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1409 N Hobart Blvd 7 Unit Apartment Building $5,900,000 ($842,857/Unit) 5% Cap Rate Los Angeles, CA 90027
Property Facts
| Price | $5,900,000 | Building Class | C |
| Price Per Unit | $842,857 | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 7,800 SF |
| Cap Rate | 5% | Average Occupancy | 100% |
| Gross Rent Multiplier | 18.98 | No. Stories | 2 |
| No. Units | 7 | Year Built/Renovated | 1923/2023 |
| Property Type | Multifamily | Parking Ratio | 1.59/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LAR3 | ||
| Price | $5,900,000 |
| Price Per Unit | $842,857 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Gross Rent Multiplier | 18.98 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 7,800 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1923/2023 |
| Parking Ratio | 1.59/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Deck
- Dining Room
- Patio
- Smoke Free
- Wheelchair Accessible (Rooms)
Site Amenities
- Fenced Lot
- Gated
- Wheelchair Accessible
- Recycling
- Private Bathroom
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 2+2 | 1 | - | - |
| 3+3 | 2 | - | - |
| 3+4 | 3 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5544-033-020 | Improvements Assessment | $1,349,855 |
| Land Assessment | $1,591,812 | Total Assessment | $2,941,667 |
Property Taxes
Parcel Number
5544-033-020
Land Assessment
$1,591,812
Improvements Assessment
$1,349,855
Total Assessment
$2,941,667
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Presented by
Meldia Investment Realty Of America
1409 N Hobart Blvd
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