1328 S Hobart Boulevard, Los Angeles, CA 90006
List Price: $1.25M
Listing Status: Active
0Days on Market: 4
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1916
Lot Size: 8,535 sq ft
Garage Spaces: 4
Private Pool: Yes
MLS Number: PW26101135
About This Property
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.
Listing provided by: Marilu Calderon DRE #01149850 714-619-8811 mcalderon999@gmail.com, New Century Realtors