828 N Hudson Ave


828 N Hudson Ave
Los Angeles CA 90038

828 N Hudson is a 25 unit Mediterranean condo building in Hollywood. Built in 1989, it’s hard to ignore this building’s bright Southwestern Orange exterior! The building has Spanish architectural elements with Saltillo tile courtyard, wrought iron entry gate, and a good variety of tropical plants. The building has low HOA Dues under $400/mo. One thing that makes 828 N Hudson unique is that there are 4 rooftop decks with views on each corner. No elevator in the complex, so be ready to climb some stairs! Laundry is community, located in a laundry room on each floor. All the floorplans are 2 bedrooms that range in size from 950-1300 sqft. This building appeals to buyers who want to be close to  nightlife and entertainment, but also want to keep an eye on their mortgage. These condos sell for a 20% discount to comparable West Hollywood Condos, and 10% below slightly larger Hollywood condos nearby. 

Location

828 N Hudson is located in the southern central part of Hollywood, so you are very close to Hancock Park and Larchmont Village, and close to Hollywood and Vine. This area has experienced an explosion of development as many single family homes are being demolished and redeveloped into condos and apartments. I wouldn’t be surprised if this area became like central West Hollywood in another 10 to 15 years. The Pavilions on Melrose and Vine is the closest grocery store. Trader Joes on Vine is 5 minutes up the street. My favorite breakfast spot Grub is walkable from 828. For Special occasions, Mozza is one of the best Italian restaurants in LA. For Everday lunch spots, I like Malibu Eaterie and California Chicken Cafe on Melrose and Mansfield, however, their parking lot is always full, and All About the Bread on La Brea. The list of bars is too many to name but a couple of spots nearby are Pour Vous, the recently moved Cat and the Fiddle, and the Next Door Lounge

Real Estate

Record Sale: $602,000 8/15/2017

Turnover: 4%-5% about one condo sells a year on average

Appreciation: 3.5%

Floorplans vary between single story and townhouse. All of the condos on the first floor (101-110) are single story, and all of the condos on the 2nd floor (201-215) are the townhouses with a flight of stairs up to the Third story, which is the upper floor of the 2nd floor. All of the condos are 2 bedrooms that range in size from 950 sqft to 1300 sqft.

Most of the owners have remodeled their condo to their taste. One bummer of the townhouse layouts is there is no downstairs powder room. Upstairs there is a hallway bathroom that serves as a bathroom to the 2nd bedroom and a guest bath. These condos have really big living rooms with a gas fireplace. I really like the Italianate windows in the living rooms. Kitchens are modest size but have everything you need. The master bedroom has its own private master bathroom and walk-in closet. Units that face the rear of the building have balconies of varying sizes. 

Condos sell between $600,000 and $700,000

 Amenities

4 Rooftop Decks

Parking & Laundry

Each condo gets two side by side parking spaces in the gated garage. There are X guest parking spaces. 

Laundry is Community laundry. There is a laundry room on each floor with two washers and two dryers

Home Owners Association

HOA dues Monthly Cost? $340.00  (Monthly)

HOA dues cover? Water, Trash, Common area maintenance, building insurance, reserves

Owner Pays? Electric, Gas, Internet Cable, Condo Insurance

Any special assessments? No

Pet Policy?

Rental Policy?

EQ Insurance? Yes 

CCRs?

Building Reserves?

Special move in instructions?

Can you have BBQ on the balcony?

Management company?

 

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