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33682182
33682169

913 N Hobart Blvd, Los Angeles, CA 90029

YB
CA CA 01966630
Keller Williams West Hollywood
SN
CA 01949705
Listed by Keller Williams West Hollywood
$3,695,000
0 days on market
Updated 0 days ago

913 N Hobart Blvd

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,394
Units 5
Beds 20
Cap Rate 6.50%
NOI $240,120
Occupancy 80%
Tenancy Multi
Price per SqFt $393
Year Built 2026
Buildings 3
Lot Size (SqFt) 7,350
Zoning LARD1.5
Parking Spaces 10 spaces
Parking Per SqFt 1.06
Investment Type Stabilized

Multifamily | 6.50% CAP | 5 Units

Marketing description

We are proud to present 913 N Hobart Blvd, a collection of five newly constructed and modern residences in the heart of Hollywood, with 4 of the 5 units currently leased, leaving an opportunity for an investor to select the final tenant or for an owner-user to occupy the remaining vacant residence. Offering a rare opportunity to own a luxury, income-producing asset in one of Los Angeles's most dynamic neighborhoods, the property was built in 2026 with contemporary architecture and sleek, high-end finishes.

The community includes a 5-bedroom, 5-bath townhouse, two 4-bedroom homes with 4.5 baths, a 4-bedroom, 4-bath home with a private patio, and a 3-bedroom, 3.5-bath residence with its own patio, each thoughtfully designed and complete with two dedicated parking spaces.

These spacious homes feature open layouts, abundant natural light, soaring ceilings, and designer kitchens with modern appliances, premium fixtures, and contemporary finishes. Additional highlights include smart home technology for convenience and security, all-electric building systems with no gas service, and fully paid-off solar panels that help reduce operating costs and improve energy efficiency. Tenants are responsible for all utilities, including water, trash, and electricity, creating a favorable low-expense operating structure for ownership. New-construction efficiency further reduces maintenance requirements while enhancing long-term durability.

Combining thoughtful design with modern functionality, 913 N Hobart Blvd is well-positioned to appeal to both lifestyle-oriented buyers and investors seeking a turnkey asset in one of Hollywood's most desirable and rapidly evolving neighborhoods.

Investment highlights

  • 5 townhouse style units
  • 20 Beds + 20 Baths + 3 half baths
  • Prime Hollywood Location
  • 9,394 Building SF
  • Spacious Living Spaces
  • New Construction
  • 10 on-site parking spaces
  • 6.50% Cap Rate
  • 12.60 GRM
  • Tenants responsible for all utilities including water, trash, and electricity
  • Fully paid-off solar panels
  • All-electric building systems with no gas service
  • Smart home technology for convenience and security

Listing Contacts

YB
CA CA 01966630
Keller Williams West Hollywood
SN
CA 01949705
Listed by Keller Williams West Hollywood

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$240,120.00
$20,010.00/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Yohann Bensimon
License
CA 01966630
Brokerage Phone
3109231550
Name
Sean Namigohar
License
01949705
Brokerage
Lyon Stahl
Brokerage Phone
3102797779
Title
Agent
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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