825 North Hobart Boulevard 825 North Hobart Boulevard Los Angeles, California 90029 United States
$1,850,000
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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,...
- 13
- Bedrooms
- 401 m²
- Interior
- 567 m²
- Exterior
- Residential Income
- Property type
- 1924
- Year Built
- 25524217
- Web Id
- 25524217
- MLS ID
- 39
- days ago
This Property is Currently Contract Pending
About 825 North Hobart Boulevard
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!
Listing Courtesy of Edward Faktorovich, Figure 8 Realty, 01401897, Jason Tuvia, Marcus & Millichap, 01772495, Pending
Listing Courtesy of Edward Faktorovich, Figure 8 Realty, 01401897, Jason Tuvia, Marcus & Millichap, 01772495, Pending
Amenities
- Dishwasher
- Refrigerator
- Washer Included
- Dryer Included
features
- cooling
- Propane Heating
- Parking
- Driveway
- Additional Listing Type
- In Contract
PROPERTY INFORMATION
- Appliances
- Dishwasher, Disposal, Refrigerator, Dryer, Washer
- Heating
- WallFurnace
- Parking Description
- Driveway
ADDITIONAL INFORMATION
- Number of Units
- 5
Listing Courtesy of Figure 8 Realty
- Market Trends in
Average Price
Bedrooms
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