1610 N Hobart Boulevard, Los Angeles, California 90027, Los Angeles, 90027 - bed, bath

1610 N Hobart Boulevard, Los Angeles, California 90027 home-pic-0
ACTIVE$2,550,000
1610 N Hobart Boulevard, Los Angeles, California 90027
0Bed
0Bath
3,639Sqft
9,051Lot
Year Built
1914
Close
-
List price
$2.55M
Original List price
$2.55M
Price/Sqft
$701
HOA
-
Days on market
-
Sold On
-
MLS number
GD25122050
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.55M(86th), sqft - 3639(86th), beds - undefined(43th), baths - undefined(43th).

R3 Zoning! This exceptional gated triplex is located in the coveted 90027 area of Hollywood/Los Feliz. Each generous unit includes washer/dryer hookups, separate gas and electric meters, and a shared water meter. The front house, currently owner-occupied, is located on a spacious lot. With high housing demand in the neighborhood, this property represents a prime opportunity for investors and developers alike, offering significant growth potential. The zoning and lot size provide the opportunity to build additional units.

Nearby schools

4/10
Grant Elementary School
Public,K-60.5mi
7/10
Los Feliz STEMM Magnet
Public,K-60.7mi
3/10
Joseph Le Conte Middle School
Public,6-80.8mi
6/10
Thomas Starr King Middle School
Public,6-81.4mi
4/10
Helen Bernstein High School
Public,9-120.6mi
8/10
John Marshall Senior High School
Public,9-121.7mi
6/10
Hollywood Senior High School
Public,9-121.9mi

Price History

Date
Event
Price
06/01/25
Listing
$2,550,000
Condition Rating
Fair

Built in 1914, this property features interior updates that appear to be 15-25 years old. The kitchen has high-end, but stylistically dated, ornate wood cabinetry and busy granite countertops, paired with stainless steel appliances. The bathroom also shows dated tile and vanity styles. While well-maintained and functional, the aesthetic is outdated and would require minor updates to meet current design preferences.
Pros & Cons

Pros

R3 Zoning & Development Potential: The property boasts R3 zoning and a spacious lot, offering significant opportunity to build additional units, making it highly attractive for investors and developers.
Prime, High-Demand Location: Located in the coveted 90027 area of Hollywood/Los Feliz, the property benefits from high housing demand, ensuring strong rental and appreciation potential.
Income-Generating Triplex: As an existing triplex, the property provides immediate residential income streams, appealing to investors seeking cash flow.
Separate Utilities: Each unit features separate gas and electric meters, simplifying tenant billing and reducing landlord utility management burdens.
Tenant Amenities: All units include convenient washer/dryer hookups, a desirable amenity that enhances tenant appeal and retention.

Cons

Age of Property: Built in 1914, the property is over a century old, which may imply the need for significant capital expenditures for system upgrades or deferred maintenance.
Shared Water Meter: The shared water meter for all units could lead to complexities in billing tenants or increased utility costs for the landlord.
Owner-Occupied Unit: The front house being owner-occupied means one unit is not immediately available for rental income or redevelopment without the owner vacating, potentially delaying full income potential or project timelines.

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