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!
Property Details
Price:
$2,149,000
MLS #:
25495519
Status:
Active
Baths:
0
Address:
825 N Hobart Boulevard
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Feb 6, 2025
State:
CA
ZIP:
90029
Lot Size:
6,051 sqft / 0.14 acres (approx)
Year Built:
1924
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Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator
Heating
Wall Furnace
Exterior
Parking Features
Driveway
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address825 N Hobart Boulevard Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
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825 N Hobart Boulevard
Los Angeles, CA
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