Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90004 641 N Hobart Boulevard

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Presented By: Paul Schon with ST Realty, Inc;
  • MLS# 25477669
  • 01/07/2025
  • Request Tour
  • Request Info
  • Beds • 19
  • Baths • 22
  • SQFT • 16,035
  • Year Built • 2023

Home Details

JLL, as exclusive advisor, is pleased to present for sale 641 N Hobart Blvd (the "Property" or "641 Hobart"); a centrally located multifamily investment opportunity situated in the renowned Melrose Hill neighborhood of Los Angeles. 641 Hobart is a 16-unit, 4-story property comprised of bachelor, studio, 1- and 2-bedroom apartments. Perfectly positioned at the crossroads of Melrose Hill, Hollywood, and Koreatown this exceptional Property offers an unparalleled blend of convenience and accessibility to a vast array of amenities. Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city's vibrant hubs. Notably, the area surrounding 641 Hobart is home to some of the most coveted submarkets in Los Angeles, with an unrivaled collection of high performing shopping centers, renowned dining establishments, and cultural landmarks. From the world-class culinary delights of Noshi Sushi, Osteria La Buca, and Caf Gratitude, to the iconic presence of the Dolby Theatre and the internationally acclaimed Hollywood Bowl, this vibrant destination captivates both permanent residents and visitors alike, promising an unforgettable experience of all that the area has to offer.
Presented By: Paul Schon with ST Realty, Inc;

Interior Features for 641 N Hobart Boulevard

Bedrooms

Total Bedrooms19

Bathrooms

Half Baths0
Total Baths22
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesCeilingFans
Total Stories4

General for 641 N Hobart Boulevard

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer
Attached Garage No
Cap Rate4.57
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CoolingCentralAir
CountyLos Angeles
DirectionsProperty is just east of Western and south of Melrose.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income449100.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7508.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income310420.0
New ConstructionYes
Number Of Units Total16
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built2023
Year Built SourceBuilder
ZoningLAR3

Exterior for 641 N Hobart Boulevard

Building Area Total16035.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x150
Lot Size Acres0.1724
Lot Size Area7508.0
LotDimensionsSourceAssessor
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesUnderground
Private PoolNo
SpaNo
Total Parking19.0
WaterfrontY/NNo

Additional Details

Price History

Justin Hughey

Price $6,800,000
MLS#25477669
List Date 01/07/2025
Property Type Multi-Family
Request Tour
Request Info

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