605 N Hobart Boulevard
Los Angeles, CA, 90004
$
1,439,000
Baths3.0
Sq
2,935
Monthly Estimate*
$
8,977
Listed by Bricxone Realty, Inc.
Studio 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.
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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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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
0
Property Type
Residential Income
HOA
0
MaintenanceExpense
900
Garage Y/N
1
Special Listing Conditions
Standard
Status
Active
Directions
South of Melrose East from Western.
City
Los Angeles
Entry Location
Front Door
Senior Community Y/N
0
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
0
Land Lease Y/N
0
Trash Expense
0
Additional Parcels Y/N
0
Rent Control Y/N
1
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
1
Heating Y/N
1
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
0
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
- Monthly Principal & Interest
- $8,977
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save
Nearby
Multi-family listings in Los Angeles, CA
Average List Price
$1,903,962
Percent of Sale Price
32%
About Los Angeles, CA
3,920,026
Population
6%
Since 2002
$
55,057
Median Income
36.82
Median Age
27%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338
Elementary School
4827337
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
11/20/2025
|
$1,439,000
|
|
Listed Price
|