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1103 S Hobart Boulevard Los Angeles, CA 90006
$1,690,000 0 beds, 0 baths
0 sqft
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Agent Remarks

Unbeatable Location! Location! Location! Nestled near the vibrant intersection of Olympic Blvd and Western Ave, just steps from Galleria Market and minutes to Downtown Los Angeles, this exceptional four-unit property is perfectly positioned for both lifestyle and investment growth. The building features a spacious 3-bedroom, 2-bath unit and three stylish 2-bedroom, 1-bath units — three of which have been beautifully remodeled to meet modern tenant expectations. Each unit is separately metered for gas and electricity and equipped with upgraded air conditioning systems. Tenants cover all utilities except water, maximizing your net income. Secure, gated parking off 11th Street offers assigned spaces for each unit, with the added bonus of potential ADU development in the parking area — a valuable opportunity for future expansion. Unit 1 boasts a desirable private wrap-around patio, a rare amenity that will attract quality tenants or landlord to live. This property is perfectly positioned to capitalize on strong rental demand. At market rents, the projected cap rate is an impressive, making this a standout addition to any portfolio. Situated in one of Koreatown’s hottest growth corridors, surrounded by extensive new construction and renovation projects, this property offers significant rental upside in an investor-friendly neighborhood. Quick freeway access and proximity to Downtown LA further elevate this exceptional investment opportunity.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# GD25144913
List price is $1,690,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1962
2 stories
0.14 acres
Lot size: 0.1427
County: Los Angeles
Zoning: LAR3
Interior features: Granite Counters
Appliances: Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater
Parking description: Uncovered
Lot description: Corner Lot,Rectangular Lot
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C17 - Mid-Wilshire

Last Updated: 7/3/2025

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.050698, -118.305547.
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Listing Agent: Daniel Yoo
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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