$2,250,000

738 N Hudson Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated payment $14,677/month

Total Views 130
9 Beds
8 Baths
4,895 Sq Ft
$460 Price per Sq Ft

Highlights

  • Gated Parking
  • Double Pane Windows
  • Ceiling Fan
  • Midcentury Modern Architecture
  • Vinyl Plank Flooring
  • Laundry Facilities

About This Home

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.

Listing Agent

Mark Ventre

Lyon Stahl Investment Real Estate, Inc. License #01811490 Listed on: 07/10/2025

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 6,817 Sq Ft Lot
  • West Facing Home

Home Design

  • Midcentury Modern Architecture
  • Composition Roof

Interior Spaces

  • 4,895 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Plank Flooring
  • Leased Washer and Dryer

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Remodeled Bathroom
  • 8 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 8 Parking Spaces
  • Carport
  • Gated Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Central Water Heater

Community Details

  • 8 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5533-035-023

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4895
  • Lot Acreage: 0.1565
  • Property Condition: Updated/Remodeled
  • Year Built: 1960
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Vinyl Plank
  • Appliances: Oven, Range, Range Hood
  • Bedrooms: 9
  • Bathroom Features: Remodeled
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 8.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Hood Fan, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 459.65
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Roof: Composition

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 8
  • Parking Garage: Carport, Covered Parking, Gated
  • Total Parking: 8

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Wall/Window
  • Heating: Wall
  • Water: District
  • Water Heaters: No

Lot Info

  • Assessed Improvement Percent: 34.78
  • Assessed Improvement Value: 480724
  • Assessed Land Percent: 65.22
  • Assessed Land Value: 901366
  • Total Assessed Value: 1382090
  • Assessor Parcel Number: 5533-035-023
  • Lot Size Area: 6817

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.86
  • Number Of Units: 8
  • Total Annual Expense: 62001
  • Type Of Units: 8
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $2,250,000 +95.7% $460 / Sq Ft
09/11/2013 09/11/13 Sold $1,150,000 +4.6% $235 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $1,099,000 -- $225 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25557481

The MLS

California Los Angeles County Los Angeles 90038 Hollywood

738 N Hudson Ave, Los Angeles, CA

This home is located at 738 N Hudson Ave, Los Angeles, CA 90038 and is currently priced at $2,250,000, approximately $459 per square foot. This property was built in 1960. 738 N Hudson Ave is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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Nearby Homes
Mark Ventre
Listing Agent
Mark Ventre
Section Image
Lyon Stahl Investment Real Estate, Inc.
(323) 202-9741