532 S Hobart Blvd | Los Angeles, CA 90020
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
532 S Hobart Blvd
Los Angeles, CA 90020
Multifamily Property For Sale · 29 Units
Investment Highlights
- First time on market in over 30 years
- Offered at $144,828/Unit
- Multiple Capital Improvements Including a New Elevator & Boiler
- Well-Maintained Asset Featuring Classic Finishes and Value Add- Potential
- 4.16% Cap Rate on Current Income (8.51% on Market Income)
- Opportunity for New Owner to Drive Operational Efficiencies by Capturing Upside in Rents and Implementing RUBS
PROPERTY FACTS
| No. Units | 29 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 20,520 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1925 |
| Building Class | C |
| No. Units | 29 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 20,520 SF |
| No. Stories | 3 |
| Year Built | 1925 |
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Gated
- Recycling
- Walk-Up
PROPERTY TAXES
| Parcel Number | 5503-022-012 | Improvements Assessment | $300,444 |
| Land Assessment | $144,192 | Total Assessment | $444,636 |
PROPERTY TAXES
Parcel Number
5503-022-012
Land Assessment
$144,192
Improvements Assessment
$300,444
Total Assessment
$444,636
zoning
| Zoning Code | R4 |
| R4 |
Learn More About Investing in Apartment Buildings
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
