#CV25006695, Lidia Venegas Valencia, Listing office: RE/MAX TOP PRODUCERS

1103 S Hobart Blvd Los Angeles, CA 90006
Property details
About 1103 S Hobart Blvd
Unbeatable Location! Location! Location! Nestled near the vibrant intersection of Olympic Blvd and Western Ave, just steps from Galleria Market and minutes to Downtown Los Angeles, this exceptional four-unit property is perfectly positioned for both lifestyle and investment growth. The building features a spacious 3-bedroom, 2-bath unit and three stylish 2-bedroom, 1-bath units — three of which have been beautifully remodeled to meet modern tenant expectations. Each unit is separately metered for gas and electricity and equipped with upgraded air conditioning systems. Tenants cover all utilities except water, maximizing your net income. Secure, gated parking off 11th Street offers assigned spaces for each unit, with the added bonus of potential ADU development in the parking area — a valuable opportunity for future expansion. Unit 1 boasts a desirable private wrap-around patio, a rare amenity that will attract quality tenants or landlord to live. This property is perfectly positioned to capitalize on strong rental demand. At market rents, the projected cap rate is an impressive, making this a standout addition to any portfolio. Situated in one of Koreatown’s hottest growth corridors, surrounded by extensive new construction and renovation projects, this property offers significant rental upside in an investor-friendly neighborhood. Quick freeway access and proximity to Downtown LA further elevate this exceptional investment opportunity.
Highlights
Summary
- Appliances: Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
- Flooring Type: Laminate, Tile
- Interior: Granite Counters
- Fireplace: None
- Private Pool: No
- Parking: Uncovered
- View: Neighborhood
- Heating: Wall Furnace
- Cooling: Wall/Window Unit(s)
- List Price: $1,690,000
- HOA Amount: $0
- Annual Tax Amount: $13,550
- Tax Year: 2024
- Lot: Corner Lot, Rectangular Lot
- Directions: Corner of 11th and Hobart Blvd
- Year Built: 1962
- Stories: 2
- Lot Size: 0.1427 Acres
- MLS Number: GD25144913
- MLS Name: CRMLS
- Office Name: Dream Realty La Crescenta
- Office Phone: (818) 389-1872
- Listing Agent: Daniel Yoo
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/9/2025, 5:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 20, 2005 | Home Sold | $905,000 |
Feb 06, 2004 | Home Sold | $755,000 |
Oct 06, 2003 | Home Sold | $600,000 |
Apr 26, 1999 | Home Sold | $300,000 |
Jan 05, 1998 | Home Sold | $255,000 |
Oct 18, 1995 | Home Sold | $34,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,081,631 | $13,550 |
2023 | $1,060,424 | $13,297 |
2022 | $1,039,633 | $12,692 |
2021 | $1,019,249 | $12,525 |
2020 | $1,008,799 | $12,157 |
2019 | $989,019 | $12,016 |
2018 | $969,628 | $11,761 |
2017 | $950,617 | $11,761 |
History based on county public records data.
Nearby schools
4
Los Angeles Elementary
Public District KG-5
0.1 mi
•1211 S Hobart Blvd
4
Vista Horizon Global Academy
Public Charter KG-5
0.2 mi
•980 S Hobart Blvd
4
Hobart Boulevard Elementary School
Public District KG-5
0.2 mi
•980 S Hobart Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,442. Most Los Angeles, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1103 S Hobart Blvd
The listing price of 1103 S Hobart Blvd property is $1,690,000.
The property 1103 S Hobart Blvd is a multi located in Los Angeles, California, 90006.
Active Listing: 1103 S Hobart Blvd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1103 S Hobart Blvd are: Los Angeles Elementary (GreatSchools Rating 4/10), Vista Horizon Global Academy (GreatSchools Rating 4/10), Hobart Boulevard Elementary School (GreatSchools Rating 4/10), Monsenor Oscar Romero Charter Middle School (GreatSchools Rating 2/10), Berendo Middle School (GreatSchools Rating 4/10), Pico Pico Middle School (GreatSchools Rating 4/10), RFK Community Schools - New Open World Academy (GreatSchools Rating 4/10), RFK Community Schools - UCLA Community School (GreatSchools Rating 5/10), RFK Community Schools - Ambassador School of Global Leadership (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $13,550 (source: MLS/based on county public records data).
The last sale was on April 20, 2005 for $905,000 (source: MLS/tax record).
The year of construction for 1103 S Hobart Blvd is 1962.
This home is located at 1103 S Hobart Blvd in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 2, 2025 and is currently priced at $1,690,000.
Los Angeles, CA housing market in June 2025 saw over 282 listings sold above listed price, more than 108 sold at listed price and over 339 sold below. The number of listings in Los Angeles, CA increased by 9% between May and June 2025. In June 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $876,067.