Skip To Content

741 S Hobart Blvd

Los Angeles, CA 90005
  • $5,000,000
  • STATUS: Active
  • ON SITE: 258 Days
  • MLS #: 22-156747
UPDATED: 52 min ago
$5,000,000
  • 15
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,230
    SQFT
  • $445
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

Description

Prime Location! This Property located at the heart of Korea Town. This 13 units Apartment Building is facing south & East and overlooking the city light. Premier Rental Market of K-town with tremendous rental upside. Upgraded units featuring Open Floor Plan with Bright and Airy rooms with modern kitchen design. Unit comes with covered parking space and easy access to Gated Parking. So convenience! Walking distance to many famous restaurants, supermarkets, pharmacy, shops, school, entertainment and Metro Stations. Excellent redevelopment opportunity! Many new trendy development building and constructions are undergoing nearby. Great Potential of increase of the property value!

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-02T22:42:49.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/128925431
Print Image

741 S Hobart Blvd Los Angeles, CA 90005

  • Price: $5,000,000
  • Status: Active
  • On Site: 258 Days
  • Updated: 52 min ago
  • MLS #: 22-156747
15
Beds
0
Baths
0
½ Baths
0.24
Acres
11,230
SQFT
$445
$/SQFT
1961
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Prime Location! This Property located at the heart of Korea Town. This 13 units Apartment Building is facing south & East and overlooking the city light. Premier Rental Market of K-town with tremendous rental upside. Upgraded units featuring Open Floor Plan with Bright and Airy rooms with modern kitchen design. Unit comes with covered parking space and easy access to Gated Parking. So convenience! Walking distance to many famous restaurants, supermarkets, pharmacy, shops, school, entertainment and Metro Stations. Excellent redevelopment opportunity! Many new trendy development building and constructions are undergoing nearby. Great Potential of increase of the property value!
Exterior Features

Entry Location Ground Level W/Steps Lot Description Gated CommunityLot Shape-RectangularStreet ConcreteStreet LightingStreet Paved Lot Location CityNear Public Transit Lot Size Area 10500 Other Structures None Parking Garage Driveway GateCovered ParkingGatedAssignedDriveway - ConcreteControlled Entrance Patio Features BalconyLiving Room Balcony Style Contemporary Total Parking 13 View Description CityCity Lights View YN Yes

Interior Features

Baths Total 15.00 Cooking Appliances OvenRange Cooling Wall/WindowWindow Unit(S) Equipment Range/Oven Heating Wall Laundry Community Windows Screens

Property Features

Amenities Gated CommunityGated Parking Assessed Total Value 3019561 Gross Income 230579 Gross Operating Income 230579 Like Units1 11 Like Units2 2 Net Operating Income 154112.00 Number Of Buildings 1 Number Of Units 13 Sale Type Standard Security Features Automatic GateCarbon Monoxide Detector(S)CommunityGatedSmoke Detector Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Lar3p

Listing provided courtesy of Audrey Jung DRE#01877688 of B & B Investment Properties: 213-385-3600.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2023-02-02T22:42:49.15. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-156747-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-156747-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_22-156747-2.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210