926 N Hudson Avenue

Marcus and Millichap is pleased to present a seven (7) unit apartment building
located at 926 North Hudson Avenue in Los Angeles, California. The subject property
is positioned in a prime H ollywood location, one block south of Santa Monica
Boulevard, between Highland Avenue and Vine Street.

The city of Hollywood is among the most densely populated neighborhoods in all
of Los Angeles, due to its numerous amenities and its close proximity to many
employers. Because of its history and attractions like Walk of Fame and the Dolbe
Theatre, Hollywood has always been the main at traction for tourists and now,
home to many major entertainment companies like Netflix and CBS TV City. It
is famous as the historical cen ter of movie studios and move stars. Hollywood
Boulevard is a Los Angeles cultural icon, with museums, landmarks and other
attractions that celebrate L.A’s rich film and entertainment heritage. You can see
handprints and footprints of the stars at the TCL Chinese Theatre, which is said to
be one of the greatest theatres in the world, see the stars on the Hollywood Walk
of Fame, or visit the famous celebrity Hollywood Wax Museum. You can definitely
find a day’s work of activities that will give you the true experience of Hollywood
and all it has to off er. If you want great shopping, dining and entertainment, visit
Hollywood & Highland, which is in the heart of all the at tractions and home to
Dolby Theatre. This complex has more than 70 retailers, more than 25 dining
options, and a great nightlife, including a bowling alley called Lucky Strike and
OHM nightclub. They also have a family friendly arcade center located within the
structure called Dave and Busters. Hollywood & Highland also has Metro Rail Red
Line station underneath it, as well as parking making it easy and affordable to visit
from all places in Los Angeles.

Built in 1963, this property contains a excellent unit mix of one (1)
one-bedroom / one-bathroom unit and six (6) two-bedroom / one-bathroom
units. One (1) unit will be de livered vacant. Electrical main panel
and unit sub panels are in the process of being upgraded. The units are
very spacious averaging over 900 square feet per unit. This charming
mid-century asset includes an on-site laundry room and several units
that have been fully renovated. Equipped with fully parked carport
parking, there is a great value add opportunity to potentially convert
the carports into multiple ADU unit(s). Residents will adore living along
a quiet residential street in close proximity from some of the trendiest
retail, restaurant, and entertainment amenities situated along Santa
Monica Boulevard. Some of these amenities include Eat This Cafe, Trejo’s
Coffee and Donuts, The Formosa Cafe, The Three Clubs, and Hollywood
Recreation Center. With easy access to the -101 F reeway tenants have
quick and convenient transportation to numerous employment hubs
throughout Los Angeles.

Situated in a prime Hollywood location, adjacent to numerous new
developments, this offering presents an excellent opportunity for any
investor to capitalize on incredible rental upside potential.