Melrose Hill Duplex on Large
For Sale
$1,000,000
800 N Hobart, Los Angeles, CA 90029
Duplex in Melrose Hill with value-add and redevelopment potential.
Property Size2,142 SF
Lot Size0.17 Acres
Price / SF$466.85
Days on Market210
Property Features for 800 N Hobart
General Information
Standard status
Active
Size
2,142 SF
Lot size
0.17 Acres
Property subtype
MULTI_FAMILY
Building Details
Building Size
2,142 SF
Year Built
1921
Listing Agency:
The Kasa Agency
Listed By:
Gilbert Gallardo · License #02206958
Source:
Carolinakramer
Added: Mar 26
Changed: Oct 18
Last Checked: Oct 21 at 2:37AM
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 The Kasa Agency
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Investment Insights
Based on property information with market context.
Located in the heart of Melrose Hill, this duplex at 800 N Hobart Blvd, Los Angeles, CA 90029, presents a value-add opportunity. Situated on a ±7,281 SF lot, the property offers upside in rents and redevelopment potential due to its TOC (Transit Oriented Communities) Tier 2 location, which allows increased residential density (RD1.5-1XL zoning). The property features a newly updated interior and a 2.94 kW roof-mounted photovoltaic solar system on both the main house and back unit, designed to reduce electricity bills. The units are sub-metered. The property has a Walk Score of 90, indicating it is a Walker's Paradise. Its location offers proximity to major transit stops, highways (US-101 & SR-2), and shopping centers. It is located two miles west of Hollywood and five miles east of Downtown L.A. The property consists of two units totaling ±2,142 SF, with a mix of one 3beds/2baths unit and one 1bed/1bath unit. The duplex is being sold "as-is."
Key Highlights
- High Walk Score (90) and excellent location near transit, highways, and shopping.
- Significant value‑add opportunity with potential for increased rents.
- TOC Tier 2 location allows for increased residential density (RD1.5‑1XL zoning).
Property Analytics
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Location Intelligence
Trade Area within ½ mile
2,808
Businesses Nearby
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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
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Market
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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 Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: High Walk Score (90) and excellent location near transit, highways, and shopping.; Significant value‑add opportunity with potential for increased rents.; TOC Tier 2 location allows for increased residential density (RD1.5‑1XL zoning).
