1734 South Hobart Boulevard

Los Angeles, CA 90006

$1,220,000
Price
5
Beds
4
Baths
3,079 Sq. Ft.
$396 / Sq. Ft.
3,079
Sq. Ft.
$396
per Sq. Ft.

Description

Welcome to 1734 S Hobart Blvd, a stunning property situated in the heart of Los Angeles, CA 90006. This residence is truly timeless. A 2-unit income property awaits. Nestled in a vibrant community, this investment promises both immediate returns and future potential. Each unit offers modern amenities, attracting tenants seeking convenience and comfort. With Koreatown's allure and strategic location, occupancy is virtually guaranteed. Whether you're a seasoned investor or diving into real estate,...Welcome to 1734 S Hobart Blvd, a stunning property situated in the heart of Los Angeles, CA 90006. This residence is truly timeless. A 2-unit income property awaits. Nestled in a vibrant community, this investment promises both immediate returns and future potential. Each unit offers modern amenities, attracting tenants seeking convenience and comfort. With Koreatown's allure and strategic location, occupancy is virtually guaranteed. Whether you're a seasoned investor or diving into real estate, this property stands as a lucrative asset. Don't miss out on this chance to secure a foothold in one of LA's most sought-after districts. Act swiftly to capitalize on this prime income-generating gem.
  1. Listed by Litta Lee • DRE #01094655 • Brokerage DRE #01464847 • Coldwell Banker Realty

Property Details for 1734 South Hobart Boulevard

Zoning
LAR2
Parcel Number
5074020002
Total Units
2.0
Living Area
3079
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
5855

Location

Listing Courtesy of Coldwell Banker Realty, Litta Lee, DRE #01094655
Add your commute
LISTING UPDATED: 03/29/2024 12:01 AM

Property Details for 1734 South Hobart Boulevard

StatusActive
MLS #24-362217
Days on Market39
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.13 AC / 5,855 SF
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Realty, Litta Lee, DRE #01094655
Add your commute

Building Information for 1734 South Hobart Boulevard

Stories-Residences-Year Built1907Building Size-Lot Size0.13 AC / 5,855 SF

Payment Calculator

$7,052 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,658

Property Taxes

$394

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1734 South Hobart Boulevard

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $84,000
  • Net Operating Income: $71,000.00
  • Gross Income: $84,000
  • Gross Rent Multiplier: $15.00
  • Actual Rent Total: $2,756.00
  • Total Annual Expense: 13000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1344
  • Lot Size Square Feet: 5855
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 2
  • Covered Parking: 2
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Floor Furnace
  • Heating Type: Floor Furnace
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,756.00
  • Unit Actual Rent: $2,756.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,704.00
  • Unit Actual Rent: $2,704.00
  • Unit Projected Rent: $3,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $114,686.00
  • Assessed Improvement Percent: 32.2
  • Assessed Land Value: $241,452.00
  • Assessed Land Percent: 67.8
  • Assessed Total Value: $356,138.00

Property History for 1734 South Hobart Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1734 South Hobart Boulevard

Taxable ValueLand$241,452Additions$114,686Total$356,138
Tax Record2023$4,724 ($394 / month)
Home Facts
Total Finished SqFt3,079 SqFtAbove Grade Finished SqFt3,079 SqFtLot Size5,853 SqFtStyleDuplexYear Built1907ZoningLAR2CountyLOS ANGELESAPN5074-020-002

Schools near 1734 South Hobart Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 5
Charter - 5 to 8
Public - 6 to 8
Rating
School
Distance
Twenty-Fourth Street Elementary School
PublicK to 4

Crown Preparatory Academy
Charter5 to 8

Pio Pico Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1734 South Hobart Boulevard is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on March 21, 2024 by Coldwell Banker Realty, it's currently listed at $1,220,000. It has been on the market for a total of 39 days and was last sold on November 8, 2011. This listing's school district is Los Angeles Unified School District. Nearby schools include Twenty-Fourth Street Elementary School, Carson-Gore Academy Of Enviornmental Studies and Crown Preparatory Academy. 1734 South Hobart Boulevard is a 5-bed, 4-bath, 3,079 sqft multi-family home built in 1907.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty, Litta Lee, DRE #01094655

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.