1518 S Hobart Boulevard , Los Angeles, CA 90006
$1,350,000
Est. Payment: $6,817.10/mo
7 Bed
5 Bath
3499 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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!

Highlights

Listed by Soon Hee Lee , 213-272-7555 Landpac Properties , 213-388-5155. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1962

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

26849561

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:5
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Zoning:LAR2
Others:2+ Total Units
Parking Features:Carport,Driveway
Principal Interest
$6,817
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,817.10

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,817.10 $860.63 $0.00 $7,677.73
Yearly $81,805.25 $10,327.50 $0.00 $92,132.75
Total $2,454,157.39 $309,825.00 $0.00 $2,763,982.39

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Current Listings

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Aug 2026

Average Price

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Average Days on Market

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Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T08:37:42.000Z

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