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For SaleLuxury

$3,999,000

11,230 sqft$356/sqft174 days on market

741 S Hobart Boulevard

Los Angeles, CA 90005

· 8% down, 7% APR, 30yr fixed

15

Beds

15

Baths

11,230

Square feet

1961

Built

Listing narrative

Description

Located in the vibrant heart of Koreatown, this exceptional 13-unit apartment property offers a rare blend of prime location, strong investment potential, and modern urban living. Positioned on a desirable south and east-facing corner, the building enjoys abundant natural light along with breathtaking city light views.Situated in one of Los Angeles' most dynamic and highly sought-after rental markets, the property presents tremendous upside potential with continued demand and future appreciation. Many of the units have been thoughtfully upgraded with contemporary open-concept floor plans, creating bright, airy living spaces complemented by stylish modern kitchens and comfortable layouts designed for today's lifestyle.Residents enjoy the convenience of covered parking with secure gated access, while being just moments away from renowned restaurants, popular cafs, supermarkets, pharmacies, shopping, entertainment venues, schools, and Metro stations offering the ultimate walkable urban lifestyle.This property also represents an outstanding redevelopment and long-term investment opportunity, surrounded by numerous new luxury and mixed-use developments currently transforming the neighborhood. With ongoing revitalization and strong market momentum throughout Koreatown, this asset offers exceptional potential for future value growth and portfolio enhancement. Most of units have been remodeled !

Listing agent (MLS): Audrey Jung · Listing brokerage (MLS): B & B Investment Properties

Property Details

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Price

$3,999,000

Beds

15 bd

Type

House

Home Size

11,230 sqft

Baths

15

Lot Size

0.24 acres

Year

1961

Status

For Sale

Days on Market

174

$ / Sqft

$356

· 8% down, 7% APR, 30yr fixed
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Courtesy of B & B Investment Properties