Courtesy of: Kirk Garabedian, Keller Williams R. E. Services, kirkg@kw.com
Courtesy of: Kirk Garabedian, Keller Williams R. E. Services, kirkg@kw.com
$1,800,000
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4 bed
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4.00 Bath (4 Full)
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Lot: 0.14 Acres
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Quadruplex
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$1,800,000
1107 S Hobart As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2021-constructed, 4-unit residential investment property located in the heart of Koreatown at 1107-1109 1/2 S. Hobart Boulevard, Los Angeles, CA 90006. This property features approximately 5, 785 square feet of building area and offers a total of 16 rentable bedrooms since each unit was built as a 4-bedroom & 4-bathroom unit with a large shared kitchen area in each unit. These units are thoughtfully configured to accommodate traditional multifamily and co-living rental arrangements. Currently the property is 75% Master Leased to an outside operator through mid 2027; and only one of the units is available for the owner to self-operate. Strategically situated near major employment centers, public transportation, shopping, dining, and entertainment, the property is well-positioned to benefit from the continued demand for flexible residential housing in central Los Angeles. Offered at $1, 800, 000, this property is part of a portfolio of Co-Living apartment buildings collectively listed at $9, 900, 000. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.
Courtesy of: Kirk Garabedian, Keller Williams R. E. Services, kirkg@kw.com
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