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Los Angeles, CA 90004 641 N Hobart Boulevard

$7,550,000

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Presented By: Paul Schon with ST Realty, Inc;
  • MLS# 22203279
  • 09/26/2022
  • Request Tour
  • Request Info
  • BedBeds • 18
  • BathBaths • 29
  • FootageSQFT • 16,035

Home Details

ST Realty is pleased to present the opportunity to acquire a brand new, non-rent controlled 16-unit apartment building in Hollywood. Built-in 2023, The Property, located at 641 N Hobart Blvd, offers a great unit mix with two studios, 1 and 2-bedroom flats, and townhomes. The property offers large spacious units with an average square footage of 755 SF. It also includes an in-unit washer & dryer, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, Central A/C, and heat and reserved parking. The Property is centrally located and a short distance from the World Famous Hollywood Walk of Fame, Paramount Studios, Netflix, Koreatown, Larchmont, Downtown, and the Hollywood Bowl.
Presented By: Paul Schon with ST Realty, Inc;

Interior Features for 641 N Hobart Boulevard

Bedrooms

Total Bedrooms18

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths29

Other Interior Features

LivingAreaSourceEstimated
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixBoulevard
Total Stories4

General for 641 N Hobart Boulevard

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Architectural StyleContemporary
Attached Garage No
Cap Rate4.5
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
Days on Market540
Directionsgoogle
Garage Y/NNo
Gross Income492000.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet7506.0
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income340922.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameHobart
Total Units16
View Y/NNo
Waterfront Y/NNo
Year Built2023
Year Built SourceEstimated
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 Acres0.1723
Lot Size Area7506.0
Lot Size SourceBuilder
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered
SpaNo
Total Parking19.0

Additional Details

Price History

1527188455

First Team Client Services

Price $7,550,000
MLS#22203279
List Date 09/26/2022
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors