825 N Hobart Boulevard

Los Angeles, CA 90029

PRICE INCREASE

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+$1,070,000 (+58.63%)

$2,895,000

List Price

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bed Beds

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shower Baths

N/A sqft

straighten / sqft

1924

calendar_month Built

Property Description

Welcome to 825 N Hobart, the property is a total of 5 units. A two-story triplex in the heart of East Hollywood, featuring two 2-bedroom, 1-bathroom ADUs in the back. Nestled in the Melrose Hill neighborhood, this property is an investor's dream, investors seeking opportunities in a rapidly developing area. Or an end user to live in one of the units while the others are rented.  The property consists of a total of 5 units: four 2-bedroom 1-bathroom units and one 5-bedroom 3-bathroom unit. The units are all listed for rent while the project is listed for sale. Market rents will be collected and one-year leases will be the standard. 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. The property will be delivered with all approvals and certificates of occupancy. This is a must-see opportunity!

Listing Information

List Price $2,895,000
Status Active
MLS SB24138864
HOA $0
Type Residential Income
Subtype Mixed Use
Year Built 1924
Lot Size 6,051
Structure Size N/A
DOM 161
Courtesy Of eXp Realty of California, Inc
Listing Agent Edward Kaminsky DRE#00958114
Co-Listing Agent Mercurios (Mark) Hanna DRE#01979530

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stacked
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Edward Kaminsky, Mercurios (Mark) Hanna, eXp Realty of California, Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 11th, 2025 at 3:59 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.