1107 S Hobart

Los Angeles, CA 90006

As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2021-constructed, 4-unit residential investment property located in the heart of Koreatown at 1107–1109½ S. Hobart Boulevard, Los Angeles, CA 90006. This property features approximately 5,785 square feet of building area and offers a total of 16 rentable bedrooms since each unit was built as a 4-bedroom & 4-bathroom unit with a large shared kitchen area in each unit. These units are thoughtfully configured to accommodate traditional multifamily and co-living rental arrangements. Currently the property is 75% Master Leased to an outside operator through mid 2027; and only one of the units is available for the owner to self-operate. Strategically situated near major employment centers, public transportation, shopping, dining, and entertainment, the property is well-positioned to benefit from the continued demand for flexible residential housing in central Los Angeles. Offered at $1,800,000, this property is part of a portfolio of Co-Living apartment buildings collectively listed at $9,900,000. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.