Sophia Hollywood is a newly constructed 28-unit multifamily investment opportunity located at1759 NGower St. The property is situated in an irreplaceable Hollywood location, one block north of the premier Hollywood Blvd, in one of Los Angeles' most renowned rental submarkets. The property was built in 2024 and features 28 units across four floors, with a diverse unit mix of four one-bedrooms (650-673 SF), 12 two-bedrooms (1, 036-1, 214 SF), three two-bedrooms with dens (1, 387 SF), and nine three-bedrooms (1, 145-1, 595 SF). Three of the units are designated as low-income. The building also features 56 parking spaces, two spaces per unit, across the one level of subterranean parking, with 12 EV charging stations. The Sophia Apartments were constructed meticulously…
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The average household income in
Los Angeles, CA
grew
from
$60,197
to
$62,474
in the past year. This data is an estimate based upon
1,4M
households in
Los Angeles, CA. The chart below presents how household income is distributed in
Los Angeles, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Los Angeles, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Los Angeles, CA
equals
$3k+
, which is
more
than the national average.