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800 N Hobart Blvd, Los Angeles, CA 90029

J‍
CA DRE 02158256
MORE®
Listed by MORE®
$1,000,000
838 days on market
Updated 28 days ago

800 N Hobart Blvd, Los Angeles, CA 90029

Details
APN 5535-031-013
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,281
Units 2
Price per SqFt $137
Class C
Buildings 2
Stories 1
Zoning RD1.5-1XL
Investment Type Value Add

Multifamily | 2 Units | $500,000/unit

Marketing description

MORE® is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over ±7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity and huge upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered.

Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling ±2,142 SF on a sizable ±7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property is being sold "as-is." DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer.

Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.

Investment highlights

▪︎ Duplex on Over ±7,280 SF Lot in the Heart of Melrose Hill

▪︎ Value-Add Opportunity and Huge Upside in Rents

▪︎ Upside Redevelopment Potential TOC Tier 2 Location (RD1.5-1XL Zoning)

Listing Contacts

J‍
CA DRE 02158256
MORE®
Listed by MORE®

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Additional Information

Name
John ‍Ha
License
DRE 02158256
Brokerage
MORE®
Brokerage Phone
4246668133
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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