1220 S Hobart Boulevard Los Angeles, CA $ 1,100,000
1220 S Hobart Boulevard
$ 1,100,000
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1220 S Hobart Boulevard

Los Angeles, CA, 90006
$ 1,100,000
Bedrooms7 Baths4.0 Sq 3,513

Monthly Estimate*

$ 7,684

Listed by Prospect Group Inc.
1220 S Hobart Boulevard, Los Angeles, CA 90006 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,100,000 with 7 bedrooms and 4 full baths. This 3,513 square foot home was built in 1905 on a lot size of 0.1426.

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!

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Multi-Family Active

Price

$ 1,100,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.1426

Year Built

1905

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

GD24052986

Days on Market

19

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling WallWindowUnits
Zoning LAR4
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1905
Property SubType Triplex
Gross Income 75936.0
Community Features StreetLights Sidewalks
County Los Angeles
Net Operating Income 68091.0
Operating Expense 7845.0
Insurance Expense 2216.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions W Olympic Blvd to Hobart Blvd
City Los Angeles
Entry Location 1
View Y/N N
Senior Community Y/N N
Total Units 3
MLS Area KREA - Koreatown
Lot Size Square Feet 6212.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Hobart
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 5629.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 1
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 8
Property Sub Type Additional Triplex
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Exterior
Lot Features Item25UnitsAcre
Water Source Public
Total Parking 4.0
Lot Size Area 6212.0
Number of Buildings 1
Spa N
Building Area Total 3513.0
Lot Size Acres 0.1426
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Boulevard
Laundry Features WasherHookup GasDryerHookup
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 1220
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* Excluded Features
List By
Prospect Group Inc.

Broker

(818) 497-5294

Phone

Affordability Calculator

$7,684
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,684
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2024$1,100,000 Listed Price

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1220 S Hobart Boulevard, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,100,000 with 3,513 sqft and a lot size of 0.1426. 1220 S Hobart Boulevard has 7 bedrooms, 4.0 baths, and was built in 1905. The property's zip code is 90006 which is in Los Angeles, CA