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.
Property Details
Price:
$2,250,000
MLS #:
25557481
Status:
Active
Baths:
0
Address:
738 N Hudson Avenue
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jul 10, 2025
State:
CA
ZIP:
90038
Lot Size:
6,817 sqft / 0.16 acres (approx)
Year Built:
1960
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Oven, Range, Range Hood
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Interior Features
Ceiling Fan(s)
Window Features
Double Pane Windows
Exterior
Parking Features
Carport, Covered, Gated
Parking Spots
8.00
Roof
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Water Source
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Map
Community
- Address738 N Hudson Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90038
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738 N Hudson Avenue
Los Angeles, CA
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