823 N Hudson Avenue, Los Angeles, CA 90038
Local realty services provided by:ERA Excel Realty
823 N Hudson Avenue,Los Angeles, CA 90038
$2,000,000
- 10 Beds
- 11 Baths
- 6,315 sq. ft.
- Multi-family
- Active
Listed by: tregg rustad, jack brown
Office: rodeo realty310-724-7100
MLS#:26103695
Source:CRMLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$316.71
About this home
Located on a quiet residential street just north of Melrose Avenue and east of Highland Avenue, this mid-century, two-story, 8-unit apartment building is situated approximately three blocks north of Wilshire Country Club. The property offers approximately 6,315 square feet of living space and consists of (3) two-bedroom/two-bathroom units, (4) one-bedroom/one-bathroom units, and (1) studio apartment. Currently 100% occupied, the building generates approximately $182,893 in annual scheduled rental income ($15,241/month). Property features include separately metered electricity, on-site parking, a community laundry room, and a completed soft-story seismic retrofit. The location provides convenient access to the shops and restaurants along Melrose Avenue, Larchmont Village, Paramount Studios, Hollywood, and nearby employment centers, along with public transportation and major thoroughfares. Professionally managed, with rental and operating records available for review. Offered at approximately a 5.4% projected cap rate, based on estimated stabilized operating expenses, including property taxes reassessed at 1.25% of the asking price and annual insurance of $11,000. Property is subject to the LA Rent Control. Buyer to independently verify all property information, income, expenses, projected returns and applicable regulations. Please do not disturb tenants. Interior access by appointment only, after an offer is received....
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Home facts
- Year built:1963
- Listing ID #:26103695
- Added:5 day(s) ago
- Updated:October 28, 2026 at 12:02 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:11
- Flooring:Laminate
- Kitchen Description:Range Hood, Refrigerator
- Living area:6,315 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1963
- Building area:6,315 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Contemporary
- Construction Materials:Stucco
- Levels:2 Story
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$316.71
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
- Amenities:Drapes
Parking
- Total parking spaces:9
- Parking description:Assigned, Carport, Garage, Tandem, Uncovered
- Garage:Yes
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