738 N Hudson Avenue
Los Angeles, CA 90038
Map
- – beds
- – baths
- – sqft
- 6,817 sqft lot
- 1960 build
- – on site
OPPORTUNITY: 738 N Hudson Avenue is an 8-unit renovated asset located in the heart of Hollywood's red hot Media District. The Hudson offers investors the chance to acquire a renovated 8-unit apartment building in the heart of the Hollywood Media District one of L.A.'s most dynamic rental submarkets. The strong in-place income with renovated units achieving market-making rents for this type of asset and vintage. Five of the 8 units have been renovated with high-end finishes, leaving over 30% rental upside in the remaining three unrenovated units. The Hudson provides a generous going-in cash flow and excellent value-add potential in a pocket of Hollywood surrounded by new multifamily, mixed-use and bespoke entertainment-related buildings, including movie studios and post-production facilities. The Hudson provides a lower-cost alternative to the surrounding Class A product, while delivering the same luxury unit finishes found in the adjacent top-tier buildings. Extensive system upgrades including new plumbing, electrical, and windows minimize future capital expenditures and ensure long-term operational efficiency. This is a rare opportunity to own a pride-of-ownership asset in a walkable, high-demand pocket of Hollywood with enduring tenant appeal. PROPERTY: This 1960 vintage asset has been meticulously transformed into a boutique, condo-style rental community. Five of the eight units have been extensively renovated with quartz countertops, designer cabinetry, stainless steel appliances, contemporary, grey-washed wood flooring, and hotel-inspired bathrooms. The remaining three units still in classic condition present enormous upside for an investor looking to enhance revenue with minimal capital outlay. The property also benefits from significant capital improvements, including upgraded building systems, new windows, and a freshly slurried driveway. Turnkey quality and thoughtful finishes make this a standout asset in its category.
Last checked:
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Last updated Jul 15, 2025
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MLS# 25557481 —
The Building
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Year Built:1960
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New Construction:No
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Building Area Total:4895.00
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Total Number Of Units:8
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# of Buildings:1
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Architectural Style:Mid Century Modern
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Roof:Composition
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Faces:West
Interior
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Features:Ceiling Fan(s)
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Levels:Two
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Window Features:Double Pane Windows
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Laundry:Community
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Laundry:1
Location
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Directions:One block north of Melrose Ave and six blocks west of Highland Ave
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Latitude:34.08457800
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Longitude:-118.33173800
The Property
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Property Type:Residential Income
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Property Condition:Updated/Remodeled
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Zoning:LAR3
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Lot Size Area:6817.0000
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Lot Size Acres:0.1565
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Lot Size SqFt:6817.00
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5533035023
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Oven, Range, Range Hood
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Carport, Covered, Gated
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Parking Spaces:8.00
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Uncovered Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/10/25
Jul 10, 2025
|
Listed / Active | CRMLS_CA | $2,250,000 |
