1518 S Hobart Boulevard,Los Angeles, CA 90006
Los Angeles, CA 90006
Description
Don't miss this outstanding opportunity to acquire a fully occupied 5-unit income property at 1518 S Hobart Blvd, Los Angeles. Featuring a desirable unit mix of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units, this property offers immediate and stable cash flow with long-term tenants already in place. Each unit is individually metered for gas and electricity, helping reduce owner expenses and simplify property management. Investors will appreciate the property's strong rental demand, reliable income stream, and low-maintenance operation. Ideally located near shopping, dining, public transportation, schools, and major employment centers, the property also enjoys convenient access to the 10 and 101 Freeways, making it highly attractive to tenants. Ample street parking further enhances its appeal. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare opportunity to secure a well-performing asset in one of Los Angeles' most sought-after rental markets. The seller is highly motivated and ready to consider serious offers. Submit your offer today and take advantage of this exceptional investment opportunity!
Details
| MLS # | 26849561 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 89 |
| Listing Provided By | Landpac Properties | Soon Hee Lee |
Features
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 3,499 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.12 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced Air |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Parking Features | Carport, Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90006) | |
Price: $1,350,000 low | high Med: $1,382,500 sqft: 3,499 low | high Med: 3,213 $ / sqft: $386 low | high Med: $477 On site: 89 low | high Med: 52.5 | |
Market Activity 90006
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90006 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90006) | |
Price: $1,350,000 low | high Med: $1,382,500 sqft: 3,499 low | high Med: 3,213 $ / sqft: $386 low | high Med: $477 On site: 89 low | high Med: 52.5 | |
