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
Los Angeles, CA 90038,738 N Hudson AVE
Los Angeles, CA 90038,738 N Hudson AVE
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$1,975,000

$2,150,000

8.1%
Est.Price: ?

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Est. payment /mo

9 Beds

8 Baths

4,895 SqFt


SOLD DATE : 10/20/2025

Key Details

Sold Price $1,975,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 4,895 sqft

Price per Sqft $403

MLS Listing ID 25557481

Sold Date 10/20/25

Bedrooms 9

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1960

Lot Size 6,817 Sqft

Property Description

OPPORTUNITY: 738 N Hudson Avenue is an 8-unit renovated asset located in the heart of Hollywood's red hot Media District. 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 C20 - Hollywood

Zoning LAR3

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood

Laundry Common Area

Exterior

Parking Features Covered, Carport, Gated

Roof Type Composition

Total Parking Spaces 8

Building

Faces West

Entry Level Two

Water Public

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5533035023

Special Listing Condition Standard

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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP


CRMLS – RECore
Listed by Mark Ventre Lyon Stahl Investment Real Estate, Inc.
Bought with Arash Pashaei Keller Williams Beverly Hills
The Warburton Team Brokered By EXp

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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