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$1,195,000
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Property Description
GREAT INVESTMENT OPPORTUNITY - PRIME 4 UNIT INCOME PROPERTY!!
Exceptional opportunity to acquire a well-maintained 4-unit income property in one of Los Angeles most desirable and rapidily growing rental markets. Ideally situated near Koreatown, Pico-Union, Mid-Wilshire, USC, Downtown LA, and Echo Park, this property offers strong current cash flow with significant long term upside potential. This property consists of approximately 5,264 square feet on a living space on a spacious 8,535 square foot lot. Each of the four generously sized units offers approximately 1,316 square feet and features 2 bedrooms and 1 bathroom. (Title records reflect 1 bedroom and 1 bathroom per unit) The roof of the property is only two years old. Fully tenant-occupied with immediate rental income. Each unit has separate gas and electric meters, tenants pay all utilities except water. 4-car garage parking plus extensive rear parking for up to 8 additional vehicles. Strong rental demand in a high-growth neighborhood surrounded by new development. Conveniently located near premier dining, shopping, local parks, entertainment, and major public transportation, this property presents an outstanding opportunity for investors and potential owner-users alike. Buyer to independently verify square footage, unit count, bedroom/bathroom count, permits, zoning and rent control applicability. Property will be delivered with all tenants in place. Please do not disturb tenants.
Full Property Details
Full Property Details for 1328 S Hobart Blvd
General
- Sold For: $1,195,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26101135
- Added to Site: 94 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Interior Features: Copper Plumbing (Partial), Open Floorplan, Formica Counters, Granite Counters
- Fireplace(s): None
- Appliances: Water Heater, None
- Flooring: Tile, Carpet, Laminate
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Garage, Assigned, Uncovered
- Parking: Garage, Assigned, Uncovered
Location
- Area: 699 - Not Defined
- County: Los Angeles
- Development Name: 699 - Not Defined
- Driving Directions: South of Pico & North Venice
Heating & Cooling
- Cooling Type: None, Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Foundation: Raised
- Roof: Flat
- Windows: Screens
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 5,264
- Year Built: 1916
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: None
- Lot Size (Acres): 0.1959
- Lot Size Source: Assessor
- Lot Description: Sprinklers in Front, Sprinklers Timer, Manual Sprinklers, Sprinklers in Rear
Financial Considerations
- Price Per Sq. Ft.: $227.01
- Price Per Unit: 312500
Listed by New Century Realtors, Marilu Calderon
Sold by Hope Investment, Jung Hong
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Schools
Schools serving 1328 S Hobart Blvd
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Los Angeles Elementary School 1211 South Hobart Boulevard, Los Angeles, CA 90006 | K-5 | 0.1 mi |
Berendo Middle School 1157 South Berendo Street, Los Angeles, CA 90006 | 6-8 | 0.6 mi |
West Adams Preparatory High School 1500 West Washington Boulevard, Los Angeles, CA 90007 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1328 S Hobart Blvd
Date
Details
Price
Change
Source
7/21/2026
Sold
$1,195,000
-4.4%
MLS
5/20/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1328 S Hobart Boulevard, Los Angeles, CA 90006 (MLS# PW26101135) is a Multi-Family property that was sold at $1,195,000 on July 21, 2026. Want to learn more about 1328 S Hobart Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

