$ 1,100,000
800 N Hobart Blvd Los Angeles, CA 90029
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$ 1,100,000
Est. payment /mo
Price Dropped by $100K
800 N Hobart Blvd Los Angeles, CA 90029
4 Beds
3 Baths
2,142 SqFt
UPDATED:
11/20/2024 02:51 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,142 sqft
Price per Sqft $513
MLS Listing ID 24-360993
Bedrooms 4
Year Built 1921
Lot Size 7,281 Sqft
Acres 0.1671
Property Description
MUTOOF is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity 13% upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property is being sold "as-is." The main house will be delivered vacant, while the back unit tenant will remain in possession. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LARD1.5
Others
Special Listing Condition Standard
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