$ 1,250,000
-
$1,250,000
Price -
8
Bed -
4
Bath -
5,264
SqFt
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About the Listing PB7390 - PCALMARI
GREAT INVESTMENT OPPORTUNITY - PRIME 4 UNIT INCOME PROPERTY!! Exceptional opportunity to acquire a well-maintained 4-unit income property in one of Los Angeles most desirable and rapidily growing rental markets. Ideally situated near Koreatown, Pico-Union, Mid-Wilshire, USC, Downtown LA, and Echo Park, this property offers strong current cash flow with significant long term upside potential. This property consists of approximately 5,264 square feet on a living space on a spacious 8,535 square foot lot. Each of the four generously sized units offers approximately 1,316 square feet and features 2 bedrooms and 1 bathroom. (Title records reflect 1 bedroom and 1 bathroom per unit) The roof of the property is only two years old. Fully tenant-occupied with immediate rental income. Each unit has separate gas and electric meters, tenants pay all utilities except water. 4-car garage parking plus extensive rear parking for up to 8 additional vehicles. Strong rental demand in a high-growth neighborhood surrounded by new development. Conveniently located near premier dining, shopping, local parks, entertainment, and major public transportation, this property presents an outstanding opportunity for investors and potential owner-users alike. Buyer to independently verify square footage, unit count, bedroom/bathroom count, permits, zoning and rent control applicability. Property will be delivered with all tenants in place. Please do not disturb tenants.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
PW26101135
Year Built
1916
Total Square Footage
5,264
Lot/Acreage
0.2
County
Los Angeles
Area
699 - Not Defined
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances: Water Heater
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor: Carpet,Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Granite Counters,Laminate Counters,Open Floorplan,All Bedrooms Down
- Water: Public
Exterior Details
- Lot Description: Sprinklers In Rear,Sprinklers In Front,Sprinklers Timer,Sprinklers Manual,No Land Lease
- Garage Capacity: 4 car
- Parking Spaces: 12
- Roof: Flat
- Others: Wood Siding,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Assigned,Garage,Uncovered
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5074005006
- Tax Year: N/A
Payment Calculator
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Questions About..
1328 S Hobart Boulevard Los Angeles, CA 90006
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