JLL, as exclusive advisor, is pleased to present for sale 641 N Hobart Blvd (the "Property" or "641 Hobart"); a centrally located multifamily investment opportunity situated in the renowned Melrose Hill neighborhood of Los Angeles. 641 Hobart is a 16-unit, 4-story property comprised of bachelor, studio, 1- and 2-bedroom apartments. Perfectly positioned at the crossroads of Melrose Hill, Hollywood, and Koreatown this exceptional Property offers an unparalleled blend of convenience and accessibility to a vast array of amenities. Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city's vibrant hubs. Notably, the area surrounding 641 Hobart is home to some of the most coveted submarkets in Los Angeles, with an unrivaled collection of high performing shopping centers, renowned dining establishments, and cultural landmarks. From the world-class culinary delights of Noshi Sushi, Osteria La Buca, and Caf Gratitude, to the iconic presence of the Dolby Theatre and the internationally acclaimed Hollywood Bowl, this vibrant destination captivates both permanent residents and visitors alike, promising an unforgettable experience of all that the area has to offer.
This property is $5.7M more than the Median Sold Price and $217/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #25477669
Listing Office:
Office Name: ST Realty, Inc
Office Phone: (424) 245-8438
Listing Agent: Paul Schon
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: 1/9/2025, 2:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 13, 2018
Dec 13, 2018Home Sold
$975,000
Feb 05, 2009
Feb 05, 2009Home Sold
$535,500
Dec 01, 2005
Dec 01, 2005Home Sold
$860,000
Aug 25, 2005
Aug 25, 2005Home Sold
$730,000
Aug 22, 2005
Aug 22, 2005Home Sold
$730,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,307
$1,278,933
2020
$14,999
$1,265,820
2019
$9,595
$1,241,000
2018
$9,390
$778,593
2017
$9,390
$763,327
History based on county public records data.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Harvard Elementary
330 N Harvard Blvd
Distance between this listing and this school0.41 miles
Public District Grades KG-5
6
/10
Alexandria Elementary School
4211 Oakwood Ave
Distance between this listing and this school0.53 miles
Public District Grades KG-5
5
/10
Van Ness Avenue Elementary
501 N Van Ness Ave
Distance between this listing and this school0.59 miles
Public District Grades KG-5
Nearby Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school1.05 miles
Public District Grades 6-8
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school1.06 miles
Public District Grades 6-8
3
/10
Camino Nuevo Charter Academy #2
3400 W 3rd St
Distance between this listing and this school1.39 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Richard A. Alonzo Community Day
5755 Fountain Ave
Distance between this listing and this school0.99 miles
Public District Grades 7-12
2
/10
Helen Bernstein High School
1309 N Wilton Pl
Distance between this listing and this school1.01 miles
Public District Grades 9-12
7
/10
STEM Academy of Hollywood
1309 N Wilton Pl
Distance between this listing and this school1.01 miles
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. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 641 N Hobart Blvd
What is the listing price of this property?
The listing price of 641 N Hobart Blvd property is $6,800,000.
What type of property is this?
The property 641 N Hobart Blvd is a house located in Los Angeles, California, 90004.
Is this property for sale now?
Active Listing: 641 N Hobart Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $15,307 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 13, 2018 for $975,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 641 N Hobart Blvd has 19 bedrooms and 22 bathrooms.
What is the square footage of this property?
The property 641 N Hobart Blvd is 16,035 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 641 N Hobart Blvd is 2023.
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This home is located at 641 N Hobart Blvd in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 16,035 square foot home, which was built in 2023, sits on a 0.17 acre lot. Features: 19 bedrooms, 22 bathrooms. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $6,800,000.
In December 2024, from all listings sold in Los Angeles, CA there were more than 524 sold above asking price, over 740 sold below and more than 203 were sold right at the asked price. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November 2024. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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