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Sold for $1,825,000
  • $1,825,000

    825 N Hobart Blvd, Los Angeles, CA 90029

    13beds
    7baths
    4,312sqft
    Multi Family
    Built in 1924
    -- sqft lot
    $1,580,400 Zestimate®
    $423/sqft
    $3,365 Estimated rent

    Home value

    $1,580,400

    $1.34M - $1.85M

    $3,365/mo

    Zestimate® history
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    What's special

    Welcome to 825 N Hobart Blvd, a prime East Hollywood investment opportunity. Nestled in the vibrant and rapidly evolving Melrose Hill enclave of East Hollywood, 825 N Hobart Blvd presents a rare opportunity to own a fully-permitted, income-generating asset in one of LA's most dynamic neighborhoods. This two-story triplex is complemented by two newly constructed 2-bedroom, 1-bathroom ADUs, offering a total of five distinct units: four 2-bed, 1-bath units, and one expansive 5-bed, 3-bath unit. Each unit is individually metered, providing ease of management and optimal utility efficiency for both tenants and ownership. Whether you're an investor seeking strong cash flow. With all work fully permitted, and a projected Cap Rate of 6.69% and GRM of 10.93, this asset checks all the boxes for value, performance, and long-term growth potential. Located next to some of LAs newest top restaurants, art galleries and production studios. This is a Must See!

    Zillow last checked:

    Listing updated:

    Listed by:

    Edward Faktorovich DRE # 01401897 323-270-9303,

    Figure 8 Realty 213-537-0114,

    Jason Tuvia DRE # 01772495 818-212-2735,

    Marcus & Millichap

    Bought with:

    Justin Setareh, DRE # 02142832

    Figure 8 Realty

    Source: CLAW,MLS#: 25524217MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 7
    Heating
    • Wall
    Cooling
    • Air Conditioning
    Appliances
    • Included: Dryer, Dishwasher, Disposal, Range/Oven, Refrigerator, Washer
    Interior area
    • Total structure area: 4,312
    • Total interior livable area: 4,312 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,050 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5535026010
    • Zoning: LAR1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1924

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $423/sqft
    • Tax assessed value: $1,144,440
    • Annual tax amount: $14,565
    • Date on market: 4/11/2025

    Price history

    DateEventPrice
    9/2/2025Sold$1,825,000-1.4%$423/sqft
    Source: CLAW #25524217 Report a problem
    5/3/2025Pending sale$1,850,000$429/sqft
    Source: CLAW #25524217 Report a problem
    4/11/2025Listed for sale$1,850,000-13.9%$429/sqft
    Source: CLAW #25524217 Report a problem
    3/24/2025Listing removed$2,149,000$498/sqft
    Source: CLAW #25495519 Report a problem
    3/13/2025Price change$2,149,000-4.5%$498/sqft
    Source: CLAW #25495519 Report a problem
    3/6/2025Price change$2,250,000-9.8%$522/sqft
    Source: CLAW #25495519 Report a problem
    2/7/2025Listed for sale$2,495,000+126.8%$579/sqft
    Source: CLAW #25495519 Report a problem
    7/30/2021Sold$1,100,000+10.6%$255/sqft
    Source: CLAW #21747038 Report a problem
    6/17/2021Pending sale$995,000+37.2%$231/sqft
    Source: CRMLS #21747038 Report a problem
    12/18/2020Sold$725,000-18.5%$168/sqft
    Source: Public Record Report a problem
    10/15/2020Pending sale$890,000$206/sqft
    Source: Anubhav Kawatra #20644702 Report a problem
    10/9/2020Listed for sale$890,000$206/sqft
    Source: Anubhav Kawatra #20644702 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,565 +1%$1,167,328 +2%
    2024$14,421 +1.9%$1,144,440 +2%
    2023$14,147 +4.8%$1,122,000 +2%
    2022$13,497 +47.3%$1,100,000 +51.7%
    2021$9,161 +377%$725,000 +576.6%
    2020$1,920 $107,148 +2%
    2019$1,920 +11.3%$105,048 +2%
    2018$1,726 $102,990 +2%
    2017$1,726 +1.8%$100,972 +2%
    2016$1,696 +5.1%$98,993 +1.5%
    2015$1,613 -0.9%$97,507 +2%
    2014$1,628 $95,598 +2.5%
    2012-- $93,302 +2%
    2011-- $91,474 +0.8%
    2010-- $90,792 +5.9%
    2006-- $85,763
    2005-- $85,763 +4%
    2004-- $82,435 +1.9%
    2003-- $80,925 +2%
    2002-- $79,339 +4%
    2000-- $76,261
    Find assessor info on the county website

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,580,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,580,400