Los Angeles, CA 90006 1113 S Hobart Boulevard
$1,175,000
6 more
Presented By: Jayson Kim with Infini Realty Advisors, Inc;
Beds • 7
Baths • 5
SQFT • 3,692
Year Built • 1928
Home Details
Infini Realty Advisors is pleased to offer a sale of the highly sought-after 5-unit apartment in the high rental demand area near main corridor in Koreatown. There is a significant upside in the current rents and 2 unit will be delivered vacant providing new owner(s) an opportunity to improve the property's cash flow. Additionally, the property boasts development opportunity as it sits on the R3 zone allowing the multi-units development. Property is located in walking distant to shopping, dining and public transportation and the surrounding area has seen numbers of new development of newer multi-units which transformed the area into a desirable rental location.
Presented By: Jayson Kim with Infini Realty Advisors, Inc;
Interior Features for 1113 S Hobart Boulevard
Bedrooms
Total Bedrooms7
Bathrooms
Half Baths0
Total Baths5
1/4 Baths
3/4 Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 1113 S Hobart Boulevard
Additional Parcels Y/NNo
AppliancesDisposal
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsS. Hobart & 11th Street, South of Olympic Blvd.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income95952.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2750.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne, Two
Lot Size Square Feet6215.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MaintenanceExpense2750.0
MobileHomeRemainsYNNo
Net Operating Income72327.0
New ConstructionNo
Number Of Units Total5
Occupancy TypeTenant
Open Parking Spaces6.0
PossessionClosePlus1Day
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Taxes$15,625
Trash Expense750.0
Water Sewer Expense1750.0
Year Built1928
ZoningLAR3
Exterior for 1113 S Hobart Boulevard
Building Area Total3692.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions46x135
Lot Size Acres0.1427
Lot Size Area6215.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking6.0
WaterfrontY/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
