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Leslie Carretti

lesliecarretti@gmail.com +1(949) 254-4663

$1,800,000

Est. payment - /mo

6,216 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID GD26233853

HOA Y/N No

Year Built 2021

Lot Size 6,216 Sqft

Property Sub-Type Quadruplex

Property Description

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% Master Leased to an outside operator through mid 2027; and only one of the units is available for the owner to self-operate. 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 $1,800,000, this property is part of a portfolio of Co-Living apartment buildings collectively listed at $9,900,000.
All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features None

Garage Spaces 8.0

Garage Description 8.0

Pool None

Community Features Biking

Total Parking Spaces 8

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5080018011

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by Kirk Garabedian Keller Williams R. E. Services 818-298-8810, DRE #01216376

NEARBY SCHOOL & BUSINESS

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1107 S Hobart Los Angeles, CA 90006