825 N Hobart Boulevard
Los Angeles, CA, 90029
$1,850,000
Beds
0 Baths
SqFt
0.14 Acres
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Welcome to 825 N Hobart Blvd, a prime East Hollywood investment opportunity. Nestled in the vibrant and rapidly evolving Melrose Hill enclave of East Hollywood, 825 N Hobart Blvd presents a rare opportunity to own a fully-permitted, income-generating asset in one of LA’s most dynamic neighborhoods. This two-story triplex is complemented by two newly constructed 2-bedroom, 1-bathroom ADUs, offering a total of five distinct units: four 2-bed, 1-bath units, and one expansive 5-bed, 3-bath unit. Each unit is individually metered, providing ease of management and optimal utility efficiency for both tenants and ownership. Whether you’re an investor seeking strong cash flow. With all work fully permitted, and a projected Cap Rate of 6.69% and GRM of 10.93, this asset checks all the boxes for value, performance, and long-term growth potential. Located next to some of LAs newest top restaurants, art galleries and production studios. This is a Must See!

Property Details

Price:
$1,850,000
MLS #:
25524217
Status:
Active
Baths:
0
Address:
825 N Hobart Boulevard
Type:
Residential Income
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Apr 11, 2025
State:
CA
ZIP:
90029
Lot Size:
6,051 sqft / 0.14 acres (approx)
Year Built:
1924
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825 N Hobart Boulevard
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