Prime North Hollywood Investment Opportunity! Looking for a solid real estate investment? This fully rented **six-unit apartment building** offers immediate cash flow with the potential to **increase rent to market rates**. Excellent location near **shopping centers, major freeways, and the airport** - perfect for tenants seeking convenience. Stable, income-producing property with **growth potential**. Ideal for investors looking to expand their portfolio in a thriving North Hollywood market. Don't miss out on this opportunity to secure a high-demand property in a prime area! Contact us today to schedule a private showing and start maximizing your investment.
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 attracts strong tenant demand and returns for investors. Ownership has completed several capital improvement projects, which include a new roof, completion of the seismic retrofit, and an electric upgrade. 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.
A PRIME INVESTMENT OPPORTUNITY!!!THIS IS TRULY INVESTORS DREAM TO MAKE THIS PLACE INCOME GENERATION PROPERTY. THIS CHARMING 3 BD 2 BATH HOUSE SEATS ON A LARGE SIZE LOT WHERE THE INVESTORS CAN BULID UP TO 10 PRIMARY UNITS OR LIXURY APARTMENTS. THIS NEIGHBORHOOD CONTINUES TO ATTRACT INVESTORS WITH NEARBY PROJECT AND ITS MULTIFAMILY MIXED- USE DEVELOPMENTS. THIS LOT OFFERS HUGE DRIVEWAY, A TON OF PRIVACY, AND MANY PARKING SPACES. IT HAS SPACIOUS FRONT YARD AND A HUGE BACKYARD WHERE YOU CAN PARK UP TO 10 CARS. IT IS LOCATED IN HEART OF HOLLYWOOD, NEAR SHOPS, RESTAURANTS AND MALLS.
Hollywood is located in California. Hollywood, California has a population of 1,951,220.
The median household income in Hollywood, California is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Hollywood is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.
