Log In/Sign Up
817 S Hobart Blvd
Los Angeles, CA 90005
$940k Price Reduction - 47 Units in Koreatown · Multifamily Property For Sale
·
47 Units
Investment Highlights
- PRICE REDUCED $940,000. SUBMIT ALL OFFERS AND PROPERTY TOURS AVAILABLE.
- Excellent Koreatown Location Just South of 8th Street Near Entertainment, Shopping, Transit, and Employment
- Strong Multifamily Submarket Fundamentals with 6.28% Annual Rent Growth over the last 7 Years (8.8% over the last 12 months)
- Available individually or as part of a 3 property portfolio.
- Opportunity to Generate Additional Value through Completing Renovation of Lightly Upgraded Units
- Well-Maintained Asset Featuring Classic Finishes and Value-Add Potential
Property Facts
| No. Units | 47 | Building Size | 25,808 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1926 |
| Building Class | C | Parking Ratio | 0.93/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | R4, Los Angeles | ||
| No. Units | 47 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 25,808 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1926 |
| Parking Ratio | 0.93/1,000 SF |
| Zoning | R4, Los Angeles |
Amenities
Unit Amenities
- Ceiling Fans
- Hardwood Floors
- Range
- Views
- Pantry
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Gated
- Vintage Building
- Elevator
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 40 | $1,495 | 525 - 750 |
| 1+1 | 7 | $1,745 | 750 - 800 |
Property Taxes
| Parcel Number | 5093-015-014 | Improvements Assessment | $2,332,078 |
| Land Assessment | $5,445,466 | Total Assessment | $7,777,544 |
Property Taxes
Parcel Number
5093-015-014
Land Assessment
$5,445,466
Improvements Assessment
$2,332,078
Total Assessment
$7,777,544
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
