1002 N Hudson Ave - Apartments FOR SALE


Los Angeles, CA 90038- Hollywood
$5,500,000 USD
949-355-1979
1002 N Hudson Ave, Los Angeles, CA for Sale
$5,500,000 USD
Apartments - FOR SALE
1/56
null | 5.12% Cap Rate

1002 N Hudson Ave
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Five Unit Four Story Building - Constructed in 2018
  • 100% Leased - 3 bed 3.5 Bath Units
  • Amenities Include - Rooftop Patio, Fenced Property w/Secure Garage, In-unit Washer & Dryer
  • Direct Access to 101 Freeway, Santa Monica Blvd, Grocery Stores, Restaurants, Gyms, and More
  • Strong Demographics - Population - 971,402. Average & HH Income - $108,000+ within 5-Miles
  • Proximity To Major Hubs Including the Port of Long Beach, Long Beach Airport, Downtown Los Angeles, Orange County

OVERVIEW

NAI Capital, as exclusive advisors to ownership, is proud to present 1002 North Hudson Avenue, a fully leased multifamily 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.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$479 USD /SF

# OF UNITS

5

PRICE/UNIT

$1,100,000

CAP RATE

5.12%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2018

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,813 SF

ZONING

LAR3

APN/PARCEL ID

5533-013-016

ASK ABOUT THIS PROPERTY

Alex TohidianNAI CapitalMore Info
949-355-1979

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Alex TohidianNAI CapitalMore Info
949-355-1979

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.