Active
1156 N Cahuenga BLVD
LOS ANGELES CA, 90038
$3,500,000
$338.75 per sqft
Active
3 Beds
2 Baths
10,332 sqft
Multi-family
Built in 1957
This well-maintained property is located in the World-Renowned Hollywood Media District, offering a rare investment opportunity as it hits the market for the first time in over 50 years. With approximately 50% upside in rental income, this property presents significant potential for growth. Governed by the Los Angeles Rent Stabilization Ordinance (LARSO), it ensures compliance with local regulations while offering stability for long term investment. The desirable unit mix includes 14 one-bedroom units and 2 two-bedroom units, each thoughtfully designed with gas cooking, electric heating, hardwood and carpet flooring, and ceiling fans. The building also boasts excellent parking amenities, including twelve tuck-under spaces and two enclosed spots, which are invaluable in an area where parking is often scarce. This combination of prime location, upside potential, and tenant-friendly features makes the property an exceptional investment opportunity.
PW25010341MR
MLSⓇ ID
January 13, 2025
Listed
January 16, 2025
Updated
Map
1156 N Cahuenga BLVD
LOS ANGELES CA, 90038
Interior Features
Total Stories
2
Bedrooms
3
Total Bathrooms
2
Laundry Description
Laundry Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Hollywood
Garage
No
Parking Total
14
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LAR3
Listed by Christopher Walker with Triqor Group
Listing Contact: 949-756-3232
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Vinnie Park | CA DRE# 02015848 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 1/16/2025
