605 N Hobart Boulevard
Los Angeles, CA, 90004
$1,439,000
Beds
0 Baths
SqFt
0.17 Acres
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<<Exceptional East Hollywood Triplex – Prime Income Opportunity>>

Welcome to an outstanding investment opportunity in the vibrant heart of East Hollywood, Los Angeles! This exceptional triplex offers the ultimate in Hollywood living, blending modern comfort, security, and unbeatable location: centrally located in Koreantown, near Hollywood, within walking distance to Paramount Studios, Dodger Stadium, and with easy access to the 101 Freeway.

Whether you’re a 1031 exchange or long-term investor, seeking strong cash flow, or looking for a spacious home with income-producing units. Don’t miss your chance to own this rare East Hollywood gem-perfect for savvy investors and owner-users alike! Contact us today to schedule a private tour and secure your place in one of LA’s most dynamic neighborhoods.

**Property Highlights:

Front House (605 N Hobart):
Experience space in this extra-large, approximately 1,700 SF front house, which was completely remodeled in 2017 (except for the frame). It offers central air &#38' heat, a brand-new kitchen with full appliances (refrigerator, gas stove, dishwasher, washer &#38' dryer), and three (3) bedrooms and three (3) bathrooms. The front yard offers ample parking for up to 4 cars. Currently occupied by a solid tenant, ensuring immediate income.

Rear Units (607 &#38' 609 N Hobart):
Both rear units were newly built in 2017, each with 1 bedroom, 1 bathroom, central air conditioning, and a full suite of appliances. Each unit enjoys its own separate entrance from the alley operated by the automated gate and has two (2) dedicated parking spaces.

The property is secured with automatic front and rear gates and a Ring security camera system for peace of mind. Each unit is equipped with its own electric and water meters' tenants pay all utilities, including electricity, gas, trash, and water.

***Investment Highlights:
(1)Completely remodeled and newly built units (2017)
(2)All units have separate utilities- tenants cover all bills
(3)Automated security gates and a Ring security camera system
(4)Fully furnished units with new appliances
(5)Ample parking: Up to 8 cars can be accommodated, a rare find in this area.
(6)R3 zoning with significant upside for long-term investors or 1031 exchange opportunities
(7)The property&#39's cap rate stands at 6%.

Property Details

Price:
$1,439,000
MLS #:
PW25099626
Status:
Active
Baths:
0
Address:
605 N Hobart Boulevard
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
May 12, 2025
State:
CA
ZIP:
90004
Lot Size:
7,505 sqft / 0.17 acres (approx)
Year Built:
1923
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Interior

Appliances
Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
Cooling
Central Air
Flooring
Laminate
Heating
Central, High Efficiency
Window Features
Insulated Windows

Exterior

Community Features
Curbs
Garage Spaces
8.00
Lot Features
2-5 Units/ Acre
Parking Spots
8.00
Pool Features
None
Security Features
24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
Sewer
Public Sewer
Stories Total
1
Water Source
Public

Financial

Association Fee
0.00
Tenant Pays
All Utilities

Map

Community

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605 N Hobart Boulevard
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