copper plumbing reduce immediate capital expenditure requirements and mitigate the maintenance risks typically associated with 1920s-era structures.
As a fully occupied multi-family property in Los Angeles, it is subject to Rent Stabilization Ordinance (RSO) regulations, which may restrict the ability to quickly align rents with current market rates.
Despite key system updates, the 1927 construction may require ongoing specialized maintenance and potential future seismic retrofitting to comply with evolving municipal safety codes.
Just a pleasant walk from The Grove and Pan Pacific Park, discover 357 N Ogden, a maintained Spanish-style four-plex built in 1927. This charming property features four spacious 2-bedroom, 2-bath units, each offering welcoming living spaces that span approximately 1,100 square feet. Updated with electrical and copper plumbing, these units boast modern amenities while preserving their classic character. Enjoy features like crown molding, ample closet space, and inviting master bedrooms that add sophistication and comfort. With a Walk Score of 91, residents benefit from unparalleled access to premier shopping, dining, and entertainment in the vibrant Beverly Center/Miracle Mile neighborhood. This fully occupied property offers strong rental income potential and long-term value in a high-demand market. Don't miss the opportunity to invest in this exceptional property, where charm meets modern living!
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.5 mi
Grades K-6 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,376 | 5,209.5 | 50% |
| Lot Size | 6,003 | 7,389.5 | 50% |
| Price | $2.09M | $2.15M | 50% |
| Price per sq ft | $478 | $421 | 50% |
| Built year | 1927 | 1927 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 106 | 50% |
Apr 24, 2026
$2,090,000
Initial Listing
Jun 23, 2011
$1,120,000
Public Record
May 6, 1997
$69,000
Public Record