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Listed by Yeranui Shamamian • Equity Union
$ 2,650,000
Est. payment | /mo
6,593 SqFt
$ 2,650,000
Est. payment | /mo
6,593 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,593 sqft
Price per Sqft $401
MLS Listing ID CRSR25233948
HOA Y/N No
Year Built 1958
Lot Size 6,812 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Interior
Fireplace No
Laundry Common Area
Building
Lot Description Other
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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227