Five-Unit Apartment
For Sale
$1,350,000
1518 S Hobart Blvd, Los Angeles, CA 90006
Fully occupied multifamily property with individually metered utilities and an established two-bedroom and one-bedroom unit mix.
Property Size3,499 SF
Price / SF$385.82
Days on Market92
Property Features for 1518 S Hobart Blvd
General Information
Standard status
Active
Size
3,499 SF
Property subtype
MULTI_FAMILY
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
5
Building Details
Building Size
3,499 SF
Year Built
1962
Listing Agency:
Landpac Properties
Listed By:
Soon Hee Lee · License #01714687
Source:
Carolinakramer
Added: Jun 18
Changed: Sep 9
Last Checked: Sep 17 at 12:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landpac Properties
Investment Insights
Based on property information with market context.
This 3,499-square-foot apartment property, built in 1962, contains five units: two with two bedrooms and one bathroom, plus three with one bedroom and one bathroom. The building is fully occupied, with tenants already in place. Gas and electricity are separately metered for each unit, supporting straightforward utility administration and a lower-maintenance operating structure.
The property is located at 1518 S Hobart Blvd in Los Angeles, near shopping, dining, public transportation, schools, and major employment centers. Access to the 10 and 101 Freeways adds regional connectivity, while street parking serves the surrounding residential setting.
The property is located at 1518 S Hobart Blvd in Los Angeles, near shopping, dining, public transportation, schools, and major employment centers. Access to the 10 and 101 Freeways adds regional connectivity, while street parking serves the surrounding residential setting.
Key Highlights
- Five‑unit apartment property with two 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units
- Fully occupied with tenants in place
- 3,499 square feet; built in 1962
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property with individually metered utilities and an established two-bedroom and one-bedroom unit mix.
Where is this apartment building located?
The property is located at 1518 S Hobart Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Five‑unit apartment property with two 2‑bedroom/1‑bath units and three 1‑bedroom/1‑bath units; Fully occupied with tenants in place; 3,499 square feet; built in 1962
