$1,690,000
0.14 Acre Lot

1103 S Hobart Boulevard, Los Angeles, California 90006

  • Residential Income Property Type
  • Uncovered Cars Garage
  • 1962 Year Built
Property Description

Unbeatable Location! Location! Location!

Nestled near the vibrant intersection of Olympic Blvd and Western Ave, just steps from Galleria Market and minutes to Downtown Los Angeles, this exceptional four-unit property is perfectly positioned for both lifestyle and investment growth.

The building features a spacious 3-bedroom, 2-bath unit and three stylish 2-bedroom, 1-bath units — three of which have been beautifully remodeled to meet modern tenant expectations. Each unit is separately metered for gas and electricity and equipped with upgraded air conditioning systems. Tenants cover all utilities except water, maximizing your net income.

Secure, gated parking off 11th Street offers assigned spaces for each unit, with the added bonus of potential ADU development in the parking area — a valuable opportunity for future expansion.

Unit 1 boasts a desirable private wrap-around patio, a rare amenity that will attract quality tenants or landlord to live. This property is perfectly positioned to capitalize on strong rental demand. At market rents, the projected cap rate is an impressive, making this a standout addition to any portfolio.

Situated in one of Koreatown’s hottest growth corridors, surrounded by extensive new construction and renovation projects, this property offers significant rental upside in an investor-friendly neighborhood. Quick freeway access and proximity to Downtown LA further elevate this exceptional investment opportunity.

Basic Details
Residential Income
For Sale
GD25144913
$1,690,000
Neighborhood
1962
0.14 Acre
Active
1
Quadruplex
Features
: None
: Wall Furnace
: Wall/Window Unit(s)
: None
: Uncovered
: Laminate, Tile
: Granite Counters
: Inside
: Public Sewer
: Sewer Connected
: Double Pane Windows
$0
Appliances
: Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Address Map
CA
Los Angeles
Los Angeles
90006
Hobart
1103
Boulevard
Corner of 11th and Hobart Blvd
C17 - Mid-Wilshire
S
LAR3
Additional Information
$0
$0
$0
$0
$0
3303
: Street Lights
1
: Slab
: Two
: Rectangular Lot, Corner Lot
4
2025-07-02
2
2
: Public
Broker/Agent Information
Dream Realty La Crescenta
Daniel Yoo
Listing Information
G165110021
G6637
Cash,Cash to New Loan,Conventional,FHA,Submit
Active
2025-07-03T13:48:39Z
CRMLS
: Standard
2025-07-02T11:58:21Z
Agent info
Ray Millman
Mortgage Calculator
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069