825 N Hobart Blvd Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
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 $498
MLS Listing ID 25495519
Bedrooms 13
Year Built 1924
Lot Size 6,051 Sqft
Acres 0.1389
Property Sub-Type Multi-Family
Property Description
Seller motivated, PRICE REDUCED $350k! Welcome to 825 N Hobart Blvd, a two-story triplex in the heart of East Hollywood, featuring an additional two 2 bed, 1 bath ADUs in the back. Nestled in the Melrose Hill neighborhood, this property is an investor's dream providing a cash flowing asset in a rapidly developing area or perfect for an end user to live in one of the units and rent the others. The property consists of a total of 5 units: four 2-bedroom 1-bathroom units and one 5-bedroom 3-bathroom unit. Three units can be delivered vacant or leased so buyers/investors can collect market rents or choose to occupy one of the units. Each unit is individually metered, and all work is fully permitted. Now offered at a projected 6.3 Cap Rate and 11.6 GRM this is A Must See!
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR1
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
Exterior
Parking Features Driveway
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard