$887.02 Per Sq Foot $10,200 est/mo Sourced by Back At You

800 N Hobart Boulevard,Los Angeles, CA 90029

Los Angeles CA, 90029

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Description

MUTOOF is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity 79% upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property to be sold "as-is" with the tenants remaining in possession but can be delivered vacant. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.

Details

Listing ID24360993
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1921
Days On Site51
Listing Provided ByMUTOOF® 424-666-8133 | John Ha

Features

SQ Feet2,142
ZoningLARD1.5
Acreage0.17

Market Activity 90029

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90029
AreaC20 Hollywood
Listing VS Median (in 90029)
Price:
$1,900,000
low | high
Med:
$1,395,000
76.578947368421% of Average
SqFt:
2,142
low | high
Med:
3,020
9.010270774977% of Average
$ / SqFt:
$887
low | high
Med:
$462
97.924538166609% of Average
On Site:
51
low | high
Med:
47.000000
100% of Average
Sourced by Back At You
Listing Updated: March 20, 2024 at 5:41:09 PM PDT
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