
Los Angeles, California 90029
This Dual-Unit Residential Income Property is listed at $1,300,000, representing a stable entry point near its $1,264,657 Fair Market Value. Holding a Condition Rating of 4, the 1921-built duplex offers significant value-add potential through cosmetic updates to its dated interiors. The asset features Paid-off Solar Systems on both units and a highly desirable Melrose Hills Location minutes from Hollywood. With a 3-bedroom front house and a 1-bedroom rear unit, the property ensures high rental demand and utility. This is a strategic acquisition for Owner-Occupants seeking to offset mortgage costs or Buy-and-Hold Investors.
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 | $590 | - |
A 800 Hobart Boulevard Active | $1,300,000 List Price | 4 | 3 | 2,142 | $607 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1921, this property is over 100 years old and shows dated interior finishes. While the addition of solar panels is a modern upgrade, the bathroom tiling and bedroom fixtures appear to be from a renovation older than 20 years. The property is functional and move-in ready but requires cosmetic updates and minor repairs to meet modern standards.
This duplex configuration features a spacious 3-bedroom front house and a separate 1-bedroom rear unit, offering excellent flexibility for rental income, multi-generational living, or offsetting mortgage costs.
Both units come equipped with fully paid-off solar systems, providing significant long-term utility savings and increasing the property's overall efficiency and market appeal.
Situated in a highly desirable and tranquil neighborhood, the property offers immediate access to Hollywood's premier dining, nightlife, and entertainment hubs while maintaining a charming residential feel.
Originally built in 1921, the property may require ongoing maintenance or capital improvements to modernize aging systems and preserve its classic character.
While the area is served by some high-performing schools, several of the closest elementary and middle schools have lower ratings, which may be a drawback for education-focused buyers.
Welcome to 800 & 802 N Hobart Blvd, a charming duplex nestled in the highly desirable Melrose Hills neighborhood of Los Angeles. This beautiful classic Los Angeles property offers two separate units, each with its own private garage, along with solar systems on both homes, providing long-term energy savings and efficiency. The front home (800) features approximately 1,400 sq ft with 3 bedrooms and 2 bathrooms, offering a spacious layout filled with classic character and comfortable living. The rear unit (802) is a well-appointed 1 bedroom, 1 bathroom home spanning approximately 740 sq ft, perfect for rental income, extended family, or a private guest retreat. Ideally located just minutes from the heart of Hollywood, you’ll enjoy quick access to some of the best dining, entertainment, and nightlife Los Angeles has to offer, all while being tucked away in the charm and tranquility of Melrose Hills. Whether you're looking to live in one unit and rent the other to offset your mortgage, or accommodate multi-generational living, this property offers flexibility, value, and a prime location with 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 67% |
| Square foot | 2,142 | 2,142 | 50% |
| Lot Size | 7,281 | 7,281 | 50% |
| Price | $1.30M | $1.30M | 50% |
| Price per sq ft | $607 | $570 | 67% |
| Built year | 1921 | 1921 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 288 | 33% |
May 5, 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