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$2,895,000
Est. payment /mo
6,051 Sqft Lot
UPDATED:
01/20/2025 12:44 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24138864
Originating Board California Regional MLS
Year Built 1924
Lot Size 6,051 Sqft
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!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Rooms
Kitchen Dishwasher, Freezer, Garbage Disposal, Other, Exhaust Fan, Oven Range - Gas, Refrigerator, Oven - Gas
Interior
Heating Other, Electric
Cooling Window / Wall Unit
Laundry 30, Other, 38, Washer, Washer/Dryer - Owned, Stacked Only, Dryer
Exterior
Pool 31, None
Roof Type Shingle,Tile
Building
Lot Description Grade - Level
Foundation Concrete Slab
Water Hot Water, District - Public
Others
Tax ID 5535026010
Special Listing Condition Not Applicable
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Listed by Edward Kaminsky • eXp Realty of California, Inc