741 South Hobart Boulevard Los Angeles, CA ^$ 3,999,000

741 South Hobart Boulevard

^$ 3,999,000

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741 South Hobart Boulevard

Los Angeles, CA, 90005

^$ 3,999,000

Studio Baths0.0 Sq 11,230

Monthly Estimate*

^$ 24,949

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,999,000. This 11,230 square foot home was built in 1961 on a lot size of 0.24.

Prime Location in the Heart of Koreatown!This 13-unit apartment building is ideally situated, facing south and east with stunning city light views. Located in the premier rental market of Koreatown, the property offers significant rental upside potential.The upgraded units feature open floor plans with bright, airy rooms and modern kitchen designs. Each unit includes a covered parking space with easy access to gated parking for added convenience.Enjoy unparalleled walkability to renowned restaurants, supermarkets, pharmacies, shops, schools, entertainment venues, and Metro stations.An excellent redevelopment opportunity, as the area is experiencing a surge of new, trendy developments and ongoing construction projects. A fantastic opportunity for future property value appreciation!

Multi-Family Active

Price

^$ 3,999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Contemporary

Lot Size

0.24

Year Built

1961

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025529171

Features

General

Living Area 11230.0

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Roof Concrete

Zoning LAR3P

Architectural Style Contemporary

Security Features Smoke Detector(s) Automatic Gate Gated Community Carbon Monoxide Detector(s)

Year Built 1961

View City Lights

Levels Two

County Los Angeles

Net Operating Income 167780.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Entry Location Main Level

Senior Community Y/N No

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 10504.0

Property Attached Y/N Yes

Land Lease Y/N No

Standard Status Active

Interior

Kitchen Appliances Disposal Range Oven

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N Yes

Heating Y/N Yes

Laundry Features Community

Total Baths 0

Exterior

Parking Features Assigned Covered Controlled Entrance

Lot Features Rectangular Lot

Lot Size Area 10504.0

Pool Y/N? Yes

Building Area Total 11230.0

Lot Dimensions 70x150

Lot Size Acres 0.24

Land Lease Type Fee

* Excluded Features

List By

Audrey Jung

Listing Agent

B & B Investment Properties

Broker

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$24,949

Per Month

Monthly Principal & Interest: $24,949
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,897,717

Percent of Sale Price 53%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/12/2025	$3,999,000		Listed Price

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741 South Hobart Boulevard, Los Angeles, CA, 90005 is a Multi-Family Home for sale at $3,999,000 with 11,230 sqft and a lot size of 0.24. 741 South Hobart Boulevard is a studio with 0.0 baths and was built in 1961. The property's zip code is 90005 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 11/7/2025. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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741 South Hobart Boulevard

Multi-Family Home for sale in Los Angeles, CA

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