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11-Unit Apartment Building
New
For Sale
$2,700,000

344 S Hobart Blvd, Los Angeles, CA 90020

Two-story multifamily property with one- and two-bedroom units, all-electric appliances, and an on-site laundry facility.

Property Size9,233 SF
Price / SF$292.43
Days on Market6

Property Features for 344 S Hobart Blvd

General Information

Standard status Active
Size 9,233 SF
Property subtype MULTI_FAMILY

Building Details

Building Size 9,233 SF
Year Built 1965
Listing Agency: Berkshire Hathaway HomeServices California Propert
Listed By: Endre Barath · License #01238708
Source: Benbelack
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 23 at 8:34AM

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 Berkshire Hathaway HomeServices California Propert

Investment Insights

Based on property information with market context.

Located at 344 S Hobart Blvd in Los Angeles, this 11-unit apartment building contains 9,233 SF across two stories. The unit mix includes one-bedroom and two-bedroom apartments, with all-electric service and stoves throughout. An on-site laundry facility provides a shared resident amenity.

Built in 1965, the property is in the Mid-Wilshire transit corridor and the Koreatown area of Los Angeles. Two units are currently vacant, while two additional units are owner occupied and expected to become vacant at closing, resulting in four units available for leasing after the transaction.

Key Highlights

  • 11‑unit apartment building with 9,233 SF
  • Two‑story property built in 1965
  • Unit mix includes one‑bedroom and two‑bedroom apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Tanning Salon Carpet & Flooring Store Buffet Pet Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,350
Businesses Nearby

Demographics for 90020, CA

38,694
Population
19,119
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
35,176
Density / Sq Mi
$55,832
Median Household Income
$37,718
Median Earnings
$1,734
Median Rent
$826,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property with one- and two-bedroom units, all-electric appliances, and an on-site laundry facility.
Where is this apartment building located?
The property is located at 344 S Hobart Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 11‑unit apartment building with 9,233 SF; Two‑story property built in 1965; Unit mix includes one‑bedroom and two‑bedroom apartments
More about this property
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