1409 North Hobart, Los Angeles, CA 90027

$1,670,000
6
BD
3
BA
3,952
SqFt
Sold Price
$1,670,000
List Price
$1,750,000
Closing Date
Jan 16, 2019
Status
Closed
MLS#
18412934
Year Built
1923
Bedrooms
6
Bathrooms
3
Living Sq. Ft
3,952
Lot Size
8,624
Days on Market
44
Property Type
Multifamily

Property Description

ALL Vacant Triplex in the heart of Hollywood. 8,624 sq. ft. lot with alley in the back. R3 zoned, Tier 3! Great development site, located in LA State Enterprise Zone and Transit Priority Area. Possible to build 21 apartments (Buyer to verify & investigate)Owner user opportunity with almost 4000 Sq. Ft. of building plus garages in the back and $8,000 per month potential rental income with very low maintenance. Huge beautiful back yard with lots of fruit trees. All units individually metered for gas and electric. The property is close to Children's Hosp. Kaiser, Hollywood Presbyterian Hosp. American Film Institute, Griffith Park Observatory, Netflix & Viacom. Easy to show. Conveniently located South of Sunset on a double wide street adjacent to Los Feliz and Thai Town, North of Fountain.Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the property. Buyer to investigate.

Additional Information

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Cooling
None
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Courtesy of Keller Williams Beverly Hills, Monica S. Barragan - CA DRE#01724086 Selling Office: Keller Williams Beverly Hills.

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