858 N Hudson Ave
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858 N Hudson Ave
5 Unit Block of Flats £2,816,038 (£563,208/Unit) 5.80% Net Initial Yield Los Angeles, CA 90038
Investment Highlights
- Not a rent control property!
- New construction with low maintenance.
- Impeccably designed units featuring open floor plans, beautiful flooring, large windows and sliding doors boasting loads of natural light.
Executive Summary
BRAND NEW 5 UNITS IN PRIME HOLLYWOOD/ HANCOCK PARK. Experience unparalleled contemporary living with this exquisite newly constructed building near the bustling Melrose-La Brea shopping district.
Impeccably designed units featuring open floor plans, beautiful flooring, large windows and sliding doors boasting loads of natural light. Bright living rooms and dining rooms, custom kitchens with quartz countertops and stainless steel appliances. Embrace sophisticated design, impeccable finishes, and meticulous attention to detail that define these units. Each unit is equipped with its own laundry, and individually metered for water, gas and electricity. Just minutes away from the finest shopping and dining experiences in Los Angeles. This prime location also offers easy access to public transportation, freeways, and local parks, providing residents with the opportunity to explore the finest attractions that Los Angeles have to offer. In addition to high returns, buyers will enjoy numerous perks including everything brand new, minimal maintenance, separate meters for gas, water, and electricity, and strong rental desirability. Extraordinary opportunity for an investor to acquire a remarkable asset that is poised to have tremendous appreciation. Artificial Grass is installed which makes landscape maintenance a breeze.
A perfect INCOME Property Opportunity for all Investors! * * * Not a rent control property * * * a dream come true for 1031 exchange buyers!
Impeccably designed units featuring open floor plans, beautiful flooring, large windows and sliding doors boasting loads of natural light. Bright living rooms and dining rooms, custom kitchens with quartz countertops and stainless steel appliances. Embrace sophisticated design, impeccable finishes, and meticulous attention to detail that define these units. Each unit is equipped with its own laundry, and individually metered for water, gas and electricity. Just minutes away from the finest shopping and dining experiences in Los Angeles. This prime location also offers easy access to public transportation, freeways, and local parks, providing residents with the opportunity to explore the finest attractions that Los Angeles have to offer. In addition to high returns, buyers will enjoy numerous perks including everything brand new, minimal maintenance, separate meters for gas, water, and electricity, and strong rental desirability. Extraordinary opportunity for an investor to acquire a remarkable asset that is poised to have tremendous appreciation. Artificial Grass is installed which makes landscape maintenance a breeze.
A perfect INCOME Property Opportunity for all Investors! * * * Not a rent control property * * * a dream come true for 1031 exchange buyers!
Property Facts
| Price | £2,816,038 | Apartment Style | Low Rise |
| Price Per Unit | £563,208 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Net Initial Yield | 5.80% | Building Size | 4,470 SF |
| Sale Conditions | 1031 Exchange | Number of Floors | 3 |
| No. Units | 5 | Year Built | 2024 |
| Property Type | Residential | Parking Ratio | 1.12/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | £2,816,038 |
| Price Per Unit | £563,208 |
| Sale Type | Investment |
| Net Initial Yield | 5.80% |
| Sale Conditions | 1031 Exchange |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.10 AC |
| Building Size | 4,470 SF |
| Number of Floors | 3 |
| Year Built | 2024 |
| Parking Ratio | 1.12/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer
- Refrigerator
- Stainless Steel Appliances
- Tub/Shower
- Quartz Countertops
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1.5 | 1 | - | - |
| 2+2.5 | 1 | - | - |
| 3+3 | 1 | - | - |
| 3+3.5 | 2 | - | - |
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Walk Score ®
Walker's Paradise (92)
Bike Score ®
Very Bikeable (71)
zoning
| Zoning Code | R3 (Five units or more) |
| R3 (Five units or more) |
-
Eliza Kerndian -
Keller Williams Realty Westside
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858 N Hudson Ave
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