825 N Hobart Boulevard
Los Angeles, CA 90029
4312 sqft | 13 beds | 0.14 acres | #25524217
Description
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!
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$1,850,000
- MLS #25524217
- MLS #25524217
- Cost1850000
- Acres0.1389
- Square Feet4312
- Year Built1924
- Bedrooms13
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Edward Faktorovich (#CLW-X67808)
Listing Office: Figure 8 Realty (#CLW-X77482)
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