Los Angeles, CA 90029,825 N Hobart Blvd
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Los Angeles, CA 90029,825 N Hobart Blvd
Los Angeles, CA 90029,825 N Hobart Blvd
Los Angeles, CA 90029,825 N Hobart Blvd
Los Angeles, CA 90029,825 N Hobart Blvd
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$ 2,149,000
Est. payment /mo
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Price Dropped by $101K

825 N Hobart Blvd Los Angeles, CA 90029

13 Beds

7 Baths

4,312 SqFt


UPDATED:

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


TheMLS (CLAW)
Listed by Figure 8 Realty

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

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