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$1,350,000
Est. payment /mo
7 Beds
5 Baths
3,499 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,499 sqft
Price per Sqft $385
MLS Listing ID 26849561
Bedrooms 7
HOA Y/N No
Year Built 1962
Lot Size 5,401 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Carport, Driveway
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5074009026
Special Listing Condition Standard
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Listed by Soon Hee Lee Landpac Properties #01714687
Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA
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