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512 S Hobart Boulevard

Los Angeles, CA 90020
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Bed 13

Bed

Bath 0

Bath

SqFt40,148

Sqft

SqFt18,206

Sqft(Lot)

***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 100 N KENMORE, 601 N ROSSMORE, 1311 INGRAHAM & 3333 4TH ST*** 508 & 512 S Hobart Blvd is a 49-unit, seven-story apartment building built in 1929, plus an additional adjacent parcel, located in the heart of Koreatown. The property reflects the scale and permanence of pre-war Los Angeles construction, with classic proportions, a strong street presence, and architectural detailing that is increasingly difficult to replicate today. Over the years, the building has been maintained with care, including the replacement of a substantial portion of the roof and upgrades to the electrical system, preserving both its character and core infrastructure. The building is serviced by an elevator and is master metered for electricity and gas. The unit mix consists of studios and one-bedroom apartments, a configuration well suited to the neighborhood's renter profile. Units retain many of the attributes typical of late-1920s construction generous windows, defined living spaces, and practical layouts offering a blend of historic charm and functional design. Additional amenities include controlled access and on-site laundry. One of the more distinctive aspects of the property is its parking configuration. In addition to subterranean parking uncommon for an asset of this vintage the offering includes a separate, adjoining parcel to the north that currently operates as a surface parking lot (508 S Hobart Blvd). Beyond its current use, this parcel introduces a meaningful long-term option for a buyer to explore alternative uses or development potential, subject to investigation. The location is a core strength. Positioned within Koreatown, just off Wilshire Boulevard, the property sits in one of the most active and densely populated submarkets in Los Angeles. Residents have convenient access to the Wilshire/Western Metro station, The Wiltern, MacArthur Park, and an extensive collection of neighborhood retail and dining options. Its central positioning also allows for straightforward connectivity to Downtown Los Angeles, Hollywood, and other major employment centers. 508 & 512 S Hobart Blvd offers scale, architectural integrity, and long-term optionality in a supply-constrained location a well-located historic asset with both stability and future upside embedded in the land. Note: The subject property has been identified by LADBS as possibly subject to the city's non-ductile concrete retrofit program. Buyer is advised to do its own due diligence with respect to this potential condition.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,500,000

AD Id : 85726436

MLS Id : 26850047

Beds : 13

Lot Size : 18,206 Sqft

Living Area Size : 40,148

Year Built : 1929

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 13

    Bathroom Information

    Total Baths: 51

  • Building Information

    Year Built: 1929
    Building Area Total: 40148
    Private Pool: No

  • Lot Information

    Main Square Feet: 18206 Lot Size Acres: 0.418 Lot Size Source: Assessor Lot Size Square Feet: 18,206

  • Listing Price Information

    Listing Price: $7500000

  • Tax Information

    Parcel Number: 5503022015

  • Location Information

    Direction: Near S Hobart Blvd & 5th St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
428 S Hoover. St., Los Angeles, CA, 90020 $1,599,999 4 2 1,913 1,913 SqFt
3333 W 4th Street, Los Angeles, CA, 90020 $9,200,000 42 -- 62,532 62,532 SqFt
426 S Catalina Street, Los Angeles, CA, 90020 $1,899,000 8 -- 5,506 5,506 SqFt
520 S Kenmore Avenue, Los Angeles, CA, 90020 $4,900,000 15 24 18,783 18,783 SqFt
514 S Mariposa Avenue, Los Angeles, CA, 90020 $3,700,000 17 -- 12,294 12,294 SqFt
541 S Normandie Avenue, Los Angeles, CA, 90020 $1,950,000 8 12 7,481 7,481 SqFt
525 S Ardmore #338, Los Angeles, CA, 90020 $308,800 -- 1 381 381 SqFt
453 S Gramercy Place, Los Angeles, CA, 90020 $3,800,000 8 -- 8,594 8,594 SqFt
508 S Wilton Place, Los Angeles, CA, 90020 $1,360,000 4 2 2,511 2,511 SqFt
523 S Wilton Place, Los Angeles, CA, 90020 $1,390,000 7 7 3,504 3,504 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 00:46

MLS: 26850047 LISTED BY: Robert Renshaw, REMAX COMMERCIAL & INVESTMENT REALTY 310-802-2500 SOURCE: CRMLS

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