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800 N Hobart Blvd
Los Angeles, CA 90029

$1,050,000 USD

Apartments For Sale • 2,142 SF

Property Details

Property Type Apartments
Total Building Size 2,142 SF
Lot Size 0.16 AC
Year Built 1921
Cap Rate 7.32 %
Zoning RD1.5-1XL

59 Transit Score

89 Walk Score

                
                    Highlights
                
                                Duplex on Over ±7,280 SF Lot in the Heart of Melrose Hill
                            
                                Value-Add Opportunity 13% Upside in Rents
                            
                                Upside Redevelopment Potential TOC Tier 2 Location (RD1.5-1XL Zoning)

Property Flyers

MUTOOF® - 800 N Hobart Blvd, Los Angeles, CA 90029

Financial Summary (Proforma)

Net Operating Income: $76,839 USD (2024)

Cap Rate:	7.32 %
Total Expenses:	$19,773 USD

Amenities

Air Conditioning
Washer/Dryer Hookup

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	8 min	-	4.7 mi
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	5.9 mi
Airport	Drive	Walk	Distance
Bob Hope	19 min	-	10.8 mi
Los Angeles International	26 min	-	13.7 mi
Long Beach (Daugherty Field)	37 min	-	27.3 mi

John Ha 424-666-8133 MUTOOF®

800 N Hobart Blvd Los Angeles, CA 90029