800 N Hobart Boulevard

Los Angeles, CA 90029

PRICE REDUCED

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-$800,000 (-42.11%)

$1,100,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1921

calendar_month Built

Property 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 13% 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 is being sold "as-is." The main house will be delivered vacant, while the back unit tenant will remain in possession. 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.

Listing Information

List Price $1,100,000
Status Active
MLS 24360993
HOA $0
Type Commercial
Year Built 1921
Lot Size 7,281
Structure Size N/A
DOM 271
Courtesy Of MUTOOF®
Listing Agent John Ha DRE#01983001

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: John Ha, MUTOOF® 424-666-8133. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 20th, 2024 at 4:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.