Aram Afshar, Listing Office: Coldwell Banker Realty
1156 N Cahuenga Blvd Los Angeles, CA 90038
$3,500,000 List price
0.2 acres
Condo
Property details
About 1156 N Cahuenga Blvd
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.
Highlights
Home typeCondominium
StatusActive
Lot size0.2097 Acres
Year built1957
MLS #PW25010341
Summary
- MLS Number: PW25010341
- MLS Name: CRMLS
- Office Name: Triqor Group
- Office Email: chris.walker@triqorgroup.com
- Listing Agent: Christopher Walker
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,500,000
1156 N Cahuenga Blvd
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $272,556 | $4,848 |
| 2020 | $266,496 | $4,742 |
| 2019 | $261,272 | $4,624 |
| 2018 | $256,150 | $4,512 |
| 2017 | $251,129 | $4,512 |
History based on county public records data.
Nearby schools
5
Vine Street Elementary
Public District KG-6
0.3 mi
•955 Vine St
3
Hollywood Primary Center
Public District KG-3
0.5 mi
•1115 Tamarind Ave
6
Citizens of the World Charter School Hollywood
Public Charter KG-5
0.7 mi
•1316 N Bronson Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $18,333. The majority of Los Angeles, CA residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
How much money do the neighbors make?
82%
<35k
15%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
79%
Single, No Kids
4%
Single, with Kids
10%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
6%
<11 yrs old
4%
12-17 yrs old
34%
18-34 yrs old
50%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1156 N Cahuenga Blvd
This home is located at 1156 N Cahuenga Blvd in Los Angeles, CA and zip code 90038 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $3,500,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.