
825 N Hobart Blvd Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated payment $11,331/month
About This Home
Welcome to 825 N Hobart Blvd, a prime East Hollywood investment opportunity. Nestled in the vibrant and rapidly evolving Melrose Hill enclave of East Hollywood, 825 N Hobart Blvd presents a rare opportunity to own a fully-permitted, income-generating asset in one of LA's most dynamic neighborhoods. This two-story triplex is complemented by two newly constructed 2-bedroom, 1-bathroom ADUs, offering a total of five distinct units: four 2-bed, 1-bath units, and one expansive 5-bed, 3-bath unit. Each unit is individually metered, providing ease of management and optimal utility efficiency for both tenants and ownership. Whether you're an investor seeking strong cash flow. With all work fully permitted, and a projected Cap Rate of 6.69% and GRM of 10.93, this asset checks all the boxes for value, performance, and long-term growth potential. Located next to some of LAs newest top restaurants, art galleries and production studios. This is a Must See!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,421
Year Built
- Built in 1924
Interior Spaces
- 4,312 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 13 Bedrooms
- 7 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 3 Parking Spaces
- Driveway
Additional Features
- 6,051 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 5535-026-010
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $14,421 | $1,167,328 | $466,931 | $700,397 |
2024 | $14,421 | $1,144,440 | $457,776 | $686,664 |
2023 | $14,147 | $1,122,000 | $448,800 | $673,200 |
2022 | $13,497 | $1,100,000 | $440,000 | $660,000 |
2021 | $9,161 | $725,000 | $435,000 | $290,000 |
2020 | $1,920 | $107,148 | $43,382 | $63,766 |
2019 | $1,865 | $105,048 | $42,532 | $62,516 |
2018 | $1,726 | $102,990 | $41,699 | $61,291 |
2016 | $1,613 | $98,993 | $40,081 | $58,912 |
2015 | $1,595 | $97,507 | $39,479 | $58,028 |
2014 | $1,628 | $95,598 | $38,706 | $56,892 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/02/2025 05/02/25 | Pending | -- | -- | -- |
04/11/2025 04/11/25 | For Sale | $1,850,000 | +68.2% | $429 / Sq Ft |
07/30/2021 07/30/21 | Sold | $1,100,000 | +10.6% | $298 / Sq Ft |
06/14/2021 06/14/21 | Pending | -- | -- | -- |
06/10/2021 06/10/21 | For Sale | $995,000 | +37.2% | $270 / Sq Ft |
12/17/2020 12/17/20 | Sold | $725,000 | -18.5% | $197 / Sq Ft |
10/14/2020 10/14/20 | Pending | -- | -- | -- |
10/09/2020 10/09/20 | For Sale | $890,000 | -- | $241 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,100,000 | Lawyers Title Company | |
Interfamily Deed Transfer | -- | Ticor Title Company Of Ca | |
Grant Deed | $725,000 | Ticor Title | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $1,520,000 | Construction | |
Closed | $1,270,000 | Commercial | |
Previous Owner | $753,700 | Construction |
Similar Homes in the area
Source: The MLS
MLS Number: 25524217

APN: 5535-026-010
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