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Updated 1 hour ago

The Ovelo Hollywood


1331 N Cahuenga Blvd Los Angeles, CA

Studio - 2 Bed
•
1 - 2 Bath

455 - 2,015 Sq. Ft.

Available Now
Deal

Limited-Time Offer: Save 50% on Your First 4 Months, PLUS $500 Look & Lease if you apply within 24 hrs of your initial tour! Contact our leasing office for more details
Floor plans
Studio • 1 Bath
$2,204 - $2,574
482 ft2
1 Available
Unit 4210
$2,204+
Available Now
View
Studio • 1 Bath
$1,973 - $3,026
499 ft2
5 Available
Unit 3510
$1,973+
Available Now
View
Unit 1500
$1,973+
Available Now
View
Unit 3710
$1,973+
Available Now
View
Unit 3705
$1,973+
Available Apr 22nd, 2026
View
Unit 4315
$1,973+
Available Apr 24th, 2026
View
View Rented Units
Studio • 1 Bath
$2,214 - $2,616
455 ft2
1 Available
Unit 5702
$2,214+
Available May 7th, 2026
View
View Rented Units
1 Bed • 1 Bath
$3,240 - $3,798
781 ft2
1 Available
Unit 2700
$3,240+
Available Now
View
1 Bed • 1 Bath
$3,529 - $4,284
870 ft2
2 Available
Unit 0011
$3,529+
Available Now
View
Unit 0005
$3,529+
Available Apr 24th, 2026
View
View Rented Units
1 Bed • 1 Bath
$2,842 - $3,328
633 ft2
1 Available
Unit 4211
$2,842+
Available Now
View
View Rented Units
1 Bed • 1 Bath
$3,516 - $4,179
757 ft2
1 Available
Unit 5501
$3,516+
Available Now
View
1 Bed • 1 Bath
$3,447 - $4,094
903 ft2
1 Available
Unit 4701
$3,447+
Available Apr 25th, 2026
View
View Rented Units
View More
2 Beds • 2 Bath
$3,915 - $5,049
1112 ft2
3 Available
Unit 3700
$3,915+
Available Now
View
Unit 4603
$3,915+
Available Apr 20th, 2026
View
Unit 4719
$3,915+
Available May 19th, 2026
View
View Rented Units
2 Beds • 2 Bath
$10,500 - $12,484
2015 ft2
1 Available
Unit 1701
$10,500+
Available Apr 22nd, 2026
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Where you'll live
Street View
Map View
Satellite View
The Ovelo Hollywood
The Ovelo Hollywood
The Ovelo Hollywood
Amenities
In-unit Laundry
Air Conditioning
Refrigerator
Pool
Hardwood Floors
Balcony, Deck, Patio
Stainless Appliances
On-site Maintenance
Dishwasher
Microwave
Range / Oven
Large Closets
Online Community Portal
Online Payments
Fees & leasing info
Pets
Pet Friendly Community
Pet Deposit: $500.00
Pet Rent: $500.00
Lease & Fees
Lease Length:

12, 13, 14, 15, 16, 17, 18

Application Fee: $62.02
Property details
Description

The Ovelo Hollywood is a fresh new collection of contemporary residences for those looking to celebrate an exceptional quality of life in the heart of Hollywood.The building was beautifully designed to harmonize with the outdoors and offer signature amenities that give you spaces to retreat, relax and revive. Inside, the residences are styled interiors with modern looks and the latest finishes and smart home features. All of this comes together to create a truly elevated living experience in one the most connected and cultured locations in L.A.Images

Additional Details
Space Fee: 0.00
Total Unit Count: 369
Last Updated: Updated 1 hour ago
Contact Number: (323) 375-3531
Property manager information
Avenue5 Residential
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Office Hours
Sunday: 9:00 AM - 6:00 PM
Monday: 9:00 AM - 6:00 PM
Tuesday: 9:00 AM - 6:00 PM
Wednesday: 9:00 AM - 6:00 PM
Thursday: 9:00 AM - 6:00 PM
Friday: 9:00 AM - 6:00 PM
Saturday: 9:00 AM - 6:00 PM
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
AT&T Inc. 1000.0 1000.0
Charter Communications 940.0 35.0
Starry, Inc. 200.0 200.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Ovelo Hollywood by bedroom type below.
Studio
Suggested income:
$73,400
per year
1 Bedroom
Suggested income:
$117,700
per year
2 Bedroom
Suggested income:
$200,200
per year
Rent report

The Ovelo Hollywood Rent vs. Los Angeles Average

 The Ovelo Hollywood      Los Angeles Average
Studio
$2,040
$1,854
$0
$700
$1,400
$2,100
$2,800
1BR
$3,270
$2,437
$0
$1,100
$2,200
$3,300
$4,400
2BR
$5,561
$3,263
$0
$1,850
$3,700
$5,550
$7,400

The Ovelo Hollywood is asking 34% more than the average 1 bedroom apartment in Los Angeles.

If you upsized to an average priced Los Angeles 2 bedroom apartment, you would pay 25% more per month.

If you downsized to an average priced Los Angeles studio apartment, you would pay 31% less per month.

The Ovelo Hollywood provides 17% more square footage than the average Los Angeles 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Ovelo Hollywood
Studio $2,040 $4.20 $6,121
1BR $3,270 $4.00 $9,809
2BR $5,561 $4.20 $16,684
Los Angeles Average
Studio $1,854 $3.10 $5,563
1BR $2,437 $3.50 $7,312
2BR $3,263 $3.20 $9,789
3BR $4,507 $3.40 $13,522
4BR $4,261 $3.20 $12,782

Availability in Los Angeles

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 4,185 1BR units on the market in Los Angeles. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
24% 38% 28% 6% 2%
Available Units in Los Angeles
Studio 2,641
1BR 4,185
2BR 3,129
3BR 714
4BR 272
Location
Nearby Colleges

Los Angeles City College

Los Angeles Trade Technical College

University of Southern California

Southwestern Law School

Mount St Mary's College

Nearby Hospitals
Name Distance
Southern California Hospital At Hollywood 0.27 mi.
Kaiser Foundation Los Angeles Medical Center 2.04 mi.
Children's Hospital Of Los Angeles 2.2 mi.
Nearby Fire Stations
Name Distance
California Rural Fire Protection District 2.78 mi.
California Fire Department 2.78 mi.
Ucla Fire 3.24 mi.
FAQs
Is this property currently leasing units?
Yes. There are 23 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 22 units available for move-in over the next 2 months. 9 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 455 to 2,015 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are studio, 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,910 to $12,484. The Ovelo Hollywood has studio units available starting at $1,910, 1 bedroom units available starting at $2,896, and 2 bedroom units available starting at $3,799.
Where is this property located?
This property is at 1331 N Cahuenga Blvd in Los Angeles, CA. It's 6.0 miles northwest from the center of Los Angeles.
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