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Apartment - Hollywood, CA
Sotheby's International is pleased to present 1026 N. Hudson Avenue, an exceptional value-add multifamily investment opportunity. This eight-unit multifamily property, is strategically located in the heart of Hollywood, between stylish Hollywood and prosperous Hancock Park - just minutes from Wilshire Country Club. With a desirable location and proximity to major entertainment hubs, this property is poised to attract strong tenant demand and deliver returns for investors.
Ownership has completed several capital improvement projects, installing a new roof and completing the Seismic Retrofit to be in compliance with LA's ordinance. Select units have been remodeled and feature new hardwood flooring, brand new countertops and steel appliances. In addition, the on-site laundry facilities provide an auxiliary income stream for ownership. The building is separately metered for gas and electricit...
Ownership has completed several capital improvement projects, installing a new roof and completing the Seismic Retrofit to be in compliance with LA's ordinance. Select units have been remodeled and feature new hardwood flooring, brand new countertops and steel appliances. In addition, the on-site laundry facilities provide an auxiliary income stream for ownership. The building is separately metered for gas and electricity. The proximity and central location of 1026 N Hudson is a significant factor in its desirability to renters. The proximity to major transport hubs further enhances the desirability of the location for renters and owners alike, providing easy access to the wider Los Angels area.
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