1100 S HOBART Los Angeles, CA, 90006
$ 1,400,000Bedrooms Baths0.0
for $1,400,000. This home was built in 1923 on a lot size of 0.1426 Acre(s).
Developer's rare opportunity!! Three vacant residential properties (1100, 1106, 1110 S Hobart Blvd. Sold 3 lots together at Total $4.2M). Total lot size of the three lots is 18, 630 SqFt in Koreatown prime location. Buyer to verify property measurements. TOC determination letter of apartment building of total 39 units was already issued and we are expecting building RTI by the end of December, 2018. The apartment building can be converted to condominium building during the construction. The unit mix of the building is: 21 units of 2 bedrooms, 18 units of 3 bedrooms. This is really a developer's rare opportunity to build a fancy apartment or condominium building in the heart of fast growing Koreatown area. Listing agent has an ownership interest in this property.
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Default based on a 30-year fixed rate of 4.125% 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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Single family listings in Los Angeles, CA
Average List Price $2,648,083
Percent of Sale Price 89 %
About Los Angeles, CA
6 % Since 2002
$ 52,600 Median Income
35.79 Median Age
29 % Households with Children