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Property

Los Angeles, CA 90004 605 N Hobart Boulevard

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Presented By: Kevin Lee with Bricxone Realty, Inc.; 310-502-4599
  • MLS# PW25099626
  • 05/12/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 5
  • SQFT • 2,935
  • Garage • 8
  • Year Built • 1923

Home Details

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%.
Presented By: Kevin Lee with Bricxone Realty, Inc.; 310-502-4599

Interior Features for 605 N Hobart Boulevard

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesGasDryerHookup
Total Stories1
Window FeaturesInsulatedWindows

Other Rooms

Entry Level1

General for 605 N Hobart Boulevard

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, GasOven, GasRange, GasWaterHeater, Microwave, Refrigerator, WaterHeater
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs
CoolingCentralAir
CountyLos Angeles
DirectionsSouth of Melrose East from Western.
Electric On Property Y/NNo
Entry LocationFront Door
Garage Spaces8.0
Garage Y/NYes
Gross Income90000.0
HOANo
HOA Fee$0.0
HeatingCentral, HighEfficiency
Home Warranty Y/NNo
Insurance Expense2259.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, Exchange1031, VaLoan
Lot Size Square Feet7505.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MaintenanceExpense900.0
MobileHomeRemainsYNNo
Net Operating Income86841.0
New ConstructionNo
Number Of Units Total3
Operating Expense900.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesSecuritySystem, CarbonMonoxideDetectors, FireDetectionSystem, FireSprinklerSystem, SecurityGate, TwentyFourHourSecurity, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot23
Tenant PaysAllUtilities
Trash Expense0.0
Year Built1923
Year Built SourceAssessor
ZoningLAR3

Exterior for 605 N Hobart Boulevard

Building Area Total2935.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.1723
Lot Size Area7505.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters3
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $1,439,000
MLS#PW25099626
List Date 05/12/2025
Property Type Multi-Family
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