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

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