1156 N Cahuenga Boulevard
Los Angeles, CA 90038
- – beds
- – baths
- – sqft
- 9,135 sqft lot
- 1957 build
- – on site
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.
Listed By CRMLS_CA / Christopher Walker / Triqor Group / chris.walker@triqorgroup.com
Last checked:
Checking…
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Last updated Jan 16, 2025
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MLS# PW25010341 —
The Building
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Year Built:1957
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Year Built Source:Public Records
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New Construction:No
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Building Area Total:10332.00
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Building Area Units:Square Feet
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Total Number Of Units:16
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:16
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# of Separate Water Meters:1
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# of Separate Electric Meters:16
Interior
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Entry Location:/
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Laundry:Common Area
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Laundry:1
Location
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Directions:Driving East on E. Santa Monica Blvd., Turn Left Onto N. Cahuenga, Property Will Be on the Right
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Latitude:34.09239000
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Longitude:-118.32850000
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:LAR3
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Lot Features:Rectangular Lot
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Lot Size Area:9135.0000
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Lot Size Acres:0.2097
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Lot Size SqFt:9135.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:1908.02
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5533008001
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:14.00
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Carport Spaces:14.00
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 |
---|---|---|---|---|
1/16/25
Jan 16, 2025
|
Listed / Active | CRMLS_CA | $3,500,000 |