949 N Hobart Boulevard, Hollywood, CA 90029

$2,525,000
5,522
SqFt
Sold Price
$2,525,000
List Price
$2,550,000
Closing Date
Mar 05, 2020
Status
CLOSED
MLS#
BB19233880
Year Built
2019
Living Sq. Ft
5,522
Lot Size
7,355
Acres
0.1688
Lot Location
Front Yard, Landscaped, Level with Street, Level, Near Public Transit, Sprinklers Drip System, Yard
Days on Market
77
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
Two Level

Property Description

949 N Hobart is a gorgeous 2019 construction fourplex located in the Hollywood Studio District moments from Paramount, Netflix, Sunset Gower Studios and much more! 949 N Hobart is expected to be completed in November 2019. Get your offers in early to lock this deal up at an amazing price of $2,550,000 and 5.41% cap rate! 949 N Hobart is made up of two 2-story duplexes. The front duplex consists of two 3 bed/2.5 bath units that are side-by-side townhome style. The rear duplex is made up of one 3 bed/2 bath unit and one 4 bed/3 bath with one unit on the bottom floor and one unit on the top floor. The units feature stainless steel appliances, high quality finishes, spacious floor plans and washer/dryer hookups in each unit. This fourplex is located between Melrose and Santa Monica Blvd, minutes from trendy Larchmont Village, action packed Sunset and Vine, and an unlimited supply of nearby studios, entertainment jobs, bars, restaurants, and neighborhood conveniences!

Additional Information

Tract Number
Cahuen
Lot Description
Curbs, Sidewalks, Street Lights
Appliances
Dishwasher, Freezer, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater
Pool Description
None
Fireplace Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$177,600
Operating Expense
34270

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Elizabeth Maddox from The 2-4 Unit Specialists

Listing sold by Bijan Sheikhvand from Landmark California Realty