825 N Hobart Boulevard | Los Angeles | State of California | Prices, Plans, Availability

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825 N Hobart Boulevard

USD 1,850,000

Property ID: 25524217

825 N Hobart Boulevard ,90029

6051 SqFt

Built in 1924

USD 306/SqFt

13 Beds

7 Full

Location

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

4312

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1924

Detailed Introduction Of This Home

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. A must see! Located next to some of LAs newest top restaurants, art galleries and production studios. This is a Must See!

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