$1,945,000
$2,075,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
13 Beds
7 Baths
6,439 SqFt
SOLD DATE : 11/05/2024
Key Details
Sold Price $1,945,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,439 sqft
Price per Sqft $302
MLS Listing ID 24432667
Sold Date 11/05/24
Bedrooms 13
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Lot Size 6,821 Sqft
Property Description
We are pleased to present a seven (7) unit apartment building located at 926 North Hudson Avenue in Los Angeles, California. The subject property is positioned in a prime Hollywood location, one block south of Santa Monica Boulevard, between Highland Avenue and Vine Street. Built in 1963, this property contains an excellent unit mix of one (1) one-bedroom / one-bathroom unit and six (6) two-bedroom / one-bath-room units. One (1) unit will be delivered vacant. Electrical main panel and unit sub panels are in the process of being upgraded. The units are very spacious averaging over 900 square feet per unit. This charming mid-century asset includes an on-site laundry room and several units that have been fully renovated. Equipped with fully parked carport parking, there is a great value add opportunity to potentially convert the carports into multiple ADU unit(s). Residents will adore living along a quiet residential street in close proximity from some of the trendiest retail, restaurant, and entertainment amenities situated along Santa Monica Boulevard. Some of these amenities include Eat This Cafe, Trejo's Coffee and Donuts, The Formosa Cafe, The Three Clubs, and Hollywood Recreation Center. With easy access to the -101 Freeway tenants have quick and convenient transportation to numerous employment hubs throughout Los Angeles. Situated in a prime Hollywood location, adjacent to numerous new developments, this offering presents an excellent opportunity for any investor to capitalize on incredible rental upside potential.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Heating Wall Furnace
Flooring Tile, Wood
Fireplace No
Appliance Refrigerator
Exterior
Garage Covered, Uncovered
Pool None
View Y/N Yes
View City Lights
Total Parking Spaces 7
Private Pool No
Building
Lot Description Landscaped, Rectangular Lot
Story 2
Entry Level Two
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 5533022021
Special Listing Condition Standard
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Bought with Jason Tuvia • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner