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For sale
  • Listing Provided by: 

    Daniel Yoo DRE #01855213 818-389-1872,

    Dream Realty La Crescenta

    $1,690,000

    1103 S Hobart Blvd, Los Angeles, CA 90006

    9beds
    5baths
    3,303sqft
    : 
    Quadruplex
    Built in 1962
    -- sqft lot
    $1,657,800 Zestimate®
    $512/sqft
    $-- HOA

    What's special

    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.
    40 days
    on Zillow
    |
    110
    |
    2
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 09, 2025 at 06:30pm

    Listing Provided by:

    Daniel Yoo DRE #01855213 818-389-1872,

    Dream Realty La Crescenta

    Source: CRMLS,MLS#: GD25144913MLS LogoOriginating MLS: California Regional MLS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1103 S Hobart Blvd.

    Next available tour time:Today at 11am

    Open house

    • Sat, Aug 16

      2:00 PM - 5:00 PM

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Rooms
    • Room types: Kitchen, Living Room
    Heating
    • Wall Furnace
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
    • Laundry: Inside
    Features
    • Granite Counters
    • Flooring: Laminate, Tile
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 3,303
    • Total interior livable area: 3,303 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Uncovered
    • Uncovered spaces: 6
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front and parking
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,216 Square Feet
    • Features: Corner Lot, Rectangular Lot
    Details
    • Parcel number: 5080018012
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Street Lights
    • Security: Smoke Detector(s)
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $512/sqft
    • Tax assessed value: $1,081,631
    • Annual tax amount: $13,551
    • Date on market: 7/2/2025
    • Listing terms: Cash,Cash to New Loan,Conventional,FHA,Submit
    • Tenant pays: Electricity, Gas
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