1113 S Hobart Blvd Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90006
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,692 sqft
Price per Sqft $311
MLS Listing ID 25608753
Bedrooms 7
Year Built 1928
Lot Size 6,215 Sqft
Acres 0.1427
Property Sub-Type Multi-Family
Property Description
Infini Realty Advisors is pleased to present an exceptional investment opportunity a highly desirable 5-unit apartment building located in the heart of Koreatown, one of Los Angeles' most dynamic and high-demand rental markets. This property offers significant rental upside with two units delivered vacant at close of escrow, allowing the new owner to immediately reposition and maximize cash flow. Situated on an R3-zoned lot, the site also provides prime development potential for future multi-unit expansion, adding tremendous long-term value. Ideally positioned near a main Olympic Blvd corridor, the property is within short distance of shopping, dining, entertainment, and public transportation. The surrounding neighborhood continues to experience strong growth with numerous new multi-family developments, further enhancing the area's appeal and rental desirability. Don't miss this rare chance to acquire one of the best-priced 5-unit opportunities in Koreatown perfect for investors seeking both current income and future appreciation potential.
Location
State CA
County Los Angeles
Area Mid-Wilshire
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Wall Unit(s)
Equipment Garbage Disposal, Hood Fan, Range/Oven
Exterior
Parking Features None
Garage Spaces 6.0
Building
Story 2
Level or Stories One, Two
Others
Special Listing Condition Standard