1057 S Hobart Blvd, Los Angeles, CA 90006 - View 1
1057 S Hobart Blvd, Los Angeles, CA 90006 - View 2
1057 S Hobart Blvd, Los Angeles, CA 90006 - View 3

1057 S Hobart Blvd, Los Angeles, CA 90006

List Price: $1,300,000On Market FlagOn market
Feb 25, 20252,399 sqft4 beds3 baths
Listed by: Kyong Starrett
License #: 01762611
Phone #: 213-864-2145
New Star Realty
Source:
CRMLS Logo
MLS #: 25502995

Property Description

Prime development opportunity in the heart of Koreatown Two adjacent parcels at 1056 S Serrano AVE ( 4units) and 1057 S Hobart Blvd ( 3 units) . are being sold together, offering a combined lot size of approximately . 12,518 SF with R 4-1 zoning. The property included 3units and 4units, totaling about 6,448 SF of living space. Located in a high - demand, transit oriented area near public transit, major freeways, and retail and commercial hubs. Positioned within a TOC Tier 3 zone, its perfect for increased density and development. This is an ideal opportunity for multifamily development or value and investors. Don't miss out !! DON'T DISTURB TENANT'S. Drive by only!!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,817

TurboHome Estimated Value

$1,343,900

$560 sqft

High Valuation
$1,411,095
$588/sqft
Normal Valuation
$1,343,900
$560/sqft
Low Valuation
$1,276,705
$532/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$560/sqft$1,343,900

Neighborhood: Mid City

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Comparative Value

$825K

$875K

$938K

$1.20M

$1.30M

$1.69M

1217 S Normandie Ave, Los Angeles, CA 90006

Sale Price: $825,000

Selected Comparable

2101 Arlington Ave, Los Angeles, CA 90018

Sale Price: $875,000

Selected Comparable

1116 S Kingsley Dr, Los Angeles, CA 90006

Sale Price: $938,000

Selected Comparable

1253 3rd Ave, Los Angeles, CA 90019

Sale Price: $1,200,000

Selected Comparable

1057 S Hobart Blvd, Los Angeles, CA 90006

List Price: $1,300,000

Subject Property

1044 S Gramercy Dr, Los Angeles, CA 90019

Sale Price: $1,690,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1057 S Hobart Blvd, Los Angeles, CA 90006

1057 S Hobart Blvd, Los Angeles, CA 90006

List: $1,300,000

Listed: 2/25/2025

Area:2,399 sqft
Price/sqft:$542
Beds:4
Baths:3
Year Built:
Lot Size:6,211

Comparable Properties

COMPARABLE
Choose comps
1044 S Gramercy Dr, Los Angeles, CA 90019

1044 S Gramercy Dr, Los Angeles, CA 90019

Sale: $1,690,000

4/16/20250.36 mi

Area:2,344 sqft
Price/sqft:$721
Beds:4
Baths:3
Year Built:
Weight:23.5%
2101 Arlington Ave, Los Angeles, CA 90018

2101 Arlington Ave, Los Angeles, CA 90018

Sale: $875,000

7/3/20251.15 mi

Area:2,047 sqft
Price/sqft:$427
Beds:4
Baths:3
Year Built:
Weight:21.3%
1253 3rd Ave, Los Angeles, CA 90019

1253 3rd Ave, Los Angeles, CA 90019

Sale: $1,200,000

9/26/20240.84 mi

Area:2,514 sqft
Price/sqft:$477
Beds:4
Baths:3
Year Built:
Weight:21.0%
1116 S Kingsley Dr, Los Angeles, CA 90006

1116 S Kingsley Dr, Los Angeles, CA 90006

Sale: $938,000

12/20/20240.16 mi

Area:2,083 sqft
Price/sqft:$450
Beds:5
Baths:3
Year Built:
Weight:17.3%
1217 S Normandie Ave, Los Angeles, CA 90006

1217 S Normandie Ave, Los Angeles, CA 90006

Sale: $825,000

2/5/20250.35 mi

Area:1,857 sqft
Price/sqft:$444
Beds:4
Baths:2
Year Built:
Weight:16.9%

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