825 N Hobart Boulevard, Los Angeles, CA 90029

About this property

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!

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$1,825,000

Sold September 2025 · listed $1,850,000, on market April 2025 · MLS #25524217 · Source: CRMLS

Listing Agent: Edward Faktorovich · Listing Office: Figure 8 Realty · Contact: 213-537-0114 · Bought with: Justin Setareh · Figure 8 Realty

$1,100,000

Sold July 2021 · listed $995,000, on market June 2021 · MLS #21747038 · Source: CRMLS

Listing Agent: Scott Harvey · Listing Office: Figure 8 Realty · Contact: 213-537-0114 · Bought with: Edward Faktorovich · Figure 8 Realty

$725,000

Sold December 2020 · listed $890,000, on market October 2020 · MLS #20644702 · Source: CRMLS

Listing Agent: Anubhav Kawatra · Listing Office: Anubhav Kawatra · Contact: 818-456-7846 · Bought with: Anubhav Kawatra · Anubhav Kawatra

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