1151 N. Hudson Ave., Los Angeles, CA 90038 - V1-10875 - iPro Real Estate
iPro Real Estate

iPro Real Estate

1151 N. Hudson Ave.
Los Angeles, CA 90038

Active, Multi-Family/Income Sale

For Sale

$2,465,000 $503.47 per sqft

Free Professional CMA

Listing ID : V1-10875

  • Beds

    4
  • Lot Size

    4,896 Sqft

Description

Duplex Hollywood Hollywood Hollywood Opportunity Zone!!!!!!!!!Opportunity Zone Maximum Multi Year Tax Breaks. Opportunity Zone in Hollywood.Use existing duplex for rental while getting plans to build 6 +/- units, buyers to verify and do due diligence with New SB 9 & 10 laws which doubled the number of units per acre in California with Opportunity Zone Benefits. Adjacent duplex next door also for sale lending to the potential of 12 +/- units, subject to City approval. Will look at trades, or do just a regular sale.This is more a land play .....................Unless,................ you want to live in Old World Hollywood Era style 1923 Old Fashion Stylish Home an Extra Extraordinary Architectural Gem waiting for your personalized finishing touches.....................Unless,................ you have a property preferably in the West Covina, CovinaMetro Area but we will look at any trade in the country to do a 3 way trade that you would want to trade for all or part of some of this acquisition, .....................Unless,................ you have other ideas for it. Buying both properties side by side for $5,944,000 to hold or develop is a great opportunity for the small builder to do a project now or hold it for when you need to keep a crew on some work. Owners of next-door house will trade for property in the Palm Springs, Rancho Mirage Metro Area. Creative sellers open to buy, sell or trade. Live or own income property in Hollywood the Film TV Music Capital of the World and a really fun place!!

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5533011010
Net Operating Income: $56,000 
Days on Market: 212 
Number of Units: 2 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Public Rec 

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Interactive

34.092262 -118.332672 $2,465,000 V1-10875
1151 N. Hudson Ave., Los Angeles, CA 90038
Directions to here from:

Area Information 90038

Population:

28,922 Up .02% since 2010
Average Income:
$68,944
Average Age:
34Years
Gender:
52.65%Male
47.35%Female
Households:
12,15021.72% with children
Average Value:
$1,230,963
Occupancy:
9.03%Owned
90.97%Rented
6.53%Vacant
Education:
19.62%High School
5.17%Associate
23.52%Bachelor
7.44%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
15.65Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Tax Assessments

Value

  • Land $163,052
  • Improvements $51,640

  • Total $214,692

Property Tax

  • 2021 $2,774

History

Date Transaction Price Mortgage Amt & Lender
Date
Feb 23, 2022
Transaction
Active - LandV1-10878
Price
$2,465,000
Mortgage Amt & Lender
- -
Date
Feb 23, 2022
Transaction
Active - Residential IncomeV1-10875
Price
$2,465,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Albert Goldberg with eXp Realty of California