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MUTOOF is pleased to present 800 N Hobart Blvd, Los Angeles, CA 90029. Duplex on over 7,280 SF lot in the heart of Melrose Hill. Huge value-add opportunity 13% upside in rents. Upside redevelopment potential TOC (Transit Oriented Communities) Tier 2 location that allows increased residential density (RD1.5-1XL zoning). Newly updated interior. 2.94 kW roof mounted photovoltaic solar system on both the main house and back unit which efficiently reduces electricity bills. Sub-metered. Walk Score of 90 (Walkers Paradise). Excellent location near the major transit stops, highways (US-101 & SR-2) and shopping centers. Just two miles west of Hollywood, and five miles east of Downtown L.A. The subject property consists of total two (2) units totaling 2,142 SF on a sizable 7,281 SF lot. Mix of total one (1) 3beds/2baths unit and one (1) 1bed/1bath unit. The duplex property is being sold "as-is." The main house will be delivered vacant, while the back unit tenant will remain in possession. DO NOT DISTURB TENANTS. Please submit an offer with POF. Shown upon accepted offer. Buyer is encouraged to independently verify the accuracy of any information through inspection(s), due diligence, and professionals. Broker and Agent do not guarantee the accuracy of any information concerning the size, condition, financials, or features of said property. Buyer to conduct their own due diligence and investigation of the property. Buyer and Buyer's agent to verify all information regarding the property to their full and complete satisfaction.
Property Type(s):
Commercial
| Last Updated | 11/19/2024 | Year Built | 1921 |
|---|---|---|---|
| Community | Hollywood | County | Los Angeles |
Price History
| Prior to Feb 26, '24 | $1,900,000 |
|---|---|
| Feb 26, '24 - Feb 27, '24 | $1,700,000 |
| Feb 27, '24 - Mar 3, '24 | $1,650,000 |
| Mar 3, '24 - Mar 9, '24 | $1,600,000 |
| Mar 9, '24 - Mar 22, '24 | $1,550,000 |
| Mar 22, '24 - Apr 23, '24 | $1,900,000 |
| Apr 23, '24 - Jun 21, '24 | $1,650,000 |
| Jun 21, '24 - Jun 24, '24 | $1,550,000 |
| Jun 24, '24 - Aug 6, '24 | $1,500,000 |
| Aug 6, '24 - Aug 20, '24 | $1,495,000 |
| Aug 20, '24 - Aug 26, '24 | $1,450,000 |
| Aug 26, '24 - Aug 28, '24 | $1,350,000 |
| Aug 28, '24 - Sep 3, '24 | $1,300,000 |
| Sep 3, '24 - Sep 5, '24 | $1,295,000 |
| Sep 5, '24 - Sep 12, '24 | $1,250,000 |
| Sep 12, '24 - Sep 18, '24 | $1,200,000 |
| Sep 18, '24 - Sep 20, '24 | $1,150,000 |
| Sep 20, '24 - Sep 28, '24 | $1,100,000 |
| Sep 28, '24 - Oct 10, '24 | $1,050,000 |
| Oct 10, '24 - Oct 14, '24 | $1,000,000 |
| Oct 14, '24 - Oct 18, '24 | $1,200,000 |
| Oct 18, '24 - Oct 22, '24 | $1,500,000 |
| Oct 22, '24 - Oct 31, '24 | $1,450,000 |
| Oct 31, '24 - Nov 6, '24 | $1,425,000 |
| Nov 6, '24 - Nov 15, '24 | $1,400,000 |
| Nov 15, '24 - Nov 18, '24 | $1,395,000 |
| Nov 18, '24 - Nov 18, '24 | $1,250,000 |
| Nov 18, '24 - Nov 19, '24 | $1,200,000 |
| Nov 19, '24 - Today | $1,100,000 |
Additional Details
| AREA | Hollywood |
|---|---|
| HOA DUES | 0 |
| LOT | 7281 sq ft |
| ZONING | LARD1.5 |
Location
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Listed with MUTOOF®
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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