Listing provided courtesy of Landpac Properties- MLS# 26849561MLS Provider

1518 S Hobart BlvdLos Angeles, CA 90006

Multi-Family · 7 Beds · 3,499 Sq. ft. | 0.12 Acres
$1,350,000 Active

1518 S Hobart Blvd Overview

Time on Site:
11 days
Visits:
0

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!

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1518 S Hobart Blvd Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,499
  • Price/Sq.ft. $386
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Gross Income: 93684
  • Net Operating Income: 61731.00

Building Information

  • Year Built: 1962

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Mid Los Angeles

Tax Information

  • Tax Assessed Value: 940040

General Information

  • Disclosures: As Is, Rent Control
  • Property Type: Residential Income
  • Zoning: LAR2

Interior

Beds/Baths

  • Bathrooms Total: 5.00
  • Bedrooms Total: 7

General Information

  • Cooling: None
  • Heating: Forced Air
  • Levels: One
  • Living Area: 3499
  • Living Area Source: Vendor Enhanced
  • Stories: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.1240
  • Lot Size Area: 5400
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1

General Information

  • Number Of Units Total: 5
  • Other Structures: None

1518 S Hobart Blvd Neighborhood

Community

90006 (LOS ANGELES) Demographics

34
Median Age
30,503
Population Density (per sq. mile)
24%
College Educated
$37,375
Estimated Median Income
1,777
Estimated Total Home Owners
17,372
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1518 S Hobart Blvd Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1518 S Hobart Blvd Market Data

Based on the last 30 days in this zip code

$804,658
Average List Price
$523
Average Price per Square Foot
10
Properties Sold
77
Average Days on Market
153
Properties for Sale
Calculations provided by Reliance Network

1518 S Hobart Blvd History

Date Event Value Agent
6/18/2026Source: CRMLS Added to Database
June 18, 2026
6/18/2026Source: TheMLS (CLAW) Added to Database
June 18, 2026
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