1026 N Hudson Active

Hollywood (los Angeles),CA 90038

$ 2650000

- Bed

- Bath

6593 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

Year Built 1958

Lot Size 6,812 Sqft

Property Sub-Type Other

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

Laundry Other

Building

Lot Description Other

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