CA > Los Angeles
Los Angeles, CA 90038,738 N Hudson AVE
Los Angeles, CA 90038,738 N Hudson AVE
Los Angeles, CA 90038,738 N Hudson AVE
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$2,350,000
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6,817 Sqft Lot
New

738 N Hudson AVE Los Angeles, CA 90038

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Frank Sottile

Frank Sottile

+1(760) 952-0019

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25540131

HOA Y/N No

Year Built 1960

Lot Size 6,817 Sqft

Property Description

THE OPPORTUNITY: The Hudson offers investors the chance to acquire a renovated 8-unit apartment building in the heart of the Hollywood Media District, one of L.A.'s most dynamic rental submarkets. The strong in-place income with renovated units achieving market-making rents for this type of asset and vintage. Five of the 8 units have been renovated with high-end finishes, leaving over 30% rental upside in the remaining three unrenovated units. The Hudson provides a generous going-in cash flow and excellent value-add potential in a pocket of Hollywood surrounded by new multifamily, mixed-use and bespoke entertainment-related buildings, including movie studios and post-production facilities. The Hudson provides a lower-cost alternative to the surrounding Class A product, while delivering the same luxury unit finishes found in the adjacent top-tier buildings. Extensive system upgrades including new plumbing, electrical, and windows minimize future capital expenditures and ensure long-term operational efficiency. This is a rare opportunity to own a pride-of-ownership asset in a walkable, high-demand pocket of Hollywood with enduring tenant appeal. PROPERTY: this 1960 vintage asset has been meticulously transformed into a boutique, condo-style rental community. Five of the eight units have been extensively renovated with quartz countertops, designer cabinetry, stainless steel appliances, contemporary, grey-washed wood flooring, and hotel-inspired bathrooms. The remaining three units still in classic condition, present enormous upside for an investor looking to enhance revenue with minimal capital outlay. The property also benefits from significant capital improvements, including upgraded building systems, new windows, and a freshly slurried driveway. Turnkey quality and thoughtful finishes make this a standout asset in its category.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Roof Type Composition,Flat

Total Parking Spaces 8

Building

Story 1

Others

Tax ID 5533035023

Security Features Security Gate

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Mark Ventre • Lyon Stahl Investment Real Estate, Inc.

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agent

Frank Sottile

Broker Associate | License ID: 00900300

+1(760) 952-0019

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738 N Hudson AVE

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