Date
Details
Price
Change
Source
1/16/2025
Listed
$3,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/12
$3,500,000
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1/12
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.
Full Property Details
Full Property Details for 1156 N Cahuenga Blvd
General
- Price: $3,500,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25010341
- Updated: 1/16/2025
- Days on Market: 10 days
- Added to Site: 10 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Location
- Area: C20 - Hollywood
- County: Los Angeles
- Development Name: C20 - Hollywood
- Driving Directions: Driving East on E. Santa Monica Blvd., Turn Left Onto N. Cahuenga, Property Will Be on the Right
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 16
- # Electric Meters: 16
Structural Information
- Entry Location: /
- Square Feet: 10,332
- Year Built: 1957
Unit Information
Unit 1
- Number of Units: 14
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 2
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.2097
- Lot Size (Sq. Ft.): 9,135
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $338.75
- Price Per Unit: 218750
Listed by Triqor Group, Christopher Walker
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Listing agent
— 1156 N Cahuenga Blvd —
Christopher Walker
Triqor Group
chris.walker@triqorgroup.com
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1156 N Cahuenga Blvd
School District:Los Angeles Unified School District
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
955 Vine St, Los Angeles, CA 90038 | K-6 | 0.3 mi | |
|
929 N Las Palmas Ave, Los Angeles, CA 90038 | 6-8 | 0.6 mi | |
|
1521 N Highland Ave, Los Angeles, CA 90028 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1156 N Cahuenga Blvd
Tax History
Tax History for 1156 N Cahuenga Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,136
3%
$283,432
2%
2022
$4,965
2%
$277,940
2%
2021
$4,848
-1%
$272,556
1%
2020
$4,873
3%
$269,796
3%
2019
$4,743
3%
$261,272
2%
2018
$4,625
3%
$256,150
2%
2017
$4,512
5%
$251,129
2%
2016
$4,295
1%
$246,206
2%
2015
$4,252
-3%
$242,509
2%
2014
$4,378
—
$237,760
—
2013
$4,373
—
$236,686
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1156 N Cahuenga Blvd
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,752Sq. Ft.
- Duplex
- Active
- Updated 4 hours ago
- 5Beds
- 2Total Baths
- 1,611Sq. Ft.
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- Single Family
- Active
- Updated 4 hours ago
- 3Beds
- 3Total Baths
- 2,397Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 1Total Bath
- 1,028Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 2Beds
- 2Total Baths
- 656Sq. Ft.
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1156 N Cahuenga Boulevard, Los Angeles, CA 90038 (MLS# PW25010341) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 1156 N Cahuenga Boulevard is currently listed for $3,500,000 and was received on January 16, 2025. Want to learn more about 1156 N Cahuenga Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.