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1113 S Hobart Blvd, Los Angeles, CA 90006

List Price: $1,175,000On Market FlagOn market
Jan 14, 20253,692 sqft7 beds5 baths
Listed by: Jayson Kim
License #: 01138533
Phone #: 213-500-4134
Infini Realty Advisors, Inc
Source:
CRMLS Logo
MLS #: 25482945

Property Description

Infini Realty Advisors is pleased to offer a sale of the highly sought-after 5-unit apartment in the high rental demand area near main corridor in Koreatown. There is a significant upside in the current rents and 2 unit will be delivered vacant providing new owner(s) an opportunity to improve the property's cash flow. Additionally, the property boasts development opportunity as it sits on the R3 zone allowing the multi-units development. Property is located in walking distant to shopping, dining and public transportation and the surrounding area has seen numbers of new development of newer multi-units which transformed the area into a desirable rental location.
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

$14,583

TurboHome Estimated Value

$1,073,600

$291 sqft

High Valuation
$1,127,280
$305/sqft
Normal Valuation
$1,073,600
$291/sqft
Low Valuation
$1,019,920
$276/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$291/sqft$1,073,600

Neighborhood: Mid City

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Comparative Value

$875K

$915K

$1.10M

$1.18M

$1.27M

$1.40M

1936 S West View St, Los Angeles, CA 90016

Sale Price: $875,000

Selected Comparable

2046 S Burnside Ave, Los Angeles, CA 90016

Sale Price: $915,000

Selected Comparable

1714 7th Ave, Los Angeles, CA 90019

Sale Price: $1,105,000

Selected Comparable

1113 S Hobart Blvd, Los Angeles, CA 90006

List Price: $1,175,000

Subject Property

2122 6th Ave, Los Angeles, CA 90018

Sale Price: $1,275,000

Selected Comparable

1828 S Curson Ave, Los Angeles, CA 90019

Sale Price: $1,400,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1113 S Hobart Blvd, Los Angeles, CA 90006

1113 S Hobart Blvd, Los Angeles, CA 90006

List: $1,175,000

Listed: 1/14/2025

Area:3,692 sqft
Price/sqft:$318
Beds:7
Baths:5
Year Built:
Lot Size:6,215

Comparable Properties

COMPARABLE
Choose comps
1714 7th Ave, Los Angeles, CA 90019

1714 7th Ave, Los Angeles, CA 90019

Sale: $1,105,000

3/13/20251.26 mi

Area:3,018 sqft
Price/sqft:$366
Beds:7
Baths:6
Year Built:
Weight:24.3%
1828 S Curson Ave, Los Angeles, CA 90019

1828 S Curson Ave, Los Angeles, CA 90019

Sale: $1,400,000

2/24/20253.29 mi

Area:2,974 sqft
Price/sqft:$471
Beds:6
Baths:5
Year Built:
Weight:20.1%
2122 6th Ave, Los Angeles, CA 90018

2122 6th Ave, Los Angeles, CA 90018

Sale: $1,275,000

1/23/20251.36 mi

Area:5,220 sqft
Price/sqft:$244
Beds:7
Baths:6
Year Built:
Weight:19.9%
1936 S West View St, Los Angeles, CA 90016

1936 S West View St, Los Angeles, CA 90016

Sale: $875,000

8/14/20242.38 mi

Area:3,875 sqft
Price/sqft:$226
Beds:6
Baths:6
Year Built:
Weight:18.4%
2046 S Burnside Ave, Los Angeles, CA 90016

2046 S Burnside Ave, Los Angeles, CA 90016

Sale: $915,000

8/28/20243.09 mi

Area:3,408 sqft
Price/sqft:$268
Beds:8
Baths:4
Year Built:
Weight:17.4%

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