$1,439,000

605 N Hobart Blvd Los Angeles, CA 90004

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 605 N Hobart Blvd

<<Exceptional East Hollywood Triplex – Prime Income Opportunity>> Welcome to an outstanding investment opportunity in the vibrant heart of East Hollywood, Los Angeles! This exceptional triplex offers the ultimate in Hollywood living, blending modern comfort, security, and unbeatable location: centrally located in Koreantown, near Hollywood, within walking distance to Paramount Studios, Dodger Stadium, and with easy access to the 101 Freeway. Whether you’re a 1031 exchange or long-term investor, seeking strong cash flow, or looking for a spacious home with income-producing units. Don’t miss your chance to own this rare East Hollywood gem-perfect for savvy investors and owner-users alike! Contact us today to schedule a private tour and secure your place in one of LA’s most dynamic neighborhoods. **Property Highlights: Front House (605 N Hobart): Experience space in this extra-large, approximately 1,700 SF front house, which was completely remodeled in 2017 (except for the frame). It offers central air & heat, a brand-new kitchen with full appliances (refrigerator, gas stove, dishwasher, washer & dryer), and three (3) bedrooms and three (3) bathrooms. The front yard offers ample parking for up to 4 cars. Currently occupied by a solid tenant, ensuring immediate income. Rear Units (607 & 609 N Hobart): Both rear units were newly built in 2017, each with 1 bedroom, 1 bathroom, central air conditioning, and a full suite of appliances. Each unit enjoys its own separate entrance from the alley operated by the automated gate and has two (2) dedicated parking spaces. The property is secured with automatic front and rear gates and a Ring security camera system for peace of mind. Each unit is equipped with its own electric and water meters; tenants pay all utilities, including electricity, gas, trash, and water. ***Investment Highlights: (1)Completely remodeled and newly built units (2017) (2)All units have separate utilities- tenants cover all bills (3)Automated security gates and a Ring security camera system (4)Fully furnished units with new appliances (5)Ample parking: Up to 8 cars can be accommodated, a rare find in this area. (6)R3 zoning with significant upside for long-term investors or 1031 exchange opportunities (7)The property's cap rate stands at 6%.

Highlights

Home typeTriplex
HeatingCentral, Forced Air
StatusActive
CoolingCentral Air
Lot size0.1723 Acres
Year built1923
MLS #PW25099626
Garage8 spaces

Summary

  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Flooring Type: Laminate
  • Garage Space: 8 spaces
  • Private Pool: No
  • Heating: Central, Forced Air
  • Cooling: Central Air
  • List Price: $1,439,000
  • Annual Tax Amount: $12,452
  • Tax Year: 2024
  • Directions: South of Melrose East from Western.
  • Year Built: 1923
  • Stories: 1
  • Lot Size: 0.1723 Acres
  • MLS Number: PW25099626
  • MLS Name: CRMLS
  • 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: 5/14/2025, 7:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of side of property with stucco siding

$1,439,000

605 N Hobart Blvd

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

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

Tax history

YearAssessmentProperty Tax
2024$991,536$12,452
2023$972,095$12,220
2022$953,035$11,666
2021$934,349$11,514
2020$924,770$11,177
2019$817,736$9,917
2018$801,703$9,705
2017$785,985$9,705

History based on county public records data.

Nearby schools

5

Harvard Elementary

Public District KG-5

0.4 mi

330 N Harvard Blvd

6

Alexandria Elementary School

Public District KG-5

0.5 mi

4211 Oakwood Ave

5

Van Ness Avenue Elementary

Public District KG-5

0.6 mi

501 N Van Ness Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

50%
<35k
44%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

40%
Single, No Kids
16%
Single, with Kids
19%
Married, No Kids
25%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • PopeyesPopeyes
  • White CastleWhite Castle

What do the neighbors drive?

  • HondaHonda
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 605 N Hobart Blvd in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $1,439,000.

In April 2025, from all listings sold in Los Angeles, CA there were more than 395 sold above asking price, over 328 sold below and more than 148 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 10.2% between March and April 2025. Listings spent 36 days on the market in April 2025, and had a median list price of $896,516 during the same period.

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

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