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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Courtesy of Figure 8 Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.825 N Hobart Boulevard
Los Angeles, CA
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