922 N Hudson Ave, Los Angeles, CA 90038

Property Description

Nestled in the heart of Hollywood, 922 N. Hudson Ave. presents an opportunity to acquire a 12-unit "newer construction" asset located blocks from Hancock Park, Melrose Ave, and the ever-popular Larchmont Village. Built in 1985, the property is exempt from Los Angeles rent control, allowing for annual rent increases of 5% plus CPI (currently 8.8%buyer to verify). This regulatory advantage provides flexibility and long-term upside. Located 2 blocks north of Melrose, 922 N. Hudson sits on a quiet residential block surrounded by a mix of charming historic homes and newer multifamily developments. The property is a short walk to Sunset Las Palmas Studios (0.4 miles), Paramount Studios (0.9 miles), Sunset Gower Studios (1 mile), and numerous employment hubs that draw steady demand from entertainment professionals. Major retail, dining, and nightlife destinations in Hollywood (1.3 miles), Larchmont Village (1.3 miles), and K-Town are all nearby. The building features bright, spacious units that average approx. 750 SF, with title showing a total building size of 9,038 SF. The layout, natural light, and interior finishes make the units highly attractive to renters seeking value in a prime Hollywood location. Property amenities include secured, gated access, a landscaped rear seating area, on-site laundry facilities, and an on-grade parking garage with 12 side-by-side spaces. Ownership also benefits from reimbursement for water and trash. 922 N. Hudson offers the rare combination of location, stability and regulatory flexibility; all in one of LA's most dynamic rental markets.