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552 N Hobart Blvd 27 Unit Apartment Building For Sale Los Angeles, CA 90004
Investment Highlights
- The property has five parks within 4.9 miles,including Griff ith Park, MacArthur Park Lake and Echo Park Lake.
- Steps Away from Culture, Shopping, Entertainment, Education & Transit
- The property sits in the Wilshire Center-Koreatown neighborhood of Los Angeles.
- In-Demand Location for Young Professional and Artistic Renters
Executive Summary
Own a Stylish New Apartment Development at the Epicenter of Two of L.?A.?’s Hottest Neighborhoods
Built in 2022, 552 N Hobart is a deluxe building featuring 27 apartment homes and is part of two sizzling L.?A.? neighborhoods—Hollywood and Koreatown.? The artfully designed property offers contemporary-style flats with large arched windows and spacious floor plans, averaging 900 SF.? The sought-after unit mix consists of one studio, seven 1BD+1BA, 15 1BD+1.5BA, two 1BD+2BA and two 2BD+1BA units.?
The light-filled apartments have in-unit washers/dryers, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, walk-in closets, and central A/C and heat.? In addition, community amenities include a rooftop sky deck, controlled access, reserved gated parking, elevator, and an online rent and maintenance portal.?
552 N Hobart is a short distance from the world-famous Hollywood Walk of Fame, Paramount Pictures, Koreatown, Melrose District, Larchmont Village, Downtown L.?A.?, Griffith Park/Observatory, and the Hollywood Bowl.?
Built in 2022, 552 N Hobart is a deluxe building featuring 27 apartment homes and is part of two sizzling L.?A.? neighborhoods—Hollywood and Koreatown.? The artfully designed property offers contemporary-style flats with large arched windows and spacious floor plans, averaging 900 SF.? The sought-after unit mix consists of one studio, seven 1BD+1BA, 15 1BD+1.5BA, two 1BD+2BA and two 2BD+1BA units.?
The light-filled apartments have in-unit washers/dryers, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, walk-in closets, and central A/C and heat.? In addition, community amenities include a rooftop sky deck, controlled access, reserved gated parking, elevator, and an online rent and maintenance portal.?
552 N Hobart is a short distance from the world-famous Hollywood Walk of Fame, Paramount Pictures, Koreatown, Melrose District, Larchmont Village, Downtown L.?A.?, Griffith Park/Observatory, and the Hollywood Bowl.?
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 27 | Lot Size | 0.34 AC |
| Property Type | Multifamily | Building Size | 25,050 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2022 |
| Zoning | R3 | ||
| Sale Type | Investment |
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 25,050 SF |
| No. Stories | 4 |
| Year Built | 2022 |
| Zoning | R3 |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Patio
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Gated
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 475 |
| 1+1 | 7 | - | 800 |
| 1+1.5 | 17 | - | 850 - 900 |
| 2+1 | 2 | - | 1,000 |
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5521-011-030 | Improvements Assessment | $11,039,268 CAD |
| Land Assessment | $8,602,027 CAD | Total Assessment | $19,641,296 CAD |
Property Taxes
Parcel Number
5521-011-030
Land Assessment
$8,602,027 CAD
Improvements Assessment
$11,039,268 CAD
Total Assessment
$19,641,296 CAD
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552 N Hobart Blvd
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