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Listed by Michelle Shamamian • Sothebys International Realty
$2,650,000
Est. payment /mo
6,812 Sqft Lot
New
1026 N Hudson Hollywood, CA 90038
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25233948
Year Built 1958
Lot Size 6,812 Sqft
Source California Regional MLS
Property Description
Sotheby's International is pleased to present 1026 N. Hudson Avenue, an exceptional value-add multifamily investment opportunity. This eight-unit multifamily property is strategically located in the heart of Hollywood between stylish Hollywood and prosperous Hancock Park - just minutes from Wilshire Country Club. With a desirable location and proximity to major entertainment hubs, this property attracts strong tenant demand and returns for investors. Ownership has completed several capital improvement projects, which include a new roof, completion of the seismic retrofit, and an electric upgrade. Select units have been remodeled and feature new hardwood flooring, brand new countertops and steel appliances. In addition, the on-site laundry facilities provide an auxiliary income stream for ownership. The building is separately metered for gas and electricity. The proximity and central location of 1026 N Hudson is a significant factor in its desirability to renters. The proximity to major transport hubs further enhances the desirability of the location for renters and owners alike, providing easy access to the wider Los Angels area.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Interior
Laundry Laundry Area, Washer/Dryer - Leased
Exterior
Parking Features Assigned Spaces
Garage Spaces 8.0
Pool None
Building
Water District - Public
Others
Tax ID 5533013021
Special Listing Condition Not Applicable
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