3 months on rocket

605 N Hobart Blvd, Los Angeles, CA, 90004

$1,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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605 N Hobart Blvd, Los Angeles$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1923
HeatingCentral, Forced Air
CoolingCentral Air
MLS #PW24187248
Lot Size0.17 Acres
StatusActive

About 605 N Hobart Blvd

Welcome to an exceptional multifamily building situated in the heart of East Hollywood, Los Angeles. Discover the ultimate in Hollywood living with this stunning triplex, nestled in the heart of one of LA’s most iconic neighborhoods. This newly constructed property comprises three distinct units, offering a unique blend of spacious layouts and modern amenities. Six assigned parking spots are included with units, ensuring hassle-free parking. With its beautiful stone exterior and fully fenced in driveway, the triplex exudes both charm and security. The property's versatility makes it ideal for various lifestyles whether you're in search of a spacious family home, a comfortable space for co-living with roommates, or a lucrative investment opportunity to offset your mortgage by renting to friends and family. Enjoy the convenience of being close to major freeways and world-renowned entertainment venues. The property's cap rate stands at 5.7%.

Property Details

Property Features

Property Information:

  • Year Built: 1923
  • Stories: 1

Listing Office:

  • Office Name: Bricxone Realty, Inc.
  • Office Phone: (310) 502-4599
  • Listing Agent: Kevin Lee

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Flooring Type: Laminate

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: South of Melrose East from Western.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000

Tax Information:

  • Annual Amount: $11,515
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

605 N Hobart Blvd vs Los Angeles

97 DAYS ON ROCKET

+59 Days

$1,499,000

+$477.4K More

KEY TAKEAWAY

This property is $477.4K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24187248

Listing Office:

  • Office Name: Bricxone Realty, Inc.
  • Office Phone: (310) 502-4599
  • Listing Agent: Kevin Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 8:21:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 13, 2015Home Sold
$759,000
May 18, 2012Home Sold
$455,000
Mar 30, 1988Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,515$934,349
2020$11,177$924,770
2019$9,917$817,736
2018$9,706$801,703
2017$9,706$785,985

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1162545
5
/10

  • Harvard Elementary

  • 330 N Harvard Blvd

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-1162546
6
/10

  • Alexandria Elementary School

  • 4211 Oakwood Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-1162547
5
/10

  • Van Ness Avenue Elementary

  • 501 N Van Ness Ave

  • 0.58 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,242. The most common annual income of people living in Los Angeles, CA is less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90004›605 N Hobart Blvd

This home is located at 605 N Hobart Blvd in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This home, which was built in 1923, sits on a 0.17 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,499,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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