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For Sale

$1,350,000

3,499 sqft$386/sqft143 days on market

1518 S Hobart Boulevard

Los Angeles, CA 90006

· 8% down, 7% APR, 30yr fixed

7

Beds

5

Baths

3,499

Square feet

1962

Built

Listing narrative

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!

Listing agent (MLS): Soon Hee Lee · Listing brokerage (MLS): Landpac Properties

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,350,000

Beds

7 bd

Type

House

Home Size

3,499 sqft

Baths

5

Lot Size

0.12 acres

Year

1962

Status

For Sale

Days on Market

143

$ / Sqft

$386

· 8% down, 7% APR, 30yr fixed
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Courtesy of Landpac Properties