800 N Hobart Boulevard, Los Angeles, CA 90029

  • $1,650,000
  • $770
800 N Hobart Boulevard, Los Angeles, CA 90029
  • Commercial Sale
  • Property Type
  • 1921
  • Year Built
For Sale
800 N Hobart Boulevard, Los Angeles, CA 90029
  • $1,650,000
  • $770

Overview

Property ID: SGR-25012910
  • Commercial Sale
  • Property Type
  • 1921
  • Year Built

Description

MUTOOF 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 79% 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 to be sold “as-is” with the tenants remaining in possession but can be delivered vacant. 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.

  • Address 800 N Hobart Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90029
  • Area C20 - Hollywood
  • Country United States

Details

Updated on April 25, 2024 at 12:52 am
  • Property ID: SGR-25012910
  • Price: $1,650,000
  • Land Area: 7281.00 m²
  • Year Built: 1921
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 2142.00
  • MLS#: 24360993
  • Office Name: MUTOOF®
  • Agent Name: John Ha
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Agent State License: 01983001

Additional details

  • County: Los Angeles
  • Parking: 0.00

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