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605 N Hobart Boulevard Los Angeles, CA $ 1,439,000
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$ 1,439,000 Get more info
605 N Hobart Boulevard
$ 1,439,000
Back to search
Share Save

605 N Hobart Boulevard

Los Angeles, CA, 90004
$ 1,439,000
Baths3.0 Sq 2,935

Monthly Estimate*

$ 8,860

Listed by Bricxone Realty, Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,439,000 with 3 full baths. This 2,935 square foot home was built in 1923 on a lot size of 0.1723.

<> Welcome to an outstanding investment opportunity in the vibrant heart of East Hollywood, Los Angeles! This exceptional triplex offers the ultimate in Hollywood living, blending modern comfort, security, and unbeatable location: centrally located in Koreantown, near Hollywood, within walking distance to Paramount Studios, Dodger Stadium, and with easy access to the 101 Freeway. Whether you’re a 1031 exchange or long-term investor, seeking strong cash flow, or looking for a spacious home with income-producing units. Don’t miss your chance to own this rare East Hollywood gem-perfect for savvy investors and owner-users alike! Contact us today to schedule a private tour and secure your place in one of LA’s most dynamic neighborhoods. **Property Highlights: Front House (605 N Hobart): Experience space in this extra-large, approximately 1,700 SF front house, which was completely remodeled in 2017 (except for the frame). It offers central air & heat, a brand-new kitchen with full appliances (refrigerator, gas stove, dishwasher, washer & dryer), and three (3) bedrooms and three (3) bathrooms. The front yard offers ample parking for up to 4 cars. Currently occupied by a solid tenant, ensuring immediate income. Rear Units (607 & 609 N Hobart): Both rear units were newly built in 2017, each with 1 bedroom, 1 bathroom, central air conditioning, and a full suite of appliances. Each unit enjoys its own separate entrance from the alley operated by the automated gate and has two (2) dedicated parking spaces. The property is secured with automatic front and rear gates and a Ring security camera system for peace of mind. Each unit is equipped with its own electric and water meters; tenants pay all utilities, including electricity, gas, trash, and water. ***Investment Highlights: (1)Completely remodeled and newly built units (2017) (2)All units have separate utilities- tenants cover all bills (3)Automated security gates and a Ring security camera system (4)Fully furnished units with new appliances (5)Ample parking: Up to 8 cars can be accommodated, a rare find in this area. (6)R3 zoning with significant upside for long-term investors or 1031 exchange opportunities (7)The property's cap rate stands at 6%.

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Multi-Family Active

Price

$ 1,439,000

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1723

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW25099626

Days on Market

271
Features
General
Sewer Public Sewer
Heating Central High Efficiency
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Disposal Gas Oven Gas Range Gas Water Heater Microwave Refrigerator Water Heater
Zoning LAR3
HOA Fee 0
Garage Spaces 8
Pool Features None
Security Features Security System Carbon Monoxide Detector(s) Fire Detection System Fire Sprinkler System Security Gate 24 Hour Security Smoke Detector(s)
Year Built 1923
Tenant Pays All Utilities
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 90000
Community Features Curbs
County Los Angeles
Net Operating Income 86841
Operating Expense 900
Insurance Expense 2259
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 900
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions South of Melrose East from Western.
City Los Angeles
Entry Location Front Door
Senior Community Y/N false
Number Of Units Total 3
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 7505
Listing Terms Cash Conventional 1031 Exchange VA Loan
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 23
Property Sub Type Additional Triplex
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Interior
Flooring Laminate
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Insulated Windows
Laundry Features Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 8
Lot Size Area 7505
Number of Buildings 3
Building Area Total 2935
Lot Size Acres 0.1723
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
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* Excluded Features
List By
Bricxone Realty, Inc.

Broker

kevinlee4599@gmail.com

Email

Affordability Calculator

$8,860
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Monthly Principal & Interest
$8,860
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/20/2025 $1,439,000 Listed Price

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605 N Hobart Boulevard, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $1,439,000 with 2,935 sqft and a lot size of 0.1723. 605 N Hobart Boulevard is a studio with 3.0 baths and was built in 1923. The property's zip code is 90004 which is in Los Angeles, CA

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