Don't miss this outstanding opportunity to acquire a fully occupied 5-unit income property at 1518 S Hobart Blvd, Los Angeles. Featuring a desirable unit mix of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units, this property offers immediate and stable cash flow with long-term tenants already in place. Each unit is… Read More individually metered for gas and electricity, helping reduce owner expenses and simplify property management. Investors will appreciate the property's strong rental demand, reliable income stream, and low-maintenance operation. Ideally located near shopping, dining, public transportation, schools, and major employment centers, the property also enjoys convenient access to the 10 and 101 Freeways, making it highly attractive to tenants. Ample street parking further enhances its appeal. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare opportunity to secure a well-performing asset in one of Los Angeles' most sought-after rental markets. The seller is highly motivated and ready to consider serious offers. Submit your offer today and take advantage of this exceptional investment opportunity! Read Less
Property listed by Landpac Properties, Soon Hee Lee 213-388-5155
Listing Snapshot
Days Online
4
Last Updated
Beds
7
Square Ft.
3,499
Lot Size
0.12 Acres
Year Built
1962
MLS Number
26849561
Additional Details
Building
Built in 1962, Living area: 3499.0, 1 building, Levels: One
Cooling
None
Disclosures
RentControl
Heating
ForcedAir
Income
Gross Income: $93,684, Net Operating Income: $61,731
Lot
0.124 acres
Parking
Carport, Driveway
Taxes
Parcel Number: 5074009026, Zoning: LAR2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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