715 N Ogden Drive, Los Angeles, California 90046, Los Angeles, 90046 - 2 bed, 1 bath
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715 N Ogden Drive
Los Angeles, California 90046
ACTIVE
CONDITION: POOR
2Beds
1Baths
978Sq Ft
5,287Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,139,613
3% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well below the $1,139,613 Fair Market Value by 3%. This valuation gap offers $39,613 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires a comprehensive renovation to modernize its 1923 footprint. With its prime North Ogden Drive location and significant development potential on a 5,287-square-foot lot, this is an ideal acquisition for Fix-and-Flip Investors or Developers seeking a value-add project.
Estimated Market Value
$1,139,613+$39,613 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 715 N Ogden Drive Subject | $1,100,000* List Price | 2 | 1 | 978 | $1,165 | - |
A 750 N Orange Grove Avenue Sold | $1,425,000 | 2 | 1 | 1,339 | $1,064 | 0.1 mi |
B 935 N Gardner Street Sold | $1,150,000 | 2 | 1 | 1,150 | $1,000 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1923 and marketed for the first time in generations, the home features a kitchen and interior finishes that appear to be 40-50+ years old. The listing description emphasizes a 'reimagine' opportunity for investors or developers, indicating the need for a total rehab or restoration of major systems and surfaces.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in a highly desirable North Ogden Drive pocket, the property offers exceptional walkability to world-class amenities including The Grove, Melrose Avenue, and the Original Farmers Market.
- Development Potential
The 5,287-square-foot lot and 'first time on market' status provide a rare blank canvas for developers or owner-users to expand the existing footprint or build a new luxury residence.
- Architectural Character
Rich with 1920s Spanish-inspired charm and Old Hollywood character, the home features timeless aesthetic details that are highly sought after in the Los Angeles vintage market.
CONSRISKS & DEFICIENCIES
- Limited Interior Space
With only 978 square feet of living space and a 2-bedroom, 1-bathroom configuration, the current layout is undersized for modern family requirements and luxury standards.
- Significant Renovation Required
The property is positioned as a restoration project, implying that substantial capital investment will be necessary to update aging systems and finishes to contemporary living standards.
About 715 N Ogden Drive
First Time on the Market in Generations! A rare opportunity to reimagine a classic 1926 Los Angeles home in a highly desirable North Ogden Drive location. Lovingly held by the same family for generations, this 2-bedroom, 1-bath residence offers approximately 978 square feet on a 5,287-square-foot lot and is ready for its next chapter. Rich with Old Hollywood charm and Spanish-inspired character, the home features abundant natural light, a spacious kitchen, separate laundry room, and detached garage with a large yard and a great grapefruit tree. Restore this timeless residence to its original beauty, expand and create your dream home, or explore the possibilities for something entirely new. An exceptional opportunity for an owner-user, investor, or developer with vision, ideally located minutes from The Grove, Original Farmers Market, Whole Foods, Melrose Avenue and Fairfax.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 5,287 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 978 | 1,664.159 |
| Lot Size | 5,287 | 6,066.556 |
| Price | $1.10M | $1.35M |
| Price per sq ft | $1.1K | $806 |
| Built year | 1923 | 1939 |
| HOA | $0 | $278 |
| Days on market | 5 | 55 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,100,000
Initial Listing