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926 N Hudson Ave
926 N Hudson Ave, Los Angeles, CA 90038, USA
$1,945,000
CLOSED
November 4, 2024
SALE PRICE
$1,945,000
UNITS
7
PRICE PER UNIT
$277,857
PRICE PER SF
$302.07
CAP RATE
5.62%
GRM
10.91
Deal Story
Selling Agent
The Tuvia Group closed 926 N Hudson Avenue, a seven-unit multifamily property in core Hollywood, after less than 20 days of market exposure. The team sourced the buyer at $277,857 per unit and a 5.62% cap rate, successfully positioning the RSO asset despite broader market uncertainty. Located west of Vine Street, the mid-century property offered a strong unit mix and substantial rental upside. The team also negotiated the full removal of buyer contingencies prior to the November election, reducing uncertainty for the seller and allowing the transaction to close shortly thereafter.

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