552 N Hobart Boulevard Los Angeles, CA ^$ 16,000,000

552 N Hobart Boulevard

^$ 16,000,000

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552 N Hobart Boulevard

Los Angeles, CA, 90004

^$ 16,000,000

Studio Baths0.0

Monthly Estimate*

^$ 111,765

Listed by CB Richard Ellis, Inc.

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 1

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 2

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 3

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 4

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 5

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 6

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 7

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 8

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 9

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 10

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 11

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 12

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 13

552 N Hobart Boulevard, Los Angeles, CA 90004 - Image 14

Studio

Commercial Property for sale in Los Angeles, CA

for $16,000,000. This building was built in 2022 on a lot size of 0.3448.

Built in 2022, 552 N Hobart is a deluxe building featuring 27 apartment homes and is part of two sizzling L.A. neighborhoods Hollywood and Koreatown. The artfully designed property offers contemporary-style flats with large arched windows and spacious floor plans, averaging900 SF. The sought-after unit mix consists of one studio, seven 1BD+1BA, 15 1BD+1.5BA, two1BD+2BA and two 2BD+1BA units. The light-filled apartments have in-unit washers/dryers, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, walk-in closets, and central A/C and heat. In addition, community amenities include a rooftop sky deck, controlled access, reserved gated parking, elevator, and an online rent and maintenance portal.552 N Hobart is a short distance from the world-famous Hollywood Walk of Fame, Paramount Pictures, Koreatown, Melrose District, Larchmont Village, Downtown L.A., Griffith Park/Observatory, and the Hollywood Bowl.

Commercial Active

Price

^$ 16,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.3448

Year Built

2022

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24348673

Days on Market

104

Features

General

Zoning LAR3

HOA 0.0

Year Built 2022

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Hobart between Clinton and Maplewoood.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 27

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 15019.0

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 47

Standard Status Active

Exterior

Total Parking 52.0

Lot Size Area 15019.0

Number of Buildings 1

Spa N

Building Area Total 0.0

Lot Dimensions 49x149

Lot Size Acres 0.3448

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Boulevard

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 552

* Excluded Features

List By

Cb Richard Ellis, Inc.

Broker

(818) 502-6744

Phone

Affordability Calculator

$111,765

Per Month

Monthly Principal & Interest: $111,765
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

Commerical listings in Los Angeles, CA

Average List Price ^$2,169,774

Percent of Sale Price 86%

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
1/18/2024	$16,000,000		Listed Price

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552 N Hobart Boulevard, Los Angeles, CA, 90004 is a Commercial Property for sale at $16,000,000 with a lot size of 0.3448. 552 N Hobart Boulevard is a studio with 0.0 baths and was built in 2022. 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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552 N Hobart Boulevard

Commercial Property for sale in Los Angeles, CA

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