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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11BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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4,964SQFT
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$483$/SQFT
School Ratings & Info
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.
Related Properties
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.
