Sold Price: $715,000
923 N Hobart Blvd., Los Angeles 90029
**4-28: Deal fell thru – seller’s upleg is in escrow – will discount for fast close** First time on market in 38 years. Classic triplex on 50 x 147.66 RD1.5 lot. Can build 1 unit per 1500 sq. ft. of land, which = 4.92 units. Could probably get variance for 5 units. Spacious units w/raised foundations, fireplace, hardwood floors, laundry rooms and 2 car garage. 81 walkscore, on great quiet residential street, directly across from Lemon Grove Park. Walkable (6 very short blocks) to Paramount Studios, Masonic Lodge @ Hollywood Forever cemetary, and all 3 schools. Huge upside: long term tenants, rents are way under market.