1405 N Hobart Blvd, Los Angeles, CA 90027
1405 N Hobart Blvd
Los Angeles 90027
Classic 1930 Hollywood Spanish 8-unit apartment building beautifully maintained and upgraded. Enter into a lush courtyard to eight one-bedroom/one-bath units with loads of charm and character. Alluring archways at every turn, entirely gated and hedged for added privacy. On-site parking with 9 uncovered spaces on the property, and laundry hookups for each unit. Located just south of Sunset Blvd with a Walk Score of 90, residents have great access to dining, shopping, galleries, theaters, and entertainment. Conveniently located between Los Feliz and Larchmont Village. A throwback to the Golden Age of Hollywood, this is the perfect investment opportunity in a prime location. The property generates approximately $145,000 of annual Net Income and has a cap rate of 4.