1107 S Hobart, Los Angeles, California, United States, 90006

2,000,000
for Sale
6,215

About the property:

As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2021-constructed, 4-unit residential investment property located in the heart of Koreatown at 1107–1109½ S. Hobart Boulevard, Los Angeles, CA 90006. This property features approximately 5,785 square feet of building area and offers a total of 16 rentable bedrooms since each unit was built as a 4-bedroom & 4-bathroom unit with a large shared kitchen area in each unit. These units are thoughtfully configured to accommodate traditional multifamily and co-living rental arrangements. Currently the property is 75% rented, with one additional unit having several bedrooms to 4 vacant bedrooms to occupy. Strategically situated near major employment centers, public transportation, shopping, dining, and entertainment, the property is well-positioned to benefit from the continued demand for flexible residential housing in central Los Angeles. Offered at $2,000,000, this property is part of a portfolio of Co-Living apartment buildings collectively listed at $11,350,000. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.
Property Type:
Quadruplex
Status:
for Sale
Acres:
0.1427
Square Feet:
5785
Directions:
Located at 1107 S. Hobart in Los Angeles (Koreatown area)
Is Art:
Yes
Is Apartment:
Yes
Is Bar:
Yes
Is Bed:
Yes
Is Building:
Yes
Is Entertainment:
Yes
Is Investment:
Yes
Is Pub:
Yes
Is Transportation:
Yes
Is Unit:
Yes
Listing ID:
GD26233853

Rooms

Dimensions

Brokered by:
Keller Williams R. E. Services
Presented By: