CA > Los Angeles
Los Angeles, CA 90006,1103 S Hobart Boulevard
Los Angeles, CA 90006,1103 S Hobart Boulevard
Los Angeles, CA 90006,1103 S Hobart Boulevard
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$1,639,000
Est. payment /mo
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9 Beds
5 Baths
Price Dropped by $51K

1103 S Hobart Boulevard Los Angeles, CA 90006

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Patty Doyle

Patty Doyle

+1(619) 886-0321

Open House

Sat Sep 06, 2:00pm - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD25144913

Bedrooms 9

Property Sub-Type Res Income 2-4 Units

Property Description

Unbeatable Location! Location! Location! Nestled near the vibrant intersection of Olympic Blvd and Western Ave, just steps from Galleria Market and minutes to Downtown Los Angeles, this exceptional four-unit property is perfectly positioned for both lifestyle and investment growth. The building features a spacious 3-bedroom, 2-bath unit and three stylish 2-bedroom, 1-bath units three of which have been beautifully remodeled to meet modern tenant expectations. Each unit is separately metered for gas and electricity and equipped with upgraded air conditioning systems. Tenants cover all utilities except water, maximizing your net income. Secure, gated parking off 11th Street offers assigned spaces for each unit, with the added bonus of potential ADU development in the parking area a valuable opportunity for future expansion. Unit 1 boasts a desirable private wrap-around patio, a rare amenity that will attract quality tenants or landlord to live. This property is perfectly positioned to capitalize on strong rental demand. At market rents, the projected cap rate is an impressive, making this a standout addition to any portfolio. Situated in one of Koreatowns hottest growth corridors, surrounded by extensive new construction and renovation projects, this property offers significant rental upside in an investor-friendly neighborhood. Quick freeway access and proximity to Downtown LA further elevate this exceptional investment opportunity.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Corner of 11th and Hobart Blvd

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5080018012

MLS Router / San Diego MLS
Listed by Daniel Yoo Dream Realty La Crescenta

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agent

Patty Doyle

Agent | License ID: 01507441

+1(619) 886-0321

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1103 S Hobart Boulevard

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