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641 N Hobart Boulevard

Los Angeles (City), CA 90004
  • $7,750,000
  • STATUS: Active
  • ON SITE: 247 Days
  • ID#: 22203279
$7,750,000
  • 18
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,035
    SQFT
  • $483
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2022
County:

School Ratings & Info

Listing Agent(s): Paul Schon of St Realty, Inc (424-245-8438)


Description

ST Realty is pleased to present the opportunity to acquire a brand new, none rent controlled 16-unit apartment building in Hollywood. Built-in 2022, The Property, located at 641 N Hobart Blvd, offers a great unit mix with one studio, 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. 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 Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/133426799
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641 N Hobart Boulevard Los Angeles (City), CA 90004

  • Price: $7,750,000
  • Status: Active
  • On Site: 247 Days
  • ID#: 22203279
18
Beds
0
Baths
0
½ Baths
0.17
Acres
16,035
SQFT
$483
$/SQFT
2022
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
ST Realty is pleased to present the opportunity to acquire a brand new, none rent controlled 16-unit apartment building in Hollywood. Built-in 2022, The Property, located at 641 N Hobart Blvd, offers a great unit mix with one studio, 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.
Exterior Features

Architectural Style Contemporary Parking Features Covered Parking Total 19

Interior Features

Appliances DishwasherDisposalMicrowaveRefrigeratorDryerWasher Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association YN No Cap Rate 4.4 Gross Income 492000 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 340922 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-06-01T00:34:09.453. 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 Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Paul Schon of St Realty, Inc (424-245-8438)