1103 S Hobart Boulevard

Los Angeles, CA 90006

  • 9 Bed(s)
  • 5 Bath(s)
  • 3,303 Sqft
  • 6216
    Sqft(Lot)
$1,690,000

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 koreatown’s 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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50327480

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: Granite Counters
    • Windows: Double Pane Windows
    • Property Appliances: Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater
    • Fireplace: None
    • Flooring: Laminate,Tile

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1962
    • Building Area Total: 3,303

    Foundation

    • Slab

    Security Features

    • Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Inside

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1427
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 6216

  • Listing Price Information

    • Original List Price: 1,690,000
    • Listing Contract Date: 2025-07-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5080018012

  • Garage and Parking

    • Garage Description: Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C17 - Mid-Wilshire
    • Postal Code Plus 4: 2417
    • Directions: Corner of 11th and Hobart Blvd
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C17 - Mid-Wilshire
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 63
    • Common Walls: 1 Common Wall
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: front and parking
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/04/2025 @ 12:03

  • MLS: GD25144913
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 3,303 sqft, 6,216 sized lot, and 0 parking. are nearby neighborhoods.