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1256 N Hobart Boulevard

Los Angeles (City), CA 90029
  • $2,400,000
  • STATUS: Active
  • ON SITE: 73 Days
  • ID#: 25630655
UPDATED: 81 min ago
$2,400,000
  • 11
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,964
    SQFT
  • $483
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2018
County:

School Ratings & Info

Listing Agent(s): Nathan Shaolian of Kidder Mathews of California, Inc. (310-312-1800)


Description

PRICE REDUCED BY $200K! ONE UNIT DELIVERED VACANT! PREMIER OWNER-USER OPPORTUNITY IN THE HEART OF EAST HOLLYWOOD. Kidder Mathews is pleased to present 1256 N Hobart Avenue, a 4-unit owner-user investment opportunity located in the Little Armenia neighborhood of East Hollywood, CA. One (2-bedroom, 2.5-bath) unit is delivered vacant, creating an immediate opportunity for an owner-user to occupy a modern residence while generating rental income from the remaining units. Built in 2018, the property features contemporary, modern-style units with large, well-designed floor plans, offering newer construction in a supply-constrained submarket. The building totals 4,964 SF on a 6,626 SF lot, with tenants paying all utilities, supporting strong operating efficiency. The unit mix includes two (2-bedroom, 2.5-bath) units, one (3-bedroom, 3-bath) unit, and one (4-bedroom, 3-bath) unit-an ideal configuration for families and owner-users seeking larger living spaces. Offered at $524 per square foot, 1256 N Hobart Avenue represents a compelling opportunity to acquire a modern, well-located multifamily asset with immediate owner-user functionality and durable long-term fundamentals.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T14:30:09.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171564642
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1256 N Hobart Boulevard Los Angeles (City), CA 90029

  • Price: $2,400,000
  • Status: Active
  • On Site: 73 Days
  • Updated: 81 min ago
  • ID#: 25630655
11
Beds
0
Baths
0
½ Baths
0.15
Acres
4,964
SQFT
$483
$/SQFT
2018
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
PRICE REDUCED BY $200K! ONE UNIT DELIVERED VACANT! PREMIER OWNER-USER OPPORTUNITY IN THE HEART OF EAST HOLLYWOOD. Kidder Mathews is pleased to present 1256 N Hobart Avenue, a 4-unit owner-user investment opportunity located in the Little Armenia neighborhood of East Hollywood, CA. One (2-bedroom, 2.5-bath) unit is delivered vacant, creating an immediate opportunity for an owner-user to occupy a modern residence while generating rental income from the remaining units. Built in 2018, the property features contemporary, modern-style units with large, well-designed floor plans, offering newer construction in a supply-constrained submarket. The building totals 4,964 SF on a 6,626 SF lot, with tenants paying all utilities, supporting strong operating efficiency. The unit mix includes two (2-bedroom, 2.5-bath) units, one (3-bedroom, 3-bath) unit, and one (4-bedroom, 3-bath) unit-an ideal configuration for families and owner-users seeking larger living spaces. Offered at $524 per square foot, 1256 N Hobart Avenue represents a compelling opportunity to acquire a modern, well-located multifamily asset with immediate owner-user functionality and durable long-term fundamentals.
Exterior Features

Attached Garage YN Yes Carport Spaces 2 Carport YN Yes Open Parking Spaces 5 Parking Features AssignedCoveredPavedPrivate Parking Total 8

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 5.48 Garage YN Yes Gross Income 170934 Levels TwoMulti/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 131484 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGasJanitorial ServiceTrash CollectionWater Zoning LARD1.5



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T14:30:09.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Nathan Shaolian of Kidder Mathews of California, Inc. (310-312-1800)