If you need assistance, please call 805-742-4221

$2,465,000
1151 N Hudson Ave, Hollywood, CA 90038
0 Beds
0 Baths
n/a SqFt

Share

   
OR
Photos
Map
Prices are changing. Get a free home estimate     Find out now

powered by Etta

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!!
  • Price:
  • $2,465,000
  • Acreage:
  • 0.11
  • Year Built:
  • 1923
  • Listing ID #:
  • V1-10875
  • Street Address:
  • 1151 N Hudson Ave
  • City:
  • Hollywood
  • State:
  • California
  • Postal Code:
  • 90038
  • County:
  • Los Angeles
  • Community:
  • Hollywood
  • Subdivision:
  • Not Applicable
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Fireplace:
  • Yes
  • Number Of Units:
  • 2
  • Total # Of Buildings:
  • 1
  • Walls:
  • 1 Common Wall
  • Year Built:
  • 1923
  • Year Built Source:
  • Public Records
  • Annual Electric Expenses:
  • 1680
  • Annual Insurance Expenses:
  • 757
  • Annual Trash Expenses:
  • 1500
  • Annual Water/Sewer Expenses:
  • 1500
  • Gross Income:
  • 60000
  • Net Operating Income:
  • 56000
  • Operating Expense:
  • 4000
  • Lot Features:
  • Level, Sprinklers None, Value In Land
  • Lot Size:
  • 4895
  • Lot Square Footage:
  • 4895
  • Community Features:
  • Biking, Curbs, Sidewalks, Urban
  • Days On Market:
  • 280
  • On Market Date:
  • 2022-02-25
  • Originating Mls:
  • Crmls
  • Terms:
  • Cash, Cash To New Loan, 1031 Exchange, Owner May Carry, Submit, Trade
  • Subdivision:
  • Not Applicable
  • Laundry:
  • Washer Hookup, See Remarks
  • Garage Parking Spaces:
  • 2
  • Has Garage:
  • Yes
  • Parking Spaces:
  • 5
  • Cooling System:
  • Wall/Window Unit(s)
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Wall Furnace
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Agent Albert Goldberg with eXp Realty of California
  • CACRMLS

Similar Properties

Image Unavailable
$2,340,000
5540 Lexington Ave, Los Angeles, CA 90038
5,334 SqFt
8 Beds | 4 Baths
ALL Listing Agent Bruce Jay with Bruce Jay Associates
ACTIVE
Image Unavailable
$2,399,000
742 N Las Palmas Ave, Los Angeles, CA 90038
2,232 SqFt
3 Beds | 3 Baths
ALL Listing Agent Angela Acuff with Compass
ACTIVE
Image Unavailable
$2,499,000
1256 N Sycamore Ave, Los Angeles, CA 90038
3,103 SqFt
4 Beds | 3 Baths
ALL Listing Agent Ross Groefsema with Douglas Elliman
ACTIVE