Property listed by LA Commercial, Peter Ciriello 310-980-4562
$3,200,000
732 N Hudson Ave is a well-maintained 8-unit apartment building constructed in 1990, featuring a desirable mix of (4) one-bedroom/one-bathroom units and (4) two-bedroom/two-bathroom units spread across 7,274 square feet of building area . The property sits on a 6,817 square foot lot in the heart of Hollywood. Secure subterranean… Read More parking garage with 14 spaces Central air conditioning, Private balconies, Gated security entrance Individual unit meters for utilities Modern 1990s architectural features, The property offers a significant advantage as it falls under state rent control (AB 1482) rather than LA RSO, allowing for annual rent increases of 5% plus CPI (maximum 8.8% total increase in 2024). Located in the vibrant Hollywood neighborhood, Minutes from major entertainment and employment hubs, Walkable area with a high Walk Score, Close to Vine Street Elementary (0.4 miles) and Bancroft Middle School (0.4 miles)Easy access to Hollywood Boulevard entertainment district, Convenient access to the 101 Freeway. The property's 1990 construction provides modern amenities while its strategic location and parking configuration make it an excellent candidate for potential condo conversion. The building has been well-maintained and features the LAR3 zoning designation . This building has a sister building at 752 N Hudson, also available. Read Less
Listing Snapshot
Days Online
60
Last Updated
Property Type
Other
Beds
12
Square Ft.
1,760
Lot Size
0.16 Acres
Year Built
1990
MLS Number
25502613
30 Days Snapshot Of 90038
$1,350k
+12%
(avg) sold price
5
-28%
homes sold
35
-53%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator
Building
Built in 1990, Building area total: 1,760, Levels: ThreeOrMore, Living area: 1760, 1 building
Cooling
CentralAir
Heating
ForcedAir
Income
Gross income: $227,004, Net operating income: $140,794
Lot
0.1565 acres, 6,817 square feet, Size: 6,817
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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