John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

1103 S Hobart BoulevardLos Angeles, CA 90006

Multi-Family · 3,303 Sq. ft. | 0.14 Acres
$1,649,000 Active

1103 S Hobart Boulevard Overview

Time on Site:
362 days
Visits:
0

Unbeatable Location in the heart of Koreatown! Just steps from Galleria Market and minutes to Downtown LA, this four-unit property offers the perfect blend of lifestyle and investment. The building features one spacious 3-bed/2-bath unit and three stylish 2-bed/1-bath units, with three recently remodeled. Each unit has separate gas/electric meters and upgraded A/C systems, and tenants pay all utilities except water. The electrical system has also been upgraded, enhancing both value and reliability. Secure gated parking with assigned spaces is accessed from 11th Street, with potential for future ADU development. Unit 1 includes a private wrap-around patio — ideal for an owner to enjoy while renting out the other units, or as a desirable bonus for tenants. With strong rental demand, excellent upside, and a prime location surrounded by new developments, this property is a rare opportunity for both investors and owner-users.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1103 S Hobart Boulevard Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,303
  • Price/Sq.ft. $499
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

Income/Expenses

  • Gross Income: 117367.0
  • Gross Scheduled Income: 117367.0
  • Insurance Expense: 3800.0
  • Net Operating Income: 87402.0
  • New Taxes Expense: 20612.0
  • Operating Expense: 29965.0
  • Water Sewer Expense: 5040.0

Building Information

  • New Construction: No
  • Year Built: 1962

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C17 - Mid-Wilshire
  • Postal City: LOS ANGELES

Community/Development

  • Community Features: Street Lights

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: Electricity,Gas,Trash Collection

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,FHA,Submit
  • Parcel Number: 5080018012
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: Yes
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAR3

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 3303.0
  • Building Area Units: Square Feet

General Information

  • Appliances: Gas Oven,Gas Range,Microwave,Refrigerator,Water Heater
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: front and parking
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate,Tile
  • Foundation Details: Slab
  • Interior Features: Granite Counters
  • Laundry Features: Inside
  • Levels: Two
  • Security Features: Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Open Parking Spaces: 6.0
  • Parking Features: Uncovered
  • Parking Total: 6.0

Lot Information

  • Additional Parcels: No
  • Lot Features: Corner Lot,Rectangular Lot
  • Lot Size Acres: 0.1427
  • Lot Size Area: 6216.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6216.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Property Attached: Yes

    General Information

    • Number Of Units Leased: 4
    • Number Of Units Total: 4
    • Pool Features: None
    • Pool Private: No
    • Sewer: Public Sewer
    • Utilities: Sewer Connected

    1103 S Hobart Boulevard 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.

    1103 S Hobart Boulevard Monthly Cost

    $
    $ %
    %
    $
    $
    * 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.

    1103 S Hobart Boulevard 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

    1103 S Hobart Boulevard History

    Date Event Value Agent
    4/18/2026Source: CRMLS Price Increase
    $1,649,000 3.1%
    9/3/2025Source: CRMLS Price Reduction
    $1,599,900 -2.4%
    8/22/2025Source: CRMLS Price Reduction
    $1,639,000 -3.0%
    7/2/2025Source: CRMLS Added to Database
    July 02, 2025
    2/2/2025Source: CRMLS Status Change
    Closed
    2/2/2025Source: TheMLS (CLAW) Status Change
    Sold
    12/26/2024Source: TheMLS (CLAW) Status Change
    Pending
    12/26/2024Source: CRMLS Status Change
    Pending
    11/13/2024Source: TheMLS (CLAW) Added to Database
    November 13, 2024
    11/13/2024Source: CRMLS Added to Database
    November 13, 2024
    Listing provided courtesy of Dream Realty La CrescentaDaniel Yoo- MLS# GD25144913MLS ProviderContact Information: [email protected] - 818-249-5222
    Cookie Button: