800 N Hobart, Los Angeles, California 90029, Los Angeles, 90029 - 4 bed, 3 bath
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Los Angeles, California 90029
This Duplex Residential Income property is a Strong Value Opportunity, listed at $1,300,000—positioned above the $1,197,683 Fair Market Value. While priced at a premium, the property offers significant utility through its Dual-Unit Income Potential and Solar Systems. With a Condition Rating of 3, the home is move-in ready, providing immediate rental revenue or flexible living arrangements. Located in the central Melrose Hills neighborhood, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through a high-demand rental unit.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 800 N Hobart Subject | $1,300,000* List Price | 4 | 3 | 2,142 | $559 | - |
A 1203 N Normandie Avenue Sold | $1,195,000 | 4 | 2 | 2,097 | $570 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1921, the property shows evidence of a mid-range renovation (likely 10-15 years ago) based on the bathroom finishes and bedroom condition. The addition of solar panels indicates proactive maintenance of systems, and the units appear functional and move-in ready, fitting the criteria for a well-maintained older home with previous updates.
The duplex configuration, featuring a 3-bedroom front house and a 1-bedroom rear unit, provides exceptional versatility for owner-occupiers looking to offset their mortgage or investors seeking high-demand rental income.
Situated in a highly sought-after central hub, the property offers immediate proximity to Larchmont Village, Hollywood, and Koreatown, ensuring strong long-term appreciation and low vacancy rates.
Both residences are equipped with solar systems, offering a significant value-add that reduces utility overhead and enhances the property's appeal to eco-conscious tenants.
Originally built in 1921, the property may require ongoing maintenance or capital improvements to aging systems typical of homes from this era to maintain modern functionality.
The local public school scores are inconsistent, with several nearby elementary and middle schools carrying lower ratings, which may limit the property's appeal to families prioritizing education.
800 & 802 N Hobart Blvd presents a rare opportunity to own a character-filled duplex in the heart of Los Angeles' highly sought-after Melrose Hills neighborhood. Combining classic architecture, income potential, and an unbeatable central location, this property offers the versatility today's buyers are searching for. The front residence (800) features approximately 1,400 square feet with 3 bedrooms and 2 bathrooms, offering spacious living areas, abundant natural light, and the timeless charm that defines classic Los Angeles homes. The rear residence (802) includes approximately 740 square feet with 1 bedroom and 1 bathroom, creating an ideal setup for rental income, multi-generational living, a private guest residence, or a dedicated work-from-home space. Each home enjoys the convenience of its own private garage and separate living quarters, providing privacy and functionality rarely found in urban properties. Both residences are equipped with solar systems, offering added energy efficiency benefits. Positioned just minutes from Hollywood, Larchmont Village, Koreatown, Downtown Los Angeles, and some of the city's most celebrated restaurants, entertainment venues, shopping destinations, and nightlife, this location places the very best of Los Angeles at your doorstep. Whether you're looking to offset your mortgage by renting one unit while living in the other, create a comfortable setup for extended family, or acquire a prime investment property in a high-demand rental market, this duplex delivers exceptional flexibility and long-term value. Opportunities like this are increasingly difficult to find in such a desirable Los Angeles location. A true Melrose Hills gem offering charm, convenience, and endless potential.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 5.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,142 | 2,250 |
| Lot Size | 7,281 | 5,864 |
| Price | $1.30M | $826.7K |
| Price per sq ft | $607 | $395 |
| Built year | 1921 | 1925 |
| HOA | $0 | $0 |
| Days on market | 35 | 83 |
Jun 17, 2026
$1,300,000
Initial Listing
Apr 2, 2013
$525,000
Public Record
Jul 7, 2011
$270,000
Public Record
Jun 8, 2011
$210,000
Public Record