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32424703
32424704

1002 North Hudson Avenue, Los Angeles, CA 90038

SL
CA CA 01323150
NAI Capital - Orange County
AT
CA 02185779
NAI Capital - Orange County
Listed by NAI Capital - Orange County
$5,500,000
27 days on market
Updated 27 days ago
Opportunity zone

1002 North Hudson Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 11,480
NOI $281,583
Tenancy Multi
Year Built 2018
Lot Size (SqFt) 6,812
Zoning LAR3
Investment Type Stabilized

Hollywood Multifamily Investment Opportunity

Marketing description

NAI Capital, as exclusive advisors to ownership, is proud to present 1002 North Hudson Avenue, a fully leased multi-family investment situated in the heart of Hollywood.

This 2018 construction is four-stories and five-units in one of the most iconic and demanding markets across Southern California. Located just off of Santa Monica Boulevard at Hudson Avenue. this location offers direct access to the 101-freeway, Melrose Avenue, Paramount Studios, Hollywood Walk of Fame, restaurants, grocery stores, and much more. All units are individually metered for gas and electricity; landlord pays water and trash. 3,164 SF of deck area not included in gross SF.

Investment highlights

Hollywood Multifamily Investment Opportunity

Five Unit Four Story Building - Constructed in 2018

100% Leased - 3 bed 3.5 Bath Units

Average Unit Size - 2,296 SF

Amenities Include - Rooftop Patio, Fenced Property w/Secure Garage,

In-unit Washer & Dryer

LAR3 Zone - High Density Apartment Zone

Located Within a High-Demand Urban Infill Growth Corridor

Direct Access to 101 Freeway, Santa Monica Blvd, Grocery Stores,

Restaurants, Gyms, and More

Population - 971,402 within 5-Miles. Average HH Income - $108,000+

Strong Local Demographics Support High Rental Income

Proximity To Major Hubs Including the Port of Long Beach, Long Beach

Airport, Downtown Los Angeles, Orange County

Listing Contacts

SL
CA CA 01323150
NAI Capital - Orange County
AT
CA 02185779
NAI Capital - Orange County
Listed by NAI Capital - Orange County

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$281,583.00
$23,465.25/mo

Valuation Metrics

0
DSCR
5.12%
Cap Rate
5.12%
ROI

Map

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Additional Information

Name
Steve Liu
License
CA 01323150
Brokerage Phone
7143493547
Name
Alex Tohidian
License
02185779
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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