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    1103 S Hobart Blvd Los Angeles, CA 90006

    For Sale
    $1,599,900

    Four units near Galleria Market with upside potential.

    Lot size:
    0.14 Acres

    Property Features for 1103 S Hobart Blvd

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1962

    Source: Dream Realty La Crescenta Agent Daniel Yoo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Koreatown Four-Unit Multifamily Property

    Located in the heart of Koreatown, this four-unit multifamily property is just steps from Galleria Market and minutes from Downtown LA. The building features one 3-bed/2-bath unit and three 2-bed/1-bath units. Three of the units have been recently remodeled. Each unit has separate gas and electric meters, and upgraded A/C systems. Tenants pay all utilities except water. The electrical system has been upgraded. Secure gated parking with assigned spaces is accessed from 11th Street, with potential for future ADU development. Unit 1 includes a private wrap-around patio. This property offers strong rental demand, excellent upside, and a prime location surrounded by new developments, making it suitable for both investors and owner-users.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3054
    Latitude
    34.05065

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    FAQs

    What type of property is this?
    Quadplex - Four units near Galleria Market with upside potential.
    Where is this quadplex located?
    The property is located at 1103 S Hobart Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,599,900.
    What are key features of this property?
    This property features: - Prime Koreatown location, steps from Galleria Market and minutes from Downtown LA.; - Four-unit property with a mix of 3-bed/2-bath and 2-bed/1-bath units.; - Three units recently remodeled, enhancing appeal.
    (818) 249-5222
    Request Owner's contact information
    1103 S Hobart Blvd Los Angeles, CA 90006
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    Los Angeles, CA 90006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1103 S Hobart Blvd Los Angeles, CA 90006
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