$1,350,000
For Sale by Owner $386/sq ft
Listed 25 days ago

7BR Multi-Family for Sale in Los Angeles, CA

1518 S Hobart Blvd, Los Angeles, CA 90006
7 Beds
5 Bath
3,499 sq ft
Built 1962
PropSlick Verified Data Key facts & insights for this exact address
$386
Price / sq ft
1962
Year Built
$12,108
Property Tax / yr
5,401 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1962
Square Footage3,499 sq ft
Lot Size5,401 sq ft
Annual Property Tax$12,108
Price / SqFt$386

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!

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Heating
Washer/Dryer

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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