605 N Hobart Blvd, Los Angeles, CA 90004
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605 N Hobart Blvd Los Angeles, CA 90004

$1,499,000
  • 5 Beds
  • 5 Baths
  • 2,935 Sq.Ft.
For Sale
$1,499,000 Get Pre-Qualified

Map preview of 605 N Hobart Blvd, Los Angeles, CA 90004

Property Overview: 605 N Hobart Blvd Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,935 living square feet and 7,505 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. This newly constructed property comprises three distinct units, offering a unique blend of spacious layouts and modern amenities. Six assigned parking spots are included with units, ensuring hassle-free parking. With its beautiful stone exterior and fully fenced in driveway, the triplex exudes both charm and security. The property's versatility makes it ideal for various lifestyles whether you're in search of a spacious family home, a comfortable space for co-living with roommates, or a lucrative investment opportunity to offset your mortgage by renting to friends and family. Enjoy the convenience of being close to major freeways and world-renowned entertainment venues. The property's cap rate stands at 5.7%.

Listed by Kevin Lee | BRE #02238016 | Bricxone Realty, Inc.
Co-listed by Wonnie Kim | BRE #01873341 | Bricxone Realty, Inc.
Last checked: 10 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
7,505
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Triplex
Status
Active
MLS#
PW24187248
City
Los Angeles
County
Los Angeles
Time on Site
3 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Actual Rent: $3,900
  • Total Rent: $3,900
  • Pro Forma/Market Rent: $4,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $100,800
  • Net Operating Income: $85,441
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $900
  • Trash: $0
  • Insurance: $2,259

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Property Details for 605 N Hobart Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, High Efficiency
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
Interior Features
  • Window Features: Insulated Windows
  • Security Features: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5521004026
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Melrose East from Western.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 605 N Hobart Blvd

Last leased for $3,700 on June 25th, 2020
  • September, 2024

  • Sep 16, 2024

    Date

    Active

    CRMLS: PW24187248

    $1,499,000

    Price

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: 22212208

    $3,750

    Price

  • Oct 27, 2022

    Date

    Active

    CRMLS: 22212208

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Fully Remodeled, Living space 1,698sf / 3bed 3baths and 2 Living rooms / With 4 or more parking spaces, Central AC, With Washier and Dryer, side by side opener refrigerator in unit.

  • November, 2022

  • Nov 1, 2022

    Date

    Expired

    CRMLS: 22201845

    $4,000

    Price

  • Sep 21, 2022

    Date

    Active

    CRMLS: 22201845

    $4,000

    Price

  • Listing provided courtesy of CRMLS

  • June, 2020

  • Jun 25, 2020

    Date

    Leased

    CRMLS: 20583092

    $3,700

    Price

  • Jun 4, 2020

    Date

    Price Change

    CRMLS: 20583092

    $3,700

    Price

  • May 27, 2020

    Date

    Active

    CRMLS: 20583092

    $3,900

    Price

  • Listing provided courtesy of CRMLS

    This Property is fully remodeled and Furnished 3 bedrooms and 3 bathrooms and a great living space, a beautiful House. Kitchen appliance is all brand new and features stainless steel refrigerator, stove, dishwasher. Washer and dryer in the unit. Central Air and heat. Vacant. See "Virtual Tour"

  • May, 2020

  • May 22, 2020

    Date

    Canceled

    CRMLS: 19537830

    $3,900

    Price

  • Mar 3, 2020

    Date

    Price Change

    CRMLS: 19537830

    $3,900

    Price

  • Dec 19, 2019

    Date

    Active

    CRMLS: 19537830

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    This is a beautiful and fully remodeled and Furnished 3 bedrooms and 3 bathrooms and great living space. Unit features stainless steel refrigerator,stove dishwasher. Washer and dryer in the unit. Central Air and heat.. Close to melrose,Larchmont,Korea town,down town..Property will be vacant available starting January 15th,2020..

  • November, 2018

  • Nov 30, 2018

    Date

    Canceled

    CRMLS: 18395786

    $3,600

    Price

  • Oct 11, 2018

    Date

    Active

    CRMLS: 18395786

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Fully Remodeled 3 Bed with 3 Baths, With 3 or More Parking spaces for this New Unit. With Central AC, Convenience New Washer and Dryer in the Unit. New Stove and New side by side Opener Refrigerator, Offer's Very Larger Bedrooms and Ample Living Rooms, For Large Family.

  • September, 2018

  • Sep 22, 2018

    Date

    Canceled

    CRMLS: 18387324

    $3,600

    Price

  • Sep 17, 2018

    Date

    Active

    CRMLS: 18387324

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Fully Remodeled 3 Bed with 3 Baths, With 3 or More Parking spaces for this New Unit. With Central AC, Convenience New Washer and Dryer in the Unit. New Stove and New side by side Opener Refrigerator, Offer's Very Larger Bedrooms and Ample Living Rooms, For Large Family.

  • September, 2017

  • Sep 1, 2017

    Date

    Expired

    CRMLS: 17259300

    $3,475

    Price

  • Aug 29, 2017

    Date

    Hold

    CRMLS: 17259300

    $3,475

    Price

  • Aug 22, 2017

    Date

    Price Change

    CRMLS: 17259300

    $3,475

    Price

  • Aug 9, 2017

    Date

    Active

    CRMLS: 17259300

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    Fully Remodeled 3 Bed with 3 Baths, With 3 or More Parking spaces for this New Unit. With Central AC, Convenience New Washer and Dryer in the Unit. New Stove and New side by side Opener Refrigerator, Offer's Very Larger Bedrooms and Ample Living Rooms, For Large Family.

  • August, 2017

  • Aug 22, 2017

    Date

    Canceled

    CRMLS: 17258604

    $1,600

    Price

  • Aug 13, 2017

    Date

    Hold

    CRMLS: 17258604

    $1,600

    Price

  • Aug 7, 2017

    Date

    Active

    CRMLS: 17258604

    $1,600

    Price

  • Listing provided courtesy of CRMLS

    Fully Remodeled ( It is New Built ) 1 Bed 1 Bath Attached unit - One out of 3 Plex !! It is All New ( Windows, Floors, Washer and Dryer Stove and Refrigerator ) with Central AC Unit, It is Completely New and New. Come's with 2 Side by Side Parking spots.

  • February, 2015

  • Feb 13, 2015

    Date

    Sold (Public Records)

    Public Records

    $759,000

    Price

  • May, 2012

  • May 18, 2012

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

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Tax History for 605 N Hobart Blvd

Assessed Value (2020): $924,770
Year Land Value Improved Value Assessed Value
2020 $583,864 $340,906 $924,770

Home Value Compared to the Market

This property vs the competition

605 N Hobart Blvd is listed 24.92% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $510.73 per/sqft which puts the price per square foot 33.5% lower than the median price per square foot for the city of Los Angeles.

About 605 N Hobart Blvd

Detailed summary of property

605 N Hobart Blvd is a triplex located in Los Angeles, CA 90004 and is currently for sale. This triplex offers 5 bedrooms, 5 bathrooms, roughly 2,935 living square feet, and sits on an approximately 7,505 square foot lot. 605 N Hobart Blvd was first listed on ArdentRealEstateGroup.com on September 16, 2024. The homeowner is currently asking $1,499,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 24.92% higher than the median priced home. Local competing homes currently for sale include 4214 Rosewood Ave, 5159 Clinton St. and 971 N Wilton Pl. While the average home in Los Angeles, CA is selling in 106 days, 605 N Hobart Blvd has a days on market of 3 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 605 N Hobart Blvd Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 605 N Hobart Blvd

Public county record property details
Beds
4
Baths
5
Year built
1912
Sq. Ft.
2,820
Lot Size
7,503
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5521-004-026

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 605 N Hobart Blvd

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.