641 Hobart_Property for Sale
641 Hobart_Property for Sale
641 North Hobart Boulevard, Los Angeles, CA, 90004, US

641 Hobart

Asset Description

JLL, as exclusive advisor, is pleased to present for sale 641 N Hobart Blvd (the “Property” or “641 Hobart”); a centrally located multifamily investment opportunity situated in the renowned Melrose Hill neighborhood of Los Angeles. 641 Hobart is a 16-unit, 4-story property comprised of bachelor, studio, 1- and 2-bedroom apartments.


Perfectly positioned at the crossroads of Melrose Hill, Hollywood, and Koreatown this exceptional Property offers an unparalleled blend of convenience and accessibility to a vast array of amenities. Boasting proximity to major employment centers throughout Los Angeles, this prime location ensures seamless connectivity to the city’s vibrant hubs. Notably, the area surrounding 641 Hobart is home to some of the most coveted submarkets in Los Angeles, with an unrivaled collection of high performing shopping centers, renowned dining establishments, and cultural landmarks. From the world-class culinary delights of Noshi Sushi, Osteria La Buca, and Café Gratitude, to the iconic presence of the Dolby Theatre and the internationally acclaimed Hollywood Bowl, this vibrant destination captivates both permanent residents and visitors alike, promising an unforgettable experience of all that the area has to offer.

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Attributes

Year built
2023

Media

Investment Highlights

• 16-unit asset, built in 2023 on the beautiful palm tree-lined Hobart Blvd

• Prime location in the heart of Central LA between the desirable neighborhoods of Melrose Hill, Hollywood, and Koreatown

• Features a rare private rooftop with 360-degree views of Los Angeles

• Unit Mix: (1) Bachelor, (1) Studio, (10) 1 Bed / 1 Bath, (4) 2 Bed / 2.5 Bath Townhome Units

• New construction with best-in-class finishes including quartz countertops, recess lighting, vinyl plank floors, & gooseneck faucets

• Private, gated, subterranean parking garage containing 19-spaces

• Ease of ownership: low operating expenses - tenants reimburse for utilities

• Perfect for a private client seeking positive cashflow day one or actively in a 1031 exchange

• 93 Walk Score

641 Hobart 4_Property for Sale
641 Hobart 4_Property for Sale

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641 Hobart (0 Properties)

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Last updated
29 Oct 2024