Melrose Hill Duplex with Redevelopment
For Sale
$800,000
800 N Hobart Boulevard -, Los Angeles, CA 90029
Duplex in Melrose Hill with value-add and redevelopment potential.
Property Size2,142 SF
Lot Size0.17 Acres
Price / SF$373.48
Days on Market479
Property Features for 800 N Hobart Boulevard -
General Information
Standard status
Active
Size
2,142 SF
Lot size
0.17 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1921
Listing Agency:
MOREÂ
(424) 777-3681
Listed By:
John Ha · License #01983001
(424) 777-3681
Source:
Exitrealty
Added: Apr 18, 2025
Changed: Aug 8
Last Checked: Aug 8 at 7:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MOREÂ
Investment Insights
Based on property information with market context.
Located in the heart of Melrose Hill, at 800 N Hobart Blvd, Los Angeles, CA 90029, this duplex presents a value-add opportunity on a 7,281 SF lot. The property features redevelopment potential due to its TOC (Transit Oriented Communities) Tier 2 location, which allows increased residential density (RD1.5-1XL zoning). The property consists of two units totaling 2,142 SF. The unit mix includes one 3-bed/2-bath unit and one 1-bed/1-bath unit. A 2.94 kW roof-mounted photovoltaic solar system on both the main house and back unit reduces electricity bills. The property is sub-metered. The interior has been newly updated. The location has a Walk Score of 90, indicating it is a Walker's Paradise. It is situated near major transit stops, highways (US-101 & SR-2), and shopping centers, approximately two miles west of Hollywood and five miles east of Downtown L.A. The duplex is being sold "as-is."
Key Highlights
- Value‑add opportunity with significant rental upside in a prime Melrose Hill location.
- TOC Tier 2 location allows for increased residential density, offering redevelopment potential.
- Large 7,281 SF lot with a duplex consisting of one 3‑bed/2‑bath unit and one 1‑bed/1‑bath unit totaling 2,142 SF.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,080
Businesses Nearby
Explore this area
Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Melrose Hill with value-add and redevelopment potential.
Where is this duplex located?
The property is located at 800 N Hobart Boulevard - Los Angeles, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Value‑add opportunity with significant rental upside in a prime Melrose Hill location.; TOC Tier 2 location allows for increased residential density, offering redevelopment potential.; Large 7,281 SF lot with a duplex consisting of one 3‑bed/2‑bath unit and one 1‑bed/1‑bath unit totaling 2,142 SF.
