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552 N Hobart Blvd

Los Angeles, CA 90004
  • $13,500,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 21-797368
UPDATED: 28 min ago
$13,500,000
  • 30
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 27,153
    SQFT
  • $497
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:
Area:

School Ratings & Info

Description

Pleased to present the opportunity to acquire a brand new, none rent controlled 27 unit apartment building in Hollywood. Built in 2021, The Property, located at 552 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 900 SF. It also includes 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 the Combined LA/Westside Multiple Listing Service as of 2021-12-01T15:42:57.52. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/122609034
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552 N Hobart Blvd Los Angeles, CA 90004

  • Price: $13,500,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 28 min ago
  • MLS #: 21-797368
30
Beds
0
Baths
0
½ Baths
0.34
Acres
27,153
SQFT
$497
$/SQFT
2021
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Pleased to present the opportunity to acquire a brand new, none rent controlled 27 unit apartment building in Hollywood. Built in 2021, The Property, located at 552 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 900 SF. It also includes 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

Lot Size Area 15014 Other Structures None Parking Garage Assigned Style Contemporary Total Parking 29 View Description CityCity Lights View YN Yes

Interior Features

Baths Total 44.00 Cooling Air Conditioning Equipment DishwasherDryerElevatorFreezerGarbage DisposalMicrowaveWasherRange/OvenRefrigerator Heating Central

Property Features

ADACompliance Yes Assessed Total Value 2288880 Gross Income 864960 Gross Operating Income 864960 Like Units1 7 Like Units2 4 Like Units3 15 Like Units4 1 Net Operating Income 581075.00 Number Of Buildings 1 Number Of Units 27 Sale Type Standard Source Living Area Estimated Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 249285 Type Of Units Townhomes Water Heaters YN Yes Year Built Source Builder Zoning Lar3

Listing provided courtesy of Paul Schon DRE#01847860 of St Realty, Inc.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-01T15:42:57.52. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
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