CA > Los Angeles
Los Angeles, CA 90038,738 N Hudson Ave
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Los Angeles, CA 90038,738 N Hudson Ave
Los Angeles, CA 90038,738 N Hudson Ave
Los Angeles, CA 90038,738 N Hudson Ave
Los Angeles, CA 90038,738 N Hudson Ave
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Cheri' Benjamin

Cheri' Benjamin

+1(404) 965-4080
$ 2,350,000
Est. payment /mo
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738 N Hudson Ave Los Angeles, CA 90038

9 Beds

8 Baths

4,895 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,895 sqft

Price per Sqft $480

MLS Listing ID 25540131

Bedrooms 9

Year Built 1960

Lot Size 6,817 Sqft

Acres 0.1565

Property Sub-Type Multi-Family

Property Description

THE OPPORTUNITY: The Hudson offers investors the chance to acquire a renovated 8-unit apartment building in the heart of the Hollywood Media District, one of L.A.'s most dynamic rental submarkets. The strong in-place income with renovated units achieving market-making rents for this type of asset and vintage. Five of the 8 units have been renovated with high-end finishes, leaving over 30% rental upside in the remaining three unrenovated units. The Hudson provides a generous going-in cash flow and excellent value-add potential in a pocket of Hollywood surrounded by new multifamily, mixed-use and bespoke entertainment-related buildings, including movie studios and post-production facilities. The Hudson provides a lower-cost alternative to the surrounding Class A product, while delivering the same luxury unit finishes found in the adjacent top-tier buildings. Extensive system upgrades including new plumbing, electrical, and windows minimize future capital expenditures and ensure long-term operational efficiency. This is a rare opportunity to own a pride-of-ownership asset in a walkable, high-demand pocket of Hollywood with enduring tenant appeal. PROPERTY: this 1960 vintage asset has been meticulously transformed into a boutique, condo-style rental community. Five of the eight units have been extensively renovated with quartz countertops, designer cabinetry, stainless steel appliances, contemporary, grey-washed wood flooring, and hotel-inspired bathrooms. The remaining three units still in classic condition, present enormous upside for an investor looking to enhance revenue with minimal capital outlay. The property also benefits from significant capital improvements, including upgraded building systems, new windows, and a freshly slurried driveway. Turnkey quality and thoughtful finishes make this a standout asset in its category.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Interior

Heating Wall

Laundry Community

Exterior

Garage Spaces 8.0

Roof Type Composition, Roll, Flat

Building

Story 1

Structure Type Stucco, Wood Siding

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
agent

Cheri' Benjamin

+1(404) 965-4080

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738 N Hudson Ave