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Pending
  • $1,850,000

    825 N Hobart Blvd, Los Angeles, CA 90029

    13beds
    7baths
    4,312sqft
    : 
    Multi Family
    Built in 1924
    -- sqft lot
    $1,793,700 Zestimate®
    $429/sqft
    $-- HOA

    What's special

    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!
    29 days
    on Zillow
    |
    449
    |
    32
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 03, 2025 at 04:11am

    Listed by:

    Edward Faktorovich DRE # 01401897 323-270-9303,

    Figure 8 Realty 213-537-0114,

    Jason Tuvia DRE # 01772495 818-212-2735,

    Marcus & Millichap

    Source: CLAW,MLS#: 25524217MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 7
    Heating
    • Wall
    Cooling
    • Air Conditioning
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Range/Oven, Refrigerator, Washer
    Interior area
    • Total structure area: 4,312
    • Total interior livable area: 4,312 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,050.48 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5535026010
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1924

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $429/sqft
    • Tax assessed value: $1,144,440
    • Annual tax amount: $14,421
    • Date on market: 4/11/2025
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