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1118 N Cahuenga Blvd
Los Angeles, CA 90038 Hollywood

$5,400,000 USD

Apartments For Sale  •  12,000 SF

Property Details

• Property Type Apartments
• Total Building Size 11,032 SF
• Lot Size 0.39 AC
• Building Class B
• Year Built 2024
• Cap Rate 5.50 %
• Zoning LAR3

65 Transit Score

96 Walk Score

Highlights

35% in rental upside.

16 units could be delivered vacant.

Prime location in Hollywood, walking distance to Hollywood walk of fame.

Diverse unit mix consisting of SRO's, Studios, and One Bedroom One Bathroom.

Property stands on two expansive parcels approximately 17,000 square feet.

5.5% cap rate on actuals

Financial Summary (Actual)

Net Operating Income: $297,103 USD (2025)

Cap Rate:	5.50 %
Total Expenses:	$197,000 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Layla Properties - 1118 N Cahuenga Blvd

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	14 min	-	6.1 mi
	12 min	-	6.3 mi
Airport	Drive	Walk	Distance
Bob Hope	19 min	-	9.6 mi
Los Angeles International	29 min	-	13.5 mi
Long Beach (Daugherty Field)	41 min	-	28.8 mi