Active
825 N Hobart Blvd
Los Angeles CA, 90029
$2,149,000
$498.38 per sqft
Active
13 Beds
7 Baths
4,312 sqft
Multi-family
Built in 1924
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!
25495519
MLSⓇ ID
February 6, 2025
Listed
March 13, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
13
Total Bathrooms
7
Appliances
Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
Fireplace
No
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
Hollywood
Days on Market
35
Garage
No
Parking
Driveway
Parking Total
0
View
No
County
Los Angeles
Zoning
LAR1
Listing History
Date | Event | Price |
---|---|---|
3/13/2025 | Price change | $2,149,000 -5% |
3/6/2025 | Price change | $2,250,000 -10% |
Listed by Scott Harvey with Figure 8 Realty
Listing Contact: 213-537-0114
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2025 Combined L.A./Westside MLS. All rights reserved.
Data last updated 3/13/2025