Listing provided courtesy of Soon Hee Lee of Landpac Properties. Last updated 2026-06-20 08:11:18.000000. Listing information © 2026 CRMLS.

Asking Price: $1,350,000

1518 Hobart, Los Angeles CA 90006

Community: ​C16 - Mid Los Angeles

Status: Active


This property was built in 1962 and is priced at $1,350,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 442694981
  • Type:
  • Year Built: 1962
Don't miss this outstanding opportunity to acquire a fully occupied 5-unit income property at 1518 S Hobart Blvd, Los Angeles. Featuring a desirable unit mix of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units, this property offers immediate and stable cash flow with long-term tenants already in place. Each unit is individually metered for gas and electricity, helping reduce owner expenses and simplify property management. Investors will appreciate the property's strong rental demand, reliable income stream, and low-maintenance operation. Ideally located near shopping, dining, public transportation, schools, and major employment centers, the property also enjoys convenient access to the 10 and 101 Freeways, making it highly attractive to tenants. Ample street parking further enhances its appeal. Whether you're a seasoned investor or looking to expand your portfolio, this is a rare opportunity to secure a well-performing asset in one of Los Angeles' most sought-after rental markets. The seller is highly motivated and ready to consider serious offers. Submit your offer today and take advantage of this exceptional investment opportunity!

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600