Melrose Hill Duplex on Large
For Sale
$1,175,000
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$548.55
Days on Market197
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 3
Last Checked: Oct 7 at 4:11PM
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
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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Current Use
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
Vacancy Rate% for Multifamily in West region
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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 $1,175,000.
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).
