United StatesCaliforniaLos AngelesHollywood Studio District825 North Hobart Boulevard

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,...

Figure 8 Realty

Listing Courtesy of Figure 8 Realty
$1,850,000
Change Currency
13
Bedrooms
401 m²
Interior
567 m²
Exterior
Residential Income
Property type
1924
Year Built
25524217
Web Id
25524217
MLS ID
Los Angeles Unified
School District
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

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

Figure 8 Realty

Listing Courtesy of Figure 8 Realty
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