Los Angeles, CA 90029,825 N Hobart Blvd
Los Angeles, CA 90029,825 N Hobart Blvd
Los Angeles, CA 90029,825 N Hobart Blvd
48
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$1,850,000
Est. payment /mo
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13 Beds
7 Baths
4,312 SqFt
Active

825 N Hobart Blvd Los Angeles, CA 90029

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,312 sqft

Price per Sqft $429

MLS Listing ID 25524217

Bedrooms 13

Year Built 1924

Lot Size 6,051 Sqft

Acres 0.1389

Property Sub-Type Multi-Family

Property Description

Welcome to 825 N Hobart Blvd, a prime East Hollywood investment opportunity. Nestled in the vibrant and rapidly evolving Melrose Hill enclave of East Hollywood, 825 N Hobart Blvd presents a rare opportunity to own a fully-permitted, income-generating asset in one of LA's most dynamic neighborhoods. This two-story triplex is complemented by two newly constructed 2-bedroom, 1-bathroom ADUs, offering a total of five distinct units: four 2-bed, 1-bath units, and one expansive 5-bed, 3-bath unit. Each unit is individually metered, providing ease of management and optimal utility efficiency for both tenants and ownership. Whether you're an investor seeking strong cash flow. With all work fully permitted, and a projected Cap Rate of 6.69% and GRM of 10.93, this asset checks all the boxes for value, performance, and long-term growth potential. Located next to some of LAs newest top restaurants, art galleries and production studios. This is a Must See!

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR1

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Equipment Dryer, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Washer

Exterior

Parking Features Driveway

Garage Spaces 3.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Figure 8 Realty

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825 N Hobart Blvd