tomo logo

$1,249,000

Beds
5
sq ft
3,020

810 N Hobart Blvd, Los Angeles, CA 90029

810 N Hobart Blvd

Los Angeles, CA 90029

  • 30 days on market
This East Hollywood quadruplex is located in the highly desirable Melrose Hill area of Hollywood, recently rated as one of the coolest neighborhoods in the world. Walking distance to Lemon Grove Park, and close to all the studios, trendy restaurants, coffee shops and entertainment Hollywood has to offer. There are three one bedroom/one bathroom units, one of which has been entirely remodeled. There is a two bedroom/two bathroom unit, which has also been remodeled recently. This is a great opportunity for an investor or owner-occupied investor. This fourplex is in an area that is clearly moving up in value, with many brand-new apartments being constructed around this one, and we have priced it at the price of a 3-unit property!!! This is the best deal you will find in LA! East Hollywood has been in a resurgence, which makes it a great opportunity to own a property now before the prices become unattainable. The property has a recently added laundry area, and three of the units have tankless water heaters. The foundation has been bolted, along with many other upgrades, with permits. The property has been well maintained and has great upside in a great rental area.

Details

Property type

Lot size

7,280 sq ft

Price per sq ft

$414

Year built

1921

HOA

No

Price History

10/21/2024
CLAW

CLAW #24454825

Listed
$1,249,000
-7.14%
05/28/2024
CLAW

CLAW #24361991

Removed
$1,345,000
04/22/2024
CLAW

CLAW #24361991

Price change
$1,345,000
-3.58%

Schools & Community

Neighborhood: 

Hollywood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of The West

Loan start date

April 2015

Original loan amount

$180,000

Est. remaining balance

Not provided

Interest rate

2.97%

Loan type

Credit Line (Revolving)

Seller

Jirair Tossounian and Courtney Hukel

Lender

New Penn Financial Llc

Loan start date

March 2013

Original loan amount

$195,000

Est. remaining balance

$141,551

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Jirair Tossounian and Courtney Hukel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/20/2024 at 2:25 AM

Listing updated: 10/29/2024 at 5:15 AM

Listed by: Aram Yeghiayan, Los Angeles Realty Company, Inc. Phone #: (626) 840-1331

MLS: CLAW #24454825

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