Listing provided courtesy of Jayson Kim of Infini Realty Advisors, Inc. Last updated 2025-01-31 09:11:26.000000. Listing information © 2024 CRMLS.
Asking Price: $1,275,000
1113 Hobart, Los Angeles CA 90006
Community: C17 - Mid-Wilshire
Status: Active
This property was built in 1928 and is priced at $1,275,000. Please see the additional details below.
Infini Realty Advisors is pleased to offer a sale of the highly sought-after 5-unit apartment in the high rental demand area near main corridor in Koreatown. There is a significant upside in the current rents and 2 unit will be delivered vacant providing new owner(s) an opportunity to improve the property's cash flow. Additionally, the property boasts development opportunity as it sits on the R3 zone allowing the multi-units development. Property is located in walking distant to shopping, dining and public transportation and the surrounding area has seen numbers of new development of newer multi-units which transformed the area into a desirable rental location.