605 N Hobart Boulevard
Los Angeles, CA 90004
Listing provided courtesy of: Bricxone Realty, Inc.
Property Description
<<Exceptional East Hollywood Triplex – Prime Income Opportunity>>
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:
Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater Central Air Laminate Security System, Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Smoke Detector(s), 24 Hour Security Public Sewer Insulated Windows
| Price: | $1,439,000 |
| Interior (SQFT): | 7,505 |
| Lot Size (SQFT): | 7,505 |
| Property Type: | Residential Income |
| Year Built: | 1923 |
Listing provided courtesy of: Bricxone Realty, Inc.. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Based on information from California Regional MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. © 2025 by California Regional MLS. All rights reserved. Listing last updated on 05/13/2025 08:32:59
