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$ 1,800,000
Est. payment /mo
New
1107 S Hobart Los Angeles, CA 90006
4 Beds
4 Baths
6,215 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26233853
Bedrooms 4
Lot Size 6,215 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2021-constructed, 4-unit residential investment property located in the heart of Koreatown at 11071109 S. Hobart Boulevard, Los Angeles, CA 90006. This property features approximately 5,785 square feet of building area and offers a total of 16 rentable bedrooms since each unit was built as a 4-bedroom & 4-bathroom unit with a large shared kitchen area in each unit. These units are thoughtfully configured to accommodate traditional multifamily and co-living rental arrangements. Currently the property is 75% Master Leased to an outside operator through mid 2027; and only one of the units is available for the owner to self-operate. Strategically situated near major employment centers, public transportation, shopping, dining, and entertainment, the property is well-positioned to benefit from the continued demand for flexible residential housing in central Los Angeles. Offered at $1,800,000, this property is part of a portfolio of Co-Living apartment buildings collectively listed at $9,900,000. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Located at 1107 S. Hobart in Los Angeles (Koreatown area)
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5080018011
Listed by Kirk Garabedian, DRE#01216376 Keller Williams R. E. Services