1156 N Cahuenga Boulevard, Property Listing: MLS® #PW25010341

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.

1156 N Cahuenga Boulevard, Property Listing: MLS® #PW25010341 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: PW25010341
  • 1156 N Cahuenga Boulevard
  • , CA 90038
  • $3,500,000
  • 0.21 Acres
  • Office: Triqor Group

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.

Supplemental Remarks

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Essential Information

  • MLS® #PW25010341
  • Listing Price$3,500,000
  • Original Listing Price$3,500,000
  • Date ListedJanuary 13th, 2025
  • Days on Market4
  • Bathrooms0.00
  • Acres0.21
  • Lot Sq.Ft.9,135
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address1156 N Cahuenga Boulevard
  • AreaLOS ANGELES (90038)
  • CountyLos Angeles
  • StateCA
  • Zip Code90038

Amenities

  • PoolN/K

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on May 2nd, 2025 at 3:08am PDT.