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$11,995,000
Est. payment /mo
19,922 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 19,922 sqft
Price per Sqft $602
MLS Listing ID CL25563185
HOA Y/N No
Year Built 2024
Lot Size 0.275 Acres
Acres 0.28
Property Sub-Type Other
Property Description
1525 N. Hobart Blvd is ideally positioned in the heart of Hollywood, one of Los Angeles' most dynamic and recognizable neighborhoods.Situated just north of Sunset Blvd and east of Western Ave, the property is surrounded by a thriving urban environment that combines historic charm with contemporary growth. Residents benefit from walkable access to an eclectic mix of restaurants, entertainment venues, grocery stores, and neighborhood-serving retail. The area has experienced significant redevelopment over the past decade, driven by both public and private investment. Hollywood continues to attract a wave of creative professionals, students, and young urban renters, thanks to its proximity to major employment hubs such as Netflix, Paramount Pictures, and Emerson College. The nearby Hollywood/WesternMetro Station connects residents to Downtown Los Angeles, Koreatown, and the San Fernando Valley via the Metro B Line (Red), providing strong transit connectivity. An exceptional feature of this property is its location within a designatedEnterprise Zone. This classification offers substantial economic incentives to businesses and property owners operating within the zone. These benefits may include: State and local tax credits, Hiring credits for employing qualified workers, Sales tax cre
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 5544019014
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jeffrey Louks • Marcus & Millichap
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