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6131 S Hobart Blvd

Los Angeles, CA 90047
  • $920,000
  • STATUS: Active Under Contract
  • ON SITE: 83 Days
  • MLS #: 21-765836
Under Contract
$920,000
  • 10
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,770
    SQFT
  • $332
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

Incredible investment opportunity with huge potential and upside. This well maintained 2,770 square foot multi-family building features 10 bedrooms, 4 bathrooms. Hobart Blvd was built in 1947 with (2) 3bedroom 1 bath units and (2) 2bedroom 1 bath units. 8 parking spaces at the rear of the building which can be a space for Adu for additional income (pls check with the city) This property is perfect for anyone seeking to start or expand their Real Estate portfolio. Currently 3 units are under section 8 and 1 is a direct pay tenant. DRIVE-BY ONLY! DO NOT DISTURB TENANTS FOR ANY REASON. Owners have never lived at the property and the property will be sold "AS-IS' condition with current tenants in place. Submit offers subject to interior inspection. Property is near Home Depot, Big Lots, Slauson super mall shopping center, Jackie Tatum Harvard Park, pool and skate plaza. 20 minutes from LAX, Downtown, USC, Banc of California Stadium, SoFi Stadium, and The Forum!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-18T23:42:35.52. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/119769501
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6131 S Hobart Blvd Los Angeles, CA 90047

  • Price: $920,000
  • Status: Active Under Contract
  • MLS #: 21-765836
10
Beds
0
Baths
0
½ Baths
0.14
Acres
2,770
SQFT
$332
$/SQFT
1947
Built
Neighborhood:
Los Angeles Southwest
County:
Los Angeles
Area:
Los Angeles Southwest
Property Description
Incredible investment opportunity with huge potential and upside. This well maintained 2,770 square foot multi-family building features 10 bedrooms, 4 bathrooms. Hobart Blvd was built in 1947 with (2) 3bedroom 1 bath units and (2) 2bedroom 1 bath units. 8 parking spaces at the rear of the building which can be a space for Adu for additional income (pls check with the city) This property is perfect for anyone seeking to start or expand their Real Estate portfolio. Currently 3 units are under section 8 and 1 is a direct pay tenant. DRIVE-BY ONLY! DO NOT DISTURB TENANTS FOR ANY REASON. Owners have never lived at the property and the property will be sold "AS-IS' condition with current tenants in place. Submit offers subject to interior inspection. Property is near Home Depot, Big Lots, Slauson super mall shopping center, Jackie Tatum Harvard Park, pool and skate plaza. 20 minutes from LAX, Downtown, USC, Banc of California Stadium, SoFi Stadium, and The Forum!
Exterior Features

Direction Faces North Levels Two Lot Size Area 6207 Other Structures None Parking Garage UncoveredSide By SideTandem Total Parking 0 View Description None View YN No Water Frontage None

Interior Features

Baths Total 4.00 Cooling None Equipment Other Heating Wall

Property Features

Assessed Total Value 648553 Gardener Expense 80.00 Gross Income 6563 Gross Operating Income 78756 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Net Operating Income 72396.00 Number Of Buildings 1 Number Of Units 4 Sale Type Standard Sewer In Street Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 530 Type Of Units 2-Story Water Expense 450.00 Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Jonathan Anozie DRE#01252062 of The Realty Exchange Firm.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-18T23:42:35.52. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270