641 N Hobart Boulevard Los Angeles, CA ^$ 7,550,000

641 N Hobart Boulevard

^$ 7,550,000

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641 N Hobart Boulevard

Los Angeles, CA, 90004

^$ 7,550,000

Bedrooms18 Baths29.0 Sq 16,035

Monthly Estimate*

^$ 52,739

Listed by ST Realty, Inc

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Multi-Family Home for sale in Los Angeles, CA

for $7,550,000 with 18 bedrooms and 29 full baths. This 16,035 square foot home was built in 2023 on a lot size of 0.1723.

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.

Multi-Family Active

Price

^$ 7,550,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Contemporary

Lot Size

0.1723

Year Built

2023

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

22203279

Days on Market

582

Features

General

Heating Central

Cooling CentralAir

Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer

Zoning LAR3

Architectural Style Contemporary

Year Built 2023

Levels MultiSplit

Gross Income 492000.0

County Los Angeles

Net Operating Income 340922.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions google

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 16

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 7506.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Hobart

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 540

Standard Status Active

Year Built Source Estimated

Cap Rate 4.5

Exterior

Parking Features Covered

Total Parking 19.0

Lot Size Area 7506.0

Number of Buildings 1

Spa N

Building Area Total 16035.0

Lot Dimensions 50x150

Lot Size Acres 0.1723

Lot Size Units SquareFeet

Lot Size Source Builder

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 4

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Boulevard

Total Bedrooms 18

Electric On Property Y/N N

Total Baths 29

Internal Only

Street Number 1 641

* Excluded Features

List By

St Realty, Inc

Broker

(858) 361-9334

Phone

Affordability Calculator

$52,739

Per Month

Monthly Principal & Interest: $52,739
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,002,074

Percent of Sale Price 73%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/6/2024	$7,550,000		Listed Price

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641 N Hobart Boulevard, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $7,550,000 with 16,035 sqft and a lot size of 0.1723. 641 N Hobart Boulevard has 18 bedrooms, 29.0 baths, and was built in 2023. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/30/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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641 N Hobart Boulevard

Multi-Family Home for sale in Los Angeles, CA

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