$1,649,000
+$49,1001103 S Hobart Boulevard, Los Angeles CA 90006
Multi-Family (Fourplex)
Property type
338 days
On market
$499
Price per sqft
0 cars
Garage
1962
Year built
6,216 sqft
Lot size
Home highlights
Open Houses
Overview
Unbeatable Location in the heart of Koreatown! Just steps from Galleria Market and minutes to Downtown LA, this four-unit property offers the perfect blend of lifestyle and investment. The building features one spacious 3-bed/2-bath unit and three stylish 2-bed/1-bath units, with three recently remodeled. Each unit has separate gas/electric meters and upgraded A/C systems, and...
Listing provided by: Daniel Yoo DRE #01855213, Dream Realty La Crescenta
Listing updated: Apr 19, 2026 at 03:49am.
Last checked: Jun 4, 2026 at 08:31pm
Source: CRMLS #GD25144913
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 2 | — | $3,100 | $37,200 | $3,700 | Partially |
| 1 | 2 | 1 | — | $2,700 | $32,400 | $2,700 | Partially |
| 1 | 2 | 1 | — | $2,250 | $27,000 | $2,700 | Partially |
| 1 | 2 | 1 | — | $1,731 | $20,767 | $2,700 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Units Leased: 4
Total Actual Rent: $117,367
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
14.0x
List Price / Annual Gross Rent
Cap Rate
5.3%
NOI / List Price
Gross Scheduled Income: $117,367
Vacancy Allowance: $3,500
Vacancy Allowance Rate: 3%
Operating Expense: $29,965
Net Operating Income: $87,402
Annual Operating Expenses
Insurance: $3,800
New Taxes: $20,612
Trash: $0
Water / Sewer: $5,040
Interior
Interior Features: Granite Counters
Room Type: Kitchen, Living Room
Flooring: Laminate, Tile
Cooling: Wall Window Units
Heating: Wall Furnace
Appliances: Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Fireplace: None
Laundry: Inside
Entry Location: Front And Parking
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Foundation: Slab
Window Features: Double Pane Windows
Common Walls: One Common Wall
Security Features: Smoke Detectors
Lot Features: Corner Lot, Rectangular Lot
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
Utilities: Sewer Connected
View: Neighborhood
Garage and Parking
Parking: Uncovered
Garage Spaces: 0
Uncovered Spaces: 6
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5080018012
Additional Parcels: No
Tax Lot: 13
Zoning: LAR3
Tax Block: H
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights
Nearby Schools
Nearby schools around the 1103 S Hobart Boulevard, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,319,200
Total Interest
$1,682,567
Total Payment
$3,001,767
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,206
per month
Property History for 1103 S Hobart Boulevard
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
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