Luxury condos hit Hollywood amidst neighborhood’s apartment boom

Condos at 935 N. Hudson Avenue range from $775K to $1M

Aug.August 24, 2017 05:30 PM
935 N. Hudson Avenue (Ari Afshar)

Hollywood is experiencing an apartment boom with at least eight developments under construction, including CIM Group’s mixed-use complex at 904 N. La Brea Avenue and Avalon Bay Communities’ 695-unit project at 6677 Santa Monica Boulevard. 

Larger projects, such as the long-stalled Millennium Hollywood, which is now under construction, promise the area will soon have for-sale units as well. But one of the first smaller properties to offer condominium units since 2008, according to Compass, has just hit the market.

Development firm A.J. Khair listed its six-unit condominium property at 935 N. Hudson Avenue on Wednesday with asking prices ranging from $775,000 to $1.05 million, or $517 to $700 per square foot. 

Each of the 1,500-square-foot units at the three-story building have three bedrooms and three bathrooms. The two pricier units, asking $995,000 and $1.05 million, have a private rooftop viewing deck with views of Downtown Los Angeles, according to listing details.

Ari Afshar and Jilina Scott of Compass has the listing.

The units are priced in line with area averages. For the second quarter, the median price of condos in Hollywood was $580 per square foot, up 4.2 percent year-over-year, according to Polaris Pacific.

Related Article

Holland Partner Group CEO Clyde Holland and a rendering of the Hollywood project

Holland Partner Group’s Hollywood apartment project faces labor union challenge

1723 N Wilcox Avenue (Credit: Google Maps)

Hollywood hotel construction craze: Developer abandons apartment project for hotel instead

A rendering of the proposed hotel project on Whitley Street (Credit: Daryoush Safai)

Reservations: Hollywood hotel project faces appeal from rent control tenants

AIDS Healthcare Foundation CEO Michael Weinstein and the Amoeba Music store (Credit: Getty Images and Wikipedia)

Amoeba Music owner says landmarking effort by nonprofits is ploy to prevent resi development

5525 W. Sunset Boulevard (Credit: Google Maps and iStock)

Going bigger: Reliable Properties adds 100 units to Hollywood resi project plan

Hollywood & Highland, Gaw Capital Chairman Goodwin Gaw and DJM founder John Miller

CIM Group sells Hollywood & Highland mega-complex for $325M: sources

Hillview Hollywood, Jesse Lasky , Samuel Goldwyn , Adolfo Suaya (Credit: Wikipedia and Getty Images)

Historic Hollywood building in Opportunity Zone becomes latest repositioning target

LA Councilman David Ryu (Credit: Getty Images and iStock)

LA Councilman David Ryu wants less power for developers and for himself