641 N Hobart Blvd, Los Angeles, CA 90004

$6,795,000
18
BD
24
BA
16,035
SqFt

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List Price
$6,795,000
MLS#
26105498
Year Built
2023
Bedrooms
18
Bathrooms
24
Living Sq. Ft
16,035
Lot Size
7,508
Days on Market
1
Property Type
Multifamily
Stories
4

Property Description

641 N Hobart Blvd is a 16-unit apartment building completed in 2023 in Melrose Hill, one block south of Melrose Ave. The four-story building has an elevator, a gated 19-space subterranean garage and a rooftop deck with Hollywood Hills views. Units feature in-unit washer/dryers, central A/C, quartz counters, stainless appliances and vinyl plank flooring. The unit mix is 1 bachelor, 1 studio, 10 one-bedrooms (including 1 affordable unit) and 4 two-bed / 2-bath townhomes. Residents reimburse utilities through RUBS and submetering. The buildings in-place rents are below current new-construction comps, which leaves room to grow income as leases turn. Gross building area is 16,035 SF on a 7,505 SF LAR3 lot.

Additional Information

Other Buildings
None
Heat
Central
Cooling
Air Conditioning, Central
Number of Cars in Garage
Covered Parking, Subterranean

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Courtesy of STLiving, Inc., Paul Schon - CA DRE#01847860

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