Dream Realty La Crescenta
Listed by Dream Realty La Crescenta
$1,649,000
1103 S Hobart Boulevard
Details
APN 5080018012
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 5.30%
Buildings 1
Acreage 0.143
Zoning Assessor
Multifamily | 5.30% CAP | 4 Units
Marketing description
Unbeatable Location in the heart of Koreatown! Just steps from Galleria Market and minutes to Downtown LA, this four-unit property offers the perfect blend of lifestyle and investment. The building features one spacious 3-bed/2-bath unit and three stylish 2-bed/1-bath units, with three recently remodeled. Each unit has separate gas/electric meters and upgraded A/C systems, and tenants pay all utilities except water. The electrical system has also been upgraded, enhancing both value and reliability. Secure gated parking with assigned spaces is accessed from 11th Street, with potential for future ADU development. Unit 1 includes a private wrap-around patio ideal for an owner to enjoy while renting out the other units, or as a desirable bonus for tenants. With strong rental demand, excellent upside, and a prime location surrounded by new developments, this property is a rare opportunity for both investors and owner-users.
Listing Contacts
Dream Realty La Crescenta
Listed by Dream Realty La Crescenta
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