605 North Hobart Boulevard

Los Angeles, CA 90004

$1,499,000
Price
5
Beds
5
Baths
2,935 Sq. Ft.
$511 / Sq. Ft.
2,935
Sq. Ft.
$511
per Sq. Ft.

Description

Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. This newly constructed property comprises three distinct units, offering a unique blend of spacious layouts and modern amenities. Six assigned parking spots are included with units, ensuring hassle-free parking. With its beautiful stone exterior and fully fenced in driveway,...Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. This newly constructed property comprises three distinct units, offering a unique blend of spacious layouts and modern amenities. Six assigned parking spots are included with units, ensuring hassle-free parking. With its beautiful stone exterior and fully fenced in driveway, the triplex exudes both charm and security. The property's versatility makes it ideal for various lifestyles whether you're in search of a spacious family home, a comfortable space for co-living with roommates, or a lucrative investment opportunity to offset your mortgage by renting to friends and family. Enjoy the convenience of being close to major freeways and world-renowned entertainment venues. The property's cap rate stands at 5.7%.
  1. Listed by Kevin Lee • DRE #02238016 • Brokerage DRE #02213427 • Bricxone Realty, Inc. • 310-502-4599
  2. Listed by Wonnie Kim • DRE #01873341 • Brokerage DRE #02213427 • Bricxone Realty, Inc.

Property Details for 605 North Hobart Boulevard

Parking Spaces Total
6
Private Pool
No
Cooling Type
Central Forced Air
Total Units
3.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2935
Assessor Parcel Number
5521-004-026
LISTING UPDATED: 09/16/2024 11:19 PM

Property Details for 605 North Hobart Boulevard

StatusActive
MLS #PW24187248
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.17 AC / 7,505 SF
CountyLos Angeles County

Building Information for 605 North Hobart Boulevard

Stories1Residences-Year Built1923Building Size-Lot Size0.17 AC / 7,505 SF

Property Information for 605 North Hobart Boulevard

Income / Expense / Tax Details
Income Details
  • Gross Income: $68,400
  • Gross Scheduled Income: $100,800
  • Net Operating Income: $85,441
Expense Details
  • Operating Expense: $900
  • Insurance Expense: $2,259
  • Trash Expense: $0
  • Total Expenses: $15,359
Tax / Assessment Info
  • Tax Block: 3
  • Tax Tract Number: 0
  • Tax Census Tract: 1925.10
  • CFD/Mello-Roos Fee: $561
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Equipment: Dishwasher, Gas Dryer Hookup, Microwave, Refrigerator
  • Water Heater Features: Gas
  • Water Heater Type: Gas
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Cooling: Central Air
  • Heating Type: Central, High Efficiency
  • Heating: Central, High Efficiency
  • Flooring: Laminate
Exterior Features
  • Window Features: Insulated Windows
  • Security Features: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
  • Security: Automatic Gate
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $3,900
  • Unit Type Total Rent: $3,900
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Negotiable
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3

Property History for 605 North Hobart Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 605 North Hobart Boulevard

Taxable ValueLand$626,018Additions$365,518Total$991,536
Tax Record2024$12,452 ($1,038 / month)
Home Facts
Total Finished SqFt2,820 SqFtAbove Grade Finished SqFt2,820 SqFtLot Size7,503 SqFtStyleTriplexYear Built1912ZoningLAR3CountyLOS ANGELESAPN5521-004-026

Schools near 605 North Hobart Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Harvard Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Fairfax Senior High School
Public9 to 12

Richard A. Alonzo Community Day School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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605 North Hobart Boulevard is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on August 8, 2024 by Bricxone Realty, Inc., it's currently listed at $1,499,000. It has been on the market for a total of 46 days and was last sold on February 13, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Harvard Elementary School, Virgil Middle School and Fairfax Senior High School. 605 North Hobart Boulevard is a 5-bed, 5-bath, 2,935 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bricxone Realty, Inc., Kevin Lee, DRE #02238016; Bricxone Realty, Inc., Wonnie Kim, DRE #01873341

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.