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1118 N Cahuenga Blvd
Los Angeles, CA 90038 Hollywood

$5,100,000 USD

Apartments For Sale  •  11,032 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 5.90 %
• Zoning LAR3

65 Transit Score

96 Walk Score

Highlights

Low rents allowing new buyer to capture 35% in rental upside.

16 units could be delivered vacant (upon buyer request)

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.

5.9% CAP on actual income.

Property Flyers

Hollywood 2026 Rev1 email

Financial Summary (Actual)

Net Operating Income: $300,853 USD (2025)

Cap Rate:	5.90 %
Total Expenses:	$193,250 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))	11 min	-	6.1 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	11 min	-	6.9 mi
Transit/Subway	Drive	Walk	Distance
Hollywood/Vine Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	16 min	0.9 mi
Airport	Drive	Walk	Distance
Bob Hope	17 min	-	9.3 mi
Los Angeles International	26 min	-	14.0 mi
Long Beach (Daugherty Field)	40 min	-	29.5 mi