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$ 1,350,000
Est. payment | /mo
3,499 SqFt
$ 1,350,000
Est. payment | /mo
3,499 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,499 sqft
Price per Sqft $385
MLS Listing ID CL26849561
HOA Y/N No
Year Built 1962
Lot Size 5,400 Sqft
Acres 0.124
Property Sub-Type Other
Property Description
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 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!
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Forced Air
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5074009026
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Listed by Soon Hee Lee • Landpac Properties
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