1256 Hobart, Los Angeles CA 90029 | $2,400,000

PRICE REDUCED BY $200K! ONE UNIT DELIVERED VACANT! PREMIER OWNER-USER OPPORTUNITY IN THE HEART OF EAST HOLLYWOOD. Kidder Mathews is pleased to present 1256 N Hobart Avenue, a 4-unit owner-user investment opportunity located in the Little Armenia neighborhood of East Hollywood, CA. One (2-bedroom, 2.5-bath) unit is delivered vacant, creating an immediate opportunity for an owner-user to occupy a modern residence while generating rental income from the remaining units. Built in 2018, the property features contemporary, modern-style units with large, well-designed floor plans, offering newer construction in a supply-constrained submarket. The building totals 4,964 SF on a 6,626 SF lot, with tenants paying all utilities, supporting strong operating efficiency. The unit mix includes two (2-bedroom, 2.5-bath) units, one (3-bedroom, 3-bath) unit, and one (4-bedroom, 3-bath) unit-an ideal configuration for families and owner-users seeking larger living spaces. Offered at $524 per square foot, 1256 N Hobart Avenue represents a compelling opportunity to acquire a modern, well-located multifamily asset with immediate owner-user functionality and durable long-term fundamentals.

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