Kidder Mathews is pleased to present 1256 N Hobart Boulevard, a premier 4-unit multifamily investment opportunity located in the highly desirable Little Armenia neighborhood of East Hollywood, Los Angeles. Built in 2018, this modern property offers a rare combination of new construction, strong operating fundamentals, and an ideal layout for both investors and owner-users. The building spans 4,964 square feet on a 6,626-square-foot lot and features exceptionally large units averaging approximately 1,241 square feet. The unit mix includes two 2-bedroom, 2.5-bath units, one 3-bedroom, 3-bath unit, and one 4-bedroom, 3-bath unit—perfect for families or shared living arrangements. Tenants pay all utilities, ensuring efficient operations and reduced ownership expenses. Offered at $2,600,000, this property represents a compelling opportunity with a current cap rate of 4.68% and significant upside potential, as market rents indicate a 21% increase over current income. Located in one of Los Angeles’ most vibrant and supply-constrained rental markets, the property benefits from proximity to major employment hubs, entertainment destinations, and cultural landmarks. East Hollywood is experiencing a surge of redevelopment, with nearly $5 billion in current and planned projects, making this an exceptional long-term investment in a high-demand submarket.