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Boutique 7-Unit Apartment Building
For Sale
$5,950,000

1409 N Hobart, Los Angeles, CA 90027

Reimagined 7-unit community in a building originally built in 1923 with partial reconstruction in 2022.

Property Size8,028 SF
Days on Market167

Property Features for 1409 N Hobart

General Information

Standard status Active
Size 8,028 SF
Property subtype Apartment

Additional Details

Multifamily Units 7

Building Details

Building Size 8,028 SF
Year Built 2024
Year Renovated 2022
Tenancy Multi
Listing Agency: Meldia Investment Realty of America
Listed By: Dillon Perera · License #01797577
Source: Rochellemaize
Added: Mar 26 Changed: Sep 7 Last Checked: Sep 8 at 12:39PM

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 Meldia Investment Realty of America

Investment Insights

Based on property information with market context.

This boutique 7-unit apartment building features a modern, reimagined design and includes expansive, light-filled living areas. The property was originally built in 1923 and underwent partial reconstruction in 2022, blending historic character with contemporary updates. In-unit details include townhouse-style living with 3-bedroom layouts, and the living areas are described as offering views of the Hollywood Sign and Griffith Observatory.

Located at 1409 N Hobart in Los Angeles, the building is positioned near major employment and redevelopment activity, including the Netflix headquarters and a newly constructed 735-unit complex on 5420 Sunset Boulevard.

As a compact, fully reimagined income property, it offers a small-community setting with updated interiors and views as described in the offering materials.

Key Highlights

  • 1409 N Hobart: 7‑unit boutique community originally built in 1923 with partial reconstruction in 2022
  • Townhouse‑style 3BR unit in a reimagined modern luxury living setup
  • Living areas offer views of the Hollywood Sign and Griffith Observatory

Property Analytics

Current Use

National Electcal Conactors Church

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,030
Businesses Nearby

Demographics for 90027, CA

44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Reimagined 7-unit community in a building originally built in 1923 with partial reconstruction in 2022.
Where is this apartment building located?
The property is located at 1409 N Hobart Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,950,000.
What are key features of this property?
This property features: 1409 N Hobart: 7‑unit boutique community originally built in 1923 with partial reconstruction in 2022; Townhouse‑style 3BR unit in a reimagined modern luxury living setup; Living areas offer views of the Hollywood Sign and Griffith Observatory
More about this property
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