Under Contract

1328 S Hobart Boulevard

Los Angeles, CA 90006
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Bed 8

Bed

Bath 4

Bath

SqFt5,264

Sqft

SqFt8,535

Sqft(Lot)

GREAT INVESTMENT OPPORTUNITY - PRIME 4 UNIT INCOME PROPERTY!! Exceptional opportunity to acquire a well-maintained 4-unit income property in one of Los Angeles most desirable and rapidily growing rental markets. Ideally situated near Koreatown, Pico-Union, Mid-Wilshire, USC, Downtown LA, and Echo Park, this property offers strong current cash flow with significant long term upside potential. This property consists of approximately 5,264 square feet on a living space on a spacious 8,535 square foot lot. Each of the four generously sized units offers approximately 1,316 square feet and features 2 bedrooms and 1 bathroom. (Title records reflect 1 bedroom and 1 bathroom per unit) The roof of the property is only two years old. Fully tenant-occupied with immediate rental income. Each unit has separate gas and electric meters, tenants pay all utilities except water. 4-car garage parking plus extensive rear parking for up to 8 additional vehicles. Strong rental demand in a high-growth neighborhood surrounded by new development. Conveniently located near premier dining, shopping, local parks, entertainment, and major public transportation, this property presents an outstanding opportunity for investors and potential owner-users alike. Buyer to independently verify square footage, unit count, bedroom/bathroom count, permits, zoning and rent control applicability. Property will be delivered with all tenants in place. Please do not disturb tenants.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,250,000

AD Id : 78975318

MLS Id : PW26101135

Beds : 8

Lot Size : 8,535 Sqft

Living Area Size : 5,264

Year Built : 1916

Garage : 4

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Flat Interior Features: Granite Counters,Laminate Counters,Open Floorplan,All Bedrooms Down Windows: Screens Property Appliances: Water Heater Fireplace: None Flooring: Carpet,Laminate,Tile
  • Cooling Features

    None,Wall/Window Unit(s) Air Conditioning

    Heating Source

    None Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1916 Building Area Total: 5,264 Construction: Wood Siding Roof: Flat
  • Foundation

    Raised
  • Pool Features

    None

    Laundry Features

    None

    Fencing

    Wrought Iron

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1959
  • Lot Size Source: Assessor Lot Size Square Feet: 8535

  • Listing Price Information

    Original List Price: 1,250,000 Listing Contract Date: 2026-05-20
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5074005006

  • Garage and Parking

    Garage Description: Assigned,Garage,Uncovered

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas,Parking Fee,Trash Collection,Telephone

  • Other Property Info

    Source Listing Status: Active Under Contract Source Neighborhood: 699 - Not Defined Directions: South of Pico & North Venice Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Quadruplex
  • Building and Construction

    Property Age: 110 Common Walls: No Common Walls Structure Type: Quadruplex Year Built Source: Assessor Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

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1845 W 12th, Los Angeles, CA, 90006 $1,249,000 8 5 4,258 4,258 SqFt
1230 S Bonnie Brae, Los Angeles, CA, 90006 $1,049,000 13 -- 5,426 5,426 SqFt
1153 S Westlake, Los Angeles, CA, 90006 $750,000 1 2 2,654 2,654 SqFt
2006 W 12th Street, Los Angeles, CA, 90006 $850,000 4 3 2,166 2,166 SqFt
1211 Elden Ave., Los Angeles, CA, 90006 $1,500,000 7 5 3,347 3,347 SqFt
1741 S S New England, Los Angeles, CA, 90006 $950,000 7 5 1,904 1,904 SqFt
1757 S New England, Los Angeles, CA, 90006 $1,050,000 4 3 2,147 2,147 SqFt
1724 Menlo Avenue, Los Angeles, CA, 90006 $2,900,000 15 16 7,300 7,300 SqFt

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ByOwner last updated this listing 06/21/2026 @ 21:00

MLS: PW26101135 LISTED BY: Marilu Calderon, New Century Realtors 714-619-8811 SOURCE: CRMLS

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