605 N Hobart Boulevard, Los Angeles, CA 90004 - Berkshire Hathaway HomeServices California Properties

<> 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%.

Property type: Triplex (Multi-Family)

Status: Active

MLS# PW25099626

List price is $1,439,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1923

1 story

0.17 acres

Lot size: 0.1723

County: Los Angeles

Zoning: LAR3

Appliances: Dishwasher,Disposal,Gas Oven,Gas Range,Gas Water Heater,Microwave,Refrigerator,Water Heater

Lot description: TwoToFiveUnitsAcre

Heating/cooling: Central Air

Heating description: Central,High Efficiency

MLS area: C17 - Mid-Wilshire

Last Updated: 5/13/2025

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.082000, -118.306084.
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Listing Agent: Kevin Lee
Lic#: 01276603
Office Name: Tustin

No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National: