28
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$1,250,000
Est. payment /mo
8 Beds
4 Baths
8,535 Sqft Lot
Open Sun 12PM-2PM
1328 S Hobart Boulevard Los Angeles, CA 90006
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Open House
Sun May 24, 12:00pm - 2:00pm
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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 PW26101135
Bedrooms 8
Lot Size 8,535 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
GREAT INVESTMENT OPPORTUNITY - PRIME 4 UNIT INCOME PROPERTY!! Exceptional opportunity to acquire a well-maintained 4-unit income property in one of Los Angeles most desirable and rapidily growing rental markets. Ideally situated near Koreatown, Pico-Union, Mid-Wilshire, USC, Downtown LA, and Echo Park, this property offers strong current cash flow with significant long term upside potential. This property consists of approximately 5,264 square feet on a living space on a spacious 8,535 square foot lot. Each of the four generously sized units offers approximately 1,316 square feet and features 2 bedrooms and 1 bathroom. (Title records reflect 1 bedroom and 1 bathroom per unit) The roof of the property is only two years old. Fully tenant-occupied with immediate rental income. Each unit has separate gas and electric meters, tenants pay all utilities except water. 4-car garage parking plus extensive rear parking for up to 8 additional vehicles. Strong rental demand in a high-growth neighborhood surrounded by new development. Conveniently located near premier dining, shopping, local parks, entertainment, and major public transportation, this property presents an outstanding opportunity for investors and potential owner-users alike. Buyer to independently verify square footage, unit count, bedroom/bathroom count, permits, zoning and rent control applicability. Property will be delivered with all tenants in place. Please do not disturb tenants.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Pico & North Venice
Interior
Cooling N/K, Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5074005006
Acceptable Financing Exchange
Listing Terms Exchange
Listed by Marilu Calderon, DRE#01149850 New Century Realtors
NEARBY SCHOOL & BUSINESS
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