Luxury condos hit Hollywood amidst neighborhood’s apartment boom

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.