552 North Hobart Boulevard Los Angeles, CA ^$ 16,000,000

552 North Hobart Boulevard

^$ 16,000,000

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552 North Hobart Boulevard

Los Angeles, CA, 90004

^$ 16,000,000

Studio Baths0.0

Monthly Estimate*

^$ 111,765

552 North Hobart Boulevard, Los Angeles, CA 90004 - Image 1

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552 North Hobart Boulevard, Los Angeles, CA 90004 - Image 4

552 North Hobart Boulevard, Los Angeles, CA 90004 - Image 5

552 North Hobart Boulevard, Los Angeles, CA 90004 - Image 6

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552 North Hobart Boulevard, Los Angeles, CA 90004 - Image 13

552 North Hobart Boulevard, Los Angeles, CA 90004 - Image 14

Studio

Commercial Property for sale in Los Angeles, CA

for $16,000,000. This building was built in 2022 on a lot size of 0.167608.

Built in 2022, 552 N Hobart is a deluxe building featuring 27 apartment homes and is part of two sizzling L.A. neighborhoods Hollywood and Koreatown. The artfully designed property offers contemporary-style flats with large arched windows and spacious floor plans, averaging900 SF. The sought-after unit mix consists of one studio, seven 1BD+1BA, 15 1BD+1.5BA, two1BD+2BA and two 2BD+1BA units. The light-filled apartments have in-unit washers/dryers, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, walk-in closets, and central A/C and heat. In addition, community amenities include a rooftop sky deck, controlled access, reserved gated parking, elevator, and an online rent and maintenance portal.552 N Hobart is a short distance from the world-famous Hollywood Walk of Fame, Paramount Pictures, Koreatown, Melrose District, Larchmont Village, Downtown L.A., Griffith Park/Observatory, and the Hollywood Bowl.

Commercial Active

Price

^$ 16,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.167608

Year Built

2022

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024348673

Features

General

Zoning LAR3

Year Built 2022

County Los Angeles

Property Type F

Status Active

City Los Angeles

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 0.0

Street Name Hobart

Standard Status Active

Exterior

Lot Size Area 15019.0

Lot Dimensions 49x149

Lot Size Acres 0.0

Land Lease Type Fee

Interior

Street Suffix Boulevard

Total Baths 0

* Excluded Features

List By

Edward Leon Matevosian

Listing Agent

Cb Richard Ellis, Inc.

Broker

Affordability Calculator

$111,765

Per Month

Monthly Principal & Interest: $111,765
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,154,174

Percent of Sale Price 87%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2024	$16,000,000		Listed Price

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552 North Hobart Boulevard, Los Angeles, CA, 90004 is a Commercial Property for sale at $16,000,000 with a lot size of 0.167608. 552 North Hobart Boulevard is a studio with 0.0 baths and was built in 2022. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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552 North Hobart Boulevard

Commercial Property for sale in Los Angeles, CA

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