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$ 3,500,000
Est. payment | /mo
9,038 SqFt
$ 3,500,000
Est. payment | /mo
9,038 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 9,038 sqft
Price per Sqft $387
MLS Listing ID CL25564025
HOA Y/N No
Year Built 1985
Lot Size 6,824 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
Nestled in the heart of Hollywood, 922 N. Hudson Ave. presents an opportunity to acquire a 12-unit "newer construction" asset located blocks from Hancock Park, Melrose Ave, and the ever-popular Larchmont Village. Built in 1985, the property is exempt from Los Angeles rent control, allowing for annual rent increases of 5% plus CPI (currently 8.8%buyer to verify). This regulatory advantage provides flexibility and long-term upside. Located 2 blocks north of Melrose, 922 N. Hudson sits on a quiet residential block surrounded by a mix of charming historic homes and newer multifamily developments. The property is a short walk to Sunset Las Palmas Studios (0.4 miles), Paramount Studios (0.9 miles), Sunset Gower Studios (1 mile), and numerous employment hubs that draw steady demand from entertainment professionals. Major retail, dining, and nightlife destinations in Hollywood (1.3 miles), Larchmont Village (1.3 miles), and K-Town are all nearby. The building features bright, spacious units that average approx. 750 SF, with title showing a total building size of 9,038 SF. The layout, natural light, and interior finishes make the units highly attractive to renters seeking value in a prime Hollywood location. Property amenities include secured, gated access, a landscaped rear seating area,
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Flooring Tile
Fireplace No
Exterior
View Y/N true
View City Lights
Building
New Construction No
Others
Tax ID 5533022020
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Listed by Kenny Stevens • Compass
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Patrick Nagel
REALTOR® | Lic# 1760790