Los Angeles, CA 90038,1156 N Cahuenga Boulevard
Los Angeles, CA 90038,1156 N Cahuenga Boulevard
Los Angeles, CA 90038,1156 N Cahuenga Boulevard
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$3,350,000
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10,332 SqFt
Active

1156 N Cahuenga Boulevard Los Angeles, CA 90038

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,332 sqft

Price per Sqft $324

MLS Listing ID CRPW25010341

HOA Y/N No

Year Built 1957

Lot Size 9,135 Sqft

Acres 0.21

Property Sub-Type Other

Property Description

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.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5533008001


Bridge MLS
Listed by Christopher Walker • Triqor Group

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agent

Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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1156 N Cahuenga Boulevard