1518 S Hobart Boulevard, Los Angeles, CA 90006

$1,350,000
7
BD
5
BA
3,499
SqFt

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List Price
$1,350,000
Status
ACTIVE
MLS#
26849561
Year Built
1962
Bedrooms
7
Bathrooms
5
Living Sq. Ft
3,499
Lot Size
5,400
Acres
0.12
Days on Market
46
Property Type
Multifamily
Stories
One Level

Property 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!

Additional Information

Heat
Forced Air
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
5

Listing courtesy of Listing Agent: Soon Hee Lee (soonhee.landpac@gmail.com) from Listing Office: Landpac Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.