1518 S Hobart Boulevard

Property Overview

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!

Home Details

Property type: Residential Income
Year built: 1962
Living area: 3,499 sq ft
Lot size: 5,400 sq ft
Days on market: 8
MLS status: Active
Zoning: LAR2

Features & Amenities

Parking

Carport
Driveway

Community, Schools & Utilities

Utilities

Heating: ForcedAir
Cooling: None

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Location & Neighborhood

Los Angeles, CA 90006

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Frequently Asked Questions About 1518 S Hobart Boulevard

Property type: Residential Income

The current asking price is $1,350,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1518 S Hobart Boulevard. Our team will confirm availability and timing.

This 7 bedrooms and 5 bathrooms property offers approximately 3,499 square feet of living space. It was built in 1962. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.