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741 S Hobart Blvd , #13

Los Angeles, CA 90005
  • $3,999,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 25529171
UPDATED: 63 min ago
$3,999,000
  • 15
    BEDS
  • 0.24
    ACRES
  • 15
    BATHS
  • 0
    1/2 BATHS
  • 11,230
    SQFT
  • $356
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

Description

Prime Location in the Heart of Koreatown!This 13-unit apartment building is ideally situated, facing south and east with stunning city light views. Located in the premier rental market of Koreatown, the property offers significant rental upside potential.The upgraded units feature open floor plans with bright, airy rooms and modern kitchen designs. Each unit includes a covered parking space with easy access to gated parking for added convenience.Enjoy unparalleled walkability to renowned restaurants, supermarkets, pharmacies, shops, schools, entertainment venues, and Metro stations.An excellent redevelopment opportunity, as the area is experiencing a surge of new, trendy developments and ongoing construction projects. A fantastic opportunity for future property value appreciation!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-18T13:44:52.467. 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/163715308
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741 S Hobart Blvd , #13 Los Angeles, CA 90005

  • Price: $3,999,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 63 min ago
  • MLS #: 25529171
15
Beds
15
Baths
0
½ Baths
0.24
Acres
11,230
SQFT
$356
$/SQFT
1961
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Prime Location in the Heart of Koreatown!This 13-unit apartment building is ideally situated, facing south and east with stunning city light views. Located in the premier rental market of Koreatown, the property offers significant rental upside potential.The upgraded units feature open floor plans with bright, airy rooms and modern kitchen designs. Each unit includes a covered parking space with easy access to gated parking for added convenience.Enjoy unparalleled walkability to renowned restaurants, supermarkets, pharmacies, shops, schools, entertainment venues, and Metro stations.An excellent redevelopment opportunity, as the area is experiencing a surge of new, trendy developments and ongoing construction projects. A fantastic opportunity for future property value appreciation!
Exterior Features

Cross Streets Wilshire Blvd. Entry Location Main Level Levels Two Lot Description Automatic GateGated CommunityLot Shape-RectangularStreet ConcreteStreet Lighting Lot Location City Lot Size Area 10504 Other Structures None Parking Garage AssignedCovered ParkingDriveway GateGatedDriveway - ConcreteControlled Entrance Style Contemporary Total Parking 13 View Description City LightsCity View YN Yes

Interior Features

Common Walls Attached Cooking Appliances OvenRange Cooling Wall/WindowWindow Unit(s) Equipment Garbage DisposalRange/Oven Heating Wall Laundry Community Water Heater Features Gas

Property Features

Assessed Total Value 3204379 Disclosures As Is Gross Income 239261 Gross Operating Income 239261 Land Lease Type Fee Like Units1 11 Like Units2 2 Net Operating Income 167780.00 Number Of Buildings 1 Number Of Units 13 Sale Type Standard Security Features Automatic GateCarbon Monoxide Detector(s)Smoke DetectorGatedCommunity Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions 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 2025-06-18T13:44:52.467. 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.
 
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