800 Hobart Boulevard, Los Angeles

$1,650,000

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4 Beds

3 Baths

2,142 Sqft

.17 Acre

0 Garage

We are 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.

Essential Information

MLS® #: 24360991

Price: $1,650,000

Bedrooms: 4

Bathrooms: 3.00

Square Footage: 2,142

Acres: 0.17

Year Built: 1921

Type: Residential Income

Status: Active

Community Information

Address: 800 Hobart Boulevard

Area: C20 - Hollywood

City: Los Angeles

County: Los Angeles

Zip Code: 90029

Senior Community: N

Amenities

Parking: Driveway

Garages: Driveway

Has Pool: Yes

Pool: See Remarks

Interior

Heating: Central

Stories: One

Additional Information

Date Listed: February 22nd, 2024

Days on Market: 66

Zoning: LARD1.5

Listing Details

Agent: John Ha

Office: MUTOOF®

Property History

Apr. 24Price Reduced from $1,900,000 to $1,650,000

Mar. 21Price Increased from $1,500,000 to $1,900,000

Mar. 18Price Reduced from $1,550,000 to $1,500,000

Mar. 9Price Reduced from $1,600,000 to $1,550,000

Mar. 4Price Reduced from $1,650,000 to $1,600,000

Show All History (7)

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Buyer's Agent

Listing Agent

John Ha - MUTOOF®

Based on information from California Regional Multiple Listing Service, Inc. as of April 29th, 2024 at 4:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.