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32821399
32821400

1328 S Hobart Boulevard, Los Angeles, CA 90006

MC
New Century Realtors
Listed by New Century Realtors
$1,250,000
16 days on market
Updated 6 days ago

1328 S Hobart Boulevard

Details
APN 5074005006
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 6.00%
Buildings 1
Acreage 0.196
Zoning Assessor

Multifamily | 6.00% CAP | 4 Units

Marketing 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.
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Listing Contacts

MC
New Century Realtors
Listed by New Century Realtors

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