Los Angeles, CA 90006 1220 S Hobart Boulevard

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Presented By: Vartan Achabahian with Prospect Group Inc.; vartan@prospectgroup.net
  • MLS# GD24052986
  • 04/11/2024
  • Request Tour
  • Request Info
  • BedBeds • 2
  • BathBaths • 1
  • FootageSQFT • 3,513

Home Details

Prime Investment Opportunity in a Great Location! Welcome to 1220 S Hobart Blvd, a meticulously remodeled 3-unit multi-family home boasting a total of 7 bedrooms and 3 bathrooms across a spacious 3,513 square feet of living space. Situated on a generous 6,212 square-foot lot, this property offers an incredible investment opportunity in a highly desirable area near Downtown Los Angeles. The property features two separate buildings: a newly remodeled 3-bedroom, 2-bathroom single-family house at the front, and a duplex at the back. The single-family house offers a large open-style living room and dining area with tile and wood laminate floors, a spacious kitchen with ample cabinetry storage, and modern appliances including a stove, fridge, dishwasher, and microwave hood. Additionally, there's a convenient laundry room with washer and dryer hookups within the unit. Air conditioning units in the bedrooms ensure year-round comfort. The front house boasts a HUGE attic for extra storage. Experience the comfort of your own private space with a secluded yard, perfect for relaxation and enjoyment. Add beauty and value to your property by planting a variety of flowers and fruit trees, creating a peaceful outdoor oasis for you to enjoy and cherish. Conveniently located near Downtown, this property offers easy access to shopping centers, restaurants, parks, and schools, ensuring a convenient lifestyle for residents. Don't miss out on this exceptional investment opportunity with endless possibilities!
Presented By: Vartan Achabahian with Prospect Group Inc.; vartan@prospectgroup.net

Interior Features for 1220 S Hobart Boulevard

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, GasDryerHookup
Street SuffixBoulevard
Total Stories2

Other Rooms

Entry Level1

General for 1220 S Hobart Boulevard

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
CoolingWallWindowUnits
CountyLos Angeles
Days on Market15
DirectionsW Olympic Blvd to Hobart Blvd
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income75936.0
HOA0.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2216.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional
Lot Size Square Feet6212.0
MLS AreaKREA - Koreatown
MobileHomeRemainsYNNo
Net Operating Income68091.0
New ConstructionNo
Operating Expense7845.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubTypeTriplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameHobart
Tax Lot8
Total Units3
Trash Expense0.0
View Y/NNo
Water Sewer Expense5629.0
Waterfront Y/NNo
Year Built1905
Year Built SourcePublicRecords
ZoningLAR4

Exterior for 1220 S Hobart Boulevard

Building Area Total3513.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem25UnitsAcre
Lot Size Acres0.1426
Lot Size Area6212.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters3
Number of Separate Gas Meters3
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking4.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $1,100,000
MLS#GD24052986
List Date 04/11/2024
Property Type Multi-Family
Phone 714.964.3311
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