$5,950,000
1409 N Hobart, Los Angeles CA 90027
Multi-Family (7 Units)
Property type
75 days
On market
$741
Price per sqft
10 cars
Garage
2024
Year built
8,627 sqft
Lot size
Home highlights
Open Houses
Overview
Modern Luxury Living in the Heart of Hollywood – Fully Reimagined 3BR Townhouse-Style Unit. Experience the perfect blend of historic character and contemporary sophistication at 1409 N Hobart. Originally built in 1923 and partially reconstructed in 2022, this exclusive 7-unit boutique community offers expansive, light-filled living in one of LA’s most vibrant neighborhoods....
Listing provided by: Dillon Perera DRE #01797577, Meldia Investment Realty of America
Listing updated: May 19, 2026 at 10:42pm.
Last checked: Jun 15, 2026 at 11:30am
Source: CRMLS #SB26065521
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,784 | $2,784 | $2,923 | Unfurnished |
| 1 | 2 | 2 | — | $2,808 | $2,808 | $2,948 | Unfurnished |
| 1 | 3 | 3 | — | $3,895 | $3,895 | $4,090 | Unfurnished |
| 1 | 3 | 3 | — | $3,995 | $3,995 | $4,195 | Unfurnished |
| 1 | 3 | 4 | — | $3,900 | $3,900 | $4,199 | Unfurnished |
| 1 | 3 | 4 | — | $4,070 | $4,070 | $4,274 | Unfurnished |
| 1 | 3 | 4 | — | $4,669 | $4,669 | $4,902 | Unfurnished |
# of Buildings: 2
# of Units Total: 7
Separate Electric Meters: 7
Separate Gas Meters: 7
Separate Water Meters: 0
Rent Control: Yes
Units Leased: 7
Total Actual Rent: $313,466
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
19.0x
List Price / Annual Gross Rent
Cap Rate
5.27%
NOI / List Price
Gross Scheduled Income: $313,466
Operating Expense: $0
Net Operating Income: $0
Annual Operating Expenses
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Balcony
Flooring: Wood
Cooling: Central Air
Heating: Central
Appliances: Dryer, Washer
Fireplace: None
Laundry: Inside, Dryer Included, Washer Included
Entry Location: Front, Back
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned, Driveway, Gated, Private, Garage Faces Rear
Garage Spaces: 10
Uncovered Spaces: 3
Carport Spaces: 3
Parking Total: 16
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 5544033020
Additional Parcels: No
Tax Lot: 39
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks