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1002 N Hudson Ave 5 Unit Apartment Building $7,526,750 CAD ($1,505,350 CAD/Unit) 5.12% Cap Rate Los Angeles, CA 90038
Investment Highlights
- Five Unit Four Story Building - Constructed in 2018
- Amenities Include - Rooftop Patio, Fenced Property w/Secure Garage, In-unit Washer & Dryer
- Strong Demographics - Population - 971,402. Average & HH Income - $108,000+ within 5-Miles
- 100% Leased - 3 bed 3.5 Bath Units
- Direct Access to 101 Freeway, Santa Monica Blvd, Grocery Stores, Restaurants, Gyms, and More
- Proximity To Major Hubs Including the Port of Long Beach, Long Beach Airport, Downtown Los Angeles, Orange County
Executive Summary
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.
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.
Property Facts
| Price | $7,526,750 CAD | Building Class | B |
| Price Per Unit | $1,505,350 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 11,480 SF |
| Cap Rate | 5.12% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2018 |
| Property Subtype | Apartment | Parking Ratio | 0.87/1,000 SF |
| Apartment Style | Mid-Rise | Opportunity Zone |
Yes
|
| Zoning | LAR3 | ||
| Price | $7,526,750 CAD |
| Price Per Unit | $1,505,350 CAD |
| Sale Type | Investment |
| Cap Rate | 5.12% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 11,480 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2018 |
| Parking Ratio | 0.87/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Washer/Dryer
- Heating
- Tile Floors
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Breakfast Nook
- Deck
- Double Pane Windows
- Freezer
- Handrails
- Island Kitchen
- Porch
- Large Bedrooms
Site Amenities
- Controlled Access
- Courtyard
- Fenced Lot
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 5 | - | 2,296 |
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5533-013-016 | Improvements Assessment | $2,468,847 CAD |
| Land Assessment | $6,244,731 CAD | Total Assessment | $8,713,577 CAD |
Property Taxes
Parcel Number
5533-013-016
Land Assessment
$6,244,731 CAD
Improvements Assessment
$2,468,847 CAD
Total Assessment
$8,713,577 CAD
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1002 N Hudson Ave
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