CA > Los Angeles
Los Angeles, CA 90038,1156 N Cahuenga Boulevard
Los Angeles, CA 90038,1156 N Cahuenga Boulevard
Los Angeles, CA 90038,1156 N Cahuenga Boulevard
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$3,350,000
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3 Beds
2 Baths
9,135 Sqft Lot
Price Dropped by $150K

1156 N Cahuenga Boulevard Los Angeles, CA 90038

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25010341

Bedrooms 3

HOA Y/N No

Lot Size 9,135 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This well-maintained property is located in the World-Renowned Hollywood Media District, offering a rare investment opportunity as it hits the market for the first time in over 50 years. With approximately 50% upside in rental income, this property presents significant potential for growth. Governed by the Los Angeles Rent Stabilization Ordinance (LARSO), it ensures compliance with local regulations while offering stability for long term investment. The desirable unit mix includes 14 one-bedroom units and 2 two-bedroom units, each thoughtfully designed with gas cooking, electric heating, hardwood and carpet flooring, and ceiling fans. The building also boasts excellent parking amenities, including twelve tuck-under spaces and two enclosed spots, which are invaluable in an area where parking is often scarce. This combination of prime location, upside potential, and tenant-friendly features makes the property an exceptional investment opportunity.
This well-maintained property is located in the World-Renowned Hollywood Media District, offering a rare investment opportunity as it hits the market for the first time in over 50 years. With approximately 50% upside in rental income, this property presents significant potential for growth. Governed by the Los Angeles Rent Stabilization Ordinance (LARSO), it ensures compliance with local regulations while offering stability for long term investment. The desirable unit mix includes 14 one-bedroom units and 2 two-bedroom units, each thoughtfully designed with gas cooking, electric heating, hardwood and carpet flooring, and ceiling fans. The building also boasts excellent parking amenities, including twelve tuck-under spaces and two enclosed spots, which are invaluable in an area where parking is often scarce. This combination of prime location, upside potential, and tenant-friendly features makes the property an exceptional investment opportunity.

Location

State CA

County Los Angeles

Area Los Angeles (90038)

Zoning Public Rec

Building

Lot Description Sidewalks

Story 2

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Conventional

Space Rent $1,326

Listing Terms Conventional

San Diego Regional MLS (SDMLS)
Listed by Christopher Walker • Triqor Group

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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1156 N Cahuenga Boulevard

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