Unbeatable Location! Location! Location!
Nestled near the vibrant intersection of Olympic Blvd and Western Ave, just steps from Galleria Market and minutes to Downtown Los Angeles, this exceptional four-unit property is perfectly positioned for both lifestyle and investment growth.
The building features a spacious 3-bedroom, 2-bath unit and three stylish 2-bedroom, 1-bath units — three of which have been beautifully remodeled to meet modern tenant expectations. Each unit is separately metered for gas and electricity and equipped with upgraded air conditioning systems. Tenants cover all utilities except water, maximizing your net income.
Secure, gated parking off 11th Street offers assigned spaces for each unit, with the added bonus of potential ADU development in the parking area — a valuable opportunity for future expansion.
Unit 1 boasts a desirable private wrap-around patio, a rare amenity that will attract quality tenants or landlord to live. This property is perfectly positioned to capitalize on strong rental demand. At market rents, the projected cap rate is an impressive, making this a standout addition to any portfolio.
Situated in one of Koreatown’s hottest growth corridors, surrounded by extensive new construction and renovation projects, this property offers significant rental upside in an investor-friendly neighborhood. Quick freeway access and proximity to Downtown LA further elevate this exceptional investment opportunity.
Nestled near the vibrant intersection of Olympic Blvd and Western Ave, just steps from Galleria Market and minutes to Downtown Los Angeles, this exceptional four-unit property is perfectly positioned for both lifestyle and investment growth.
The building features a spacious 3-bedroom, 2-bath unit and three stylish 2-bedroom, 1-bath units — three of which have been beautifully remodeled to meet modern tenant expectations. Each unit is separately metered for gas and electricity and equipped with upgraded air conditioning systems. Tenants cover all utilities except water, maximizing your net income.
Secure, gated parking off 11th Street offers assigned spaces for each unit, with the added bonus of potential ADU development in the parking area — a valuable opportunity for future expansion.
Unit 1 boasts a desirable private wrap-around patio, a rare amenity that will attract quality tenants or landlord to live. This property is perfectly positioned to capitalize on strong rental demand. At market rents, the projected cap rate is an impressive, making this a standout addition to any portfolio.
Situated in one of Koreatown’s hottest growth corridors, surrounded by extensive new construction and renovation projects, this property offers significant rental upside in an investor-friendly neighborhood. Quick freeway access and proximity to Downtown LA further elevate this exceptional investment opportunity.
Property Details
Price:
$1,690,000
MLS #:
GD25144913
Status:
Active
Baths:
0
Address:
1103 S Hobart Boulevard
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Jul 1, 2025
State:
CA
ZIP:
90006
Lot Size:
6,216 sqft / 0.14 acres (approx)
Year Built:
1962
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Interior
Appliances
Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Cooling
Wall/ Window Unit(s)
Flooring
Laminate, Tile
Heating
Wall Furnace
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Inside
Exterior
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Street Lights
Parking Features
Uncovered
Parking Spots
6.00
Security Features
Smoke Detector(s)
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Community
- Address1103 S Hobart Boulevard Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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1103 S Hobart Boulevard
Los Angeles, CA
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