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922 N Hudson Ave
Los Angeles, CA 90038
No LA Rent Control @ $291K PPU & 12.61 GRM · Multifamily Property For Sale
·
12 Units
Investment Highlights
- 922 N. Hudson Ave. is a 12-unit “newer construction” asset located blocks from Hancock Park, Melrose Ave, and the ever-popular Larchmont Village.
- The property is a short walk to Sunset Las Palmas Studios (0.4 miles), Paramount Studios (0.9 miles), and Sunset Gower Studios (1 mile).
- Property amenities include secured access, a rear seating area, on-site laundry, and an on-grade parking garage with 12 side-by-side spaces.
- Built in 1985, the property is exempt from Los Angeles rent control, allowing for annual rent increases of 5% plus CPI (buyer to verify).
- The building features bright, spacious units that average approx. 750 SF, with title showing a total building size of 9,038 SF.
- Ownership also benefits from reimbursement for water and trash.
Property Facts
| No. Units | 12 | Building Size | 9,038 SF |
| Property Type | Multifamily | Average Occupancy | 75% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | C | Parking Ratio | 1/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R4 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 9,038 SF |
| Average Occupancy | 75% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
Site Amenities
- Controlled Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 2 | $2,114 | - |
| 1+1 | 6 | $1,951 | - |
| Studios | 4 | $1,476 | - |
Property Taxes
| Parcel Number | 5533-022-020 | Improvements Assessment | $721,106 |
| Land Assessment | $2,043,141 | Total Assessment | $2,764,247 |
Property Taxes
Parcel Number
5533-022-020
Land Assessment
$2,043,141
Improvements Assessment
$721,106
Total Assessment
$2,764,247
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