1103 S Hobart Blvd, Los Angeles, CA 90006 - View 1
1103 S Hobart Blvd, Los Angeles, CA 90006 - View 2
1103 S Hobart Blvd, Los Angeles, CA 90006 - View 3

1103 S Hobart Blvd, Los Angeles, CA 90006

Sale Price: $1,130,000
Nov 12, 20243,303 sqft9 beds5 baths
Listed by: Robert Leveen
License #: 01476685
Phone #: 213-995-6684
Robert Leveen
Source:
CRMLS Logo
MLS #: 24462143

Property Description

Hobart Apartments, a Lender Owned investment opportunity located at 1103 S. Hobart Blvd, Los Angeles, CA. The offering is a four unit property located in the Koreatown district of Los Angeles. The property is comprised of three x two bedroom/one bath, and one x three bedroom/one and three-quarter bath apartments. Please note, the 3 bedroom unit's interior closets are in the hallway. The three bedroom apartment is ideal for an owner-user. The property was constructed in 1962 and is subject to the city of Los Angeles Rental Stabilization Ordinance. The 3,303 SF property is situated on a 6,214 corner parcel. The property is individually metered for gas and electricity. Additionally, the property has individual water heaters. Currently, there are three occupancies; with one occupant in eviction. Recent capital improvements include newer windows, and mini-split air conditioning systems. Please contact listing agents for more information
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“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

$15,537

TurboHome Estimated Value

$1,065,400

$323 sqft

High Valuation
$1,118,670
$339/sqft
Normal Valuation
$1,065,400
$323/sqft
Low Valuation
$1,012,130
$306/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$323/sqft$1,065,400

Neighborhood: Mid City

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Comparative Value

$915K

$1.09M

$1.13M

$1.17M

$1.35M

2046 S Burnside Ave, Los Angeles, CA 90016

Sale Price: $915,000

Selected Comparable

1103 S Hobart Blvd, Los Angeles, CA 90006

List Price: $1,095,000

Subject Property

2018 W 27th St, Los Angeles, CA 90018

Sale Price: $1,126,000

Selected Comparable

1103 S Hobart Blvd, Los Angeles, CA 90006

Sale Price: $1,130,000

Selected Comparable

1946 S Harcourt Ave, Los Angeles, CA 90016

Sale Price: $1,170,000

Selected Comparable

2625 San Marino St, Los Angeles, CA 90006

Sale Price: $1,355,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1103 S Hobart Blvd, Los Angeles, CA 90006

1103 S Hobart Blvd, Los Angeles, CA 90006

List: $1,095,000

Listed: 11/12/2024

Area:3,303 sqft
Price/sqft:$332
Beds:9
Baths:5
Year Built:
Lot Size:6,216

Comparable Properties

COMPARABLE
Choose comps
1103 S Hobart Blvd, Los Angeles, CA 90006

1103 S Hobart Blvd, Los Angeles, CA 90006

Sale: $1,130,000

1/31/20250.00 mi

Area:3,303 sqft
Price/sqft:$342
Beds:9
Baths:5
Year Built:
Weight:36.8%
2046 S Burnside Ave, Los Angeles, CA 90016

2046 S Burnside Ave, Los Angeles, CA 90016

Sale: $915,000

8/28/20243.10 mi

Area:3,408 sqft
Price/sqft:$268
Beds:8
Baths:4
Year Built:
Weight:19.0%
2018 W 27th St, Los Angeles, CA 90018

2018 W 27th St, Los Angeles, CA 90018

Sale: $1,126,000

9/10/20241.40 mi

Area:2,542 sqft
Price/sqft:$443
Beds:8
Baths:6
Year Built:
Weight:15.8%
2625 San Marino St, Los Angeles, CA 90006

2625 San Marino St, Los Angeles, CA 90006

Sale: $1,355,000

3/24/20251.22 mi

Area:4,680 sqft
Price/sqft:$290
Beds:8
Baths:4
Year Built:
Weight:15.8%
1946 S Harcourt Ave, Los Angeles, CA 90016

1946 S Harcourt Ave, Los Angeles, CA 90016

Sale: $1,170,000

8/13/20242.29 mi

Area:4,348 sqft
Price/sqft:$269
Beds:8
Baths:4
Year Built:
Weight:12.5%

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