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605 N Hobart Blvd Los Angeles, CA 90004

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For Sale
$1,439,000

Remodeled East Hollywood triplex near Paramount Studios and Dodger Stadium.

Lot size:
0.17 Acres

Property Features for 605 N Hobart Blvd

General Information

Lot size
0.17 Acres
Interior features
1, : "Security System", "2": "Central Air", "3": "Central", "4": "High Efficiency", "5": "Dishwasher", "6": "Disposal", "7": "Gas Oven", "8": "Gas Range", "9": "Gas Water Heater", "10": "Microwave", "11": "Refrigerator", "12": "Water Heater"

Building Details

Year built
1923

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Listing Contact
Kevin Lee
Source: Kw

Listing Agent: Kevin Lee

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

East Hollywood Remodeled Triplex

Located in East Hollywood, Los Angeles, this triplex presents an investment opportunity near Koreatown, Hollywood, Paramount Studios, and Dodger Stadium, with access to the 101 Freeway. The property includes a remodeled front house and two newly built rear units, all constructed in 2017. The front house, approximately 1,700 square feet, features three bedrooms, three bathrooms, central air and heat, and a new kitchen with appliances including a refrigerator, gas stove, dishwasher, washer, and dryer. It also provides parking space for up to four cars. The two rear units each have one bedroom, one bathroom, central air conditioning, and a full suite of appliances. Each unit has a separate entrance from the alley, accessed via an automated gate, and two dedicated parking spaces. The property is secured with automatic front and rear gates and a Ring security camera system. Each unit has separate electric and water meters, and tenants are responsible for all utilities, including electricity, gas, trash, and water. Up to eight cars can be accommodated on the property. The zoning is R3, offering potential for long-term investors or 1031 exchange opportunities. The property's cap rate is 6%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.30587
Latitude
34.08195

FAQs

What type of property is this?
Triplex - Remodeled East Hollywood triplex near Paramount Studios and Dodger Stadium.
Where is this triplex located?
The property is located at 605 N Hobart Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,439,000.
What are key features of this property?
This property features: - Completely remodeled/newly built units (2017) offer modern comfort and appeal to tenants.; - Prime East Hollywood location near Paramount Studios, Dodger Stadium, and easy freeway access.; - Strong income potential with a 6% cap rate and all units currently occupied.
More about this property
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