1103 S Hobart Boulevard, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1103 S Hobart Boulevard,Los Angeles, CA 90006
$1,639,000
- 9 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Upcoming open houses
- Sat, Aug 3002:00 pm - 05:00 pm
Listed by:daniel yoo
Office:dream realty la crescenta
MLS#:GD25144913
Source:SANDICOR
Price summary
- Price:$1,639,000
About this home
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.
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Home facts
- Listing Id #:GD25144913
- Added:32 day(s) ago
- Updated:August 27, 2025 at 02:00 PM
Rooms and interior
- Bedrooms:9
- Total bathrooms:5
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$1,639,000
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.New listings near 1103 S Hobart Boulevard
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