741 S Hobart Blvd - Apartments FOR SALE


Los Angeles, CA 90005- Koreatown
$3,999,000 USD
213-247-4804
741 S Hobart Blvd, Los Angeles, CA for Sale
$3,999,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

741 S Hobart Blvd
Los Angeles, CA 90005
Koreatown


HIGHLIGHTS

  • Prime Location of Koreatown
  • Premier Rental Market
  • Significant Rental Upside Potential
  • Excellent Future Property Value Appreciation
  • The Seismic Retrofit Work Has Been Completed

OVERVIEW

Prime Location in the Heart of Koreatown!This 13-unit apartment building is ideally situated, facing south and east with stunning city light views. Located in the premier rental market of Koreatown, the property offers significant rental upside potential.The upgraded units feature open floor plans with bright, airy rooms and modern kitchen designs. Each unit includes a covered parking space with easy access to gated parking for added convenience.Enjoy unparalleled walkability to renowned restaurants, supermarkets, pharmacies, shops, schools, entertainment venues, and Metro stations.An excellent redevelopment opportunity, as the area is experiencing a surge of new, trendy developments and ongoing construction projects. A fantastic opportunity for future property value appreciation!

FOR SALE DETAILS

PRICE

$3,999,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

13

PRICE/UNIT

$307,615

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

LAR3P

APN/PARCEL ID

5093-014-014

ASK ABOUT THIS PROPERTY

Audrey JungB & B Investment PropertiesMore Info
213-247-4804

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Audrey JungB & B Investment PropertiesMore Info
213-247-4804

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.