1057 S Hobart Blvd Los Angeles, CA 90006
Property Features for 1057 S Hobart Blvd
General Information
- Lot size
- 0.14 Acres
Building Details
- Year built
- 1950
Source: New Star Realty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Koreatown Development Opportunity
This prime development opportunity is located in the heart of Koreatown. Two adjacent parcels at 1056 S Serrano AVE (4 units) and 1057 S Hobart Blvd (3 units) are being sold together, offering a combined lot size of approximately 12,518 SF with R 4-1 zoning. The property includes 3 units and 4 units, totaling about 6,448 SF of living space. It is located in a high-demand, transit-oriented area near public transit, major freeways, and retail and commercial hubs. Positioned within a TOC Tier 3 zone, it's perfect for increased density and development. This is an ideal opportunity for multifamily development or value and investors.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.3054
- Latitude
- 34.05102
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Two adjacent parcels for multifamily development in Koreatown.
Where is this commercial land located?
The property is located at 1057 S Hobart Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Prime development opportunity in Koreatown.; - Combined lot size of approximately 12,518 SF with R4-1 zoning.; - Located in a high-demand, transit-oriented area near public transit, major freeways, and retail.