758 N Hudson Avenue, Los Angeles, CA 90038 - Berkshire Hathaway HomeServices California Properties

758 N Hudson Avenue, Los Angeles, CA 90038

$3,000,000 Approx. USD 12 beds, 12 baths
9,116 sqft

Listing Agent


Peter Ciriello | peter@lacomcorp.com
Lic#: 01418188
Broker: Courtesy of LA Commercial

Co Listing Agent


Kelly Morgan | Kelly@KellyMorganCommercial.com
Lic#: 01898026
Broker: Courtesy of KW Advisors

Agent Remarks

758 N Hudson Ave is a well-maintained 12-unit multifamily property located in the heart of Hollywood, CA 90038. This classic building, constructed in 1955, features twelve spacious 1-bedroom, 1-bathroom units, each offering comfortable living spaces and private balconies. The property boasts a secure entrance, convenient tuck-under parking for residents, and a on-site laundry room. Currently operating at a solid 5.29% capitalization rate, this investment offers significant upside potential. While subject to Los Angeles rent control with allowable annual rent increases of 4%, the existing rents are well below market, providing a clear pathway to increased revenue through strategic upgrades and proactive management. Residents enjoy the building's prime location, within walking distance to a variety of shops, restaurants, and entertainment venues. Its proximity to major Hollywood attractions, studios, and employment centers makes it highly desirable for renters. With its classic charm, spacious units, convenient on-site amenities, and prime location, this property offers an exceptional opportunity to own a piece of Hollywood history with strong cash flow and substantial value appreciation potential.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25502633
Price: $3,000,000
Beds: 12
Baths: 12
Built in 1955
9,116 sqft
2 stories
0.17 acres
Lot size: 0.1721
County: Los Angeles
Zoning: LAR3
Appliances: Refrigerator
Parking description: Attached Carport
Heating description: Forced Air
MLS area: C20 - Hollywood

Last Updated: 2/25/2025

 Days On Market (DOM): 34

 Find more Los Angeles homes and real estate

 Find more homes in 90038 zip code

This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.085148, -118.331740.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90038 Area Map

Demographics

Schools

Near by

Similar Listings