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517 N Hobart Blvd

Los Angeles, CA 90004
  • $3,950,000
  • STATUS: Active
  • ON SITE: 161 Days
  • ID#: 22-135163
UPDATED: 81 min ago
$3,950,000
  • 14
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,180
    SQFT
  • $353
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Ratings & Info

Description

Beautiful income property located on great neighborhood. Close to Hollywood & Mid Wilshire area. spacious each unit. easy to maintain in place and major upside still available in rent. Newer roof (2015) and Earthquake retrofit work completed in (March 2020). It's prime location provides it's tenants with easy accessibility to 101 fwy.....Please do not disturb the tenants....... Drive by only...... Offer acceptance with physical inspection.... (Title shows address as 517 N. Hobart Blvd., but mailing address use as 515 N. Hobart Blvd. Los Angeles, Ca. 90004)

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-19T14:43:38.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.trulinerealty.com/homes/126574525
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517 N Hobart Blvd Los Angeles, CA 90004

  • Price: $3,950,000
  • Status: Active
  • On Site: 161 Days
  • Updated: 81 min ago
  • ID#: 22-135163
14
Beds
0
Baths
0
½ Baths
0.28
Acres
11,180
SQFT
$353
$/SQFT
1973
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
Property Description
Beautiful income property located on great neighborhood. Close to Hollywood & Mid Wilshire area. spacious each unit. easy to maintain in place and major upside still available in rent. Newer roof (2015) and Earthquake retrofit work completed in (March 2020). It's prime location provides it's tenants with easy accessibility to 101 fwy.....Please do not disturb the tenants....... Drive by only...... Offer acceptance with physical inspection.... (Title shows address as 517 N. Hobart Blvd., but mailing address use as 515 N. Hobart Blvd. Los Angeles, Ca. 90004)
Exterior Features

Cross Streets Maplewood Ave. & Hobart Blvd. Levels Multi/Split Lot Description Fenced Lot Size Area 12286 Other Structures None Parking Garage Gated Paved YN Yes Roof Flat Sprinklers None Style Country French Total Parking 14 View Description None View YN No Water Frontage None

Interior Features

Bathroom Features Low Flow Toilet(S)Shower Over Tub Baths Total 14.00 Cooking Appliances Electric Cooling Wall Unit(S) Equipment DishwasherGarbage DisposalHood Fan Fireplace Rooms BathDiningKitchenLiving RoomDecorative Flooring CarpetLaminateLinoleum Heating Other Laundry Community Water Heater Features Central Water HeaterGas Windows Vertical BlindsWindow BlindsScreens

Property Features

Assessed Total Value 1962987 Gross Income 222466 Gross Operating Income 222466 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 131824.00 Number Of Buildings 1 Number Of Units 14 Owner Pays GardenerGasWaterElectricity Rent Control YN Yes Sale Type Standard Security Features Automatic GateGatedSmoke Detector Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 90844.61 Type Of Units 14 Unit Apt Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Kevin Kim DRE#01358939 of Masters Realty & Investment: 213-385-6500.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-08-19T14:43:38.237. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064