Properties

Los Angeles, CA 90036 738 S Ogden Drive

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Presented By: Neema Ahadian with Marcus & Millichap;
  • MLS# 25625637
  • 12/04/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 24
  • Baths • 24
  • SQFT • 16,860
  • Garage • 1

Home Details

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.
Presented By: Neema Ahadian with Marcus & Millichap;

Interior Features for 738 S Ogden Drive

Bedrooms

Total Bedrooms24

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths24

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NNo
Total Stories3

General for 738 S Ogden Drive

Cap Rate5.25
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsJust south of Wilshire Blvd
Full Baths
Garage Y/NYes
Gross Income669603
HOANo
HeatingNone
LevelsThree Or More
Living Area16860
Lot Size Square Feet9567
Lot Size UnitsSquare Feet
MLS AreaC19 - Beverly Center-Miracle Mile
Net Operating Income433353
New ConstructionNo
Number Of Units Total12
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built2015
ZoningLAR3

Exterior for 738 S Ogden Drive

Building Area Total16860
Lot Size Acres0.2196
Lot Size Area9567
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesGarage, Gated, Tandem
Total Parking26

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $8,250,000
MLS#25625637
List Date 12/04/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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Request Info
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