GREAT INVESTMENT OPPORTUNITY - PRIME 4 UNIT INCOME PROPERTY!!
Exceptional opportunity to acquire a well-maintained 4-unit income property in one of Los Angeles most desirable and rapidily growing rental markets. Ideally situated near Koreatown, Pico-Union, Mid-Wilshire, USC, Downtown LA, and Echo Park, this property offers strong current cash flow with significant long term upside potential. This property consists of approximately 5,264 square feet on a living space on a spacious 8,535 square foot lot. Each of the four generously sized units offers approximately 1,316 square feet and features 2 bedrooms and 1 bathroom. (Title records reflect 1 bedroom and 1 bathroom per unit) The roof of the property is only two years old. Fully tenant-occupied with immediate rental income. Each unit has separate gas and electric meters, tenants pay all utilities except water. 4-car garage parking plus extensive rear parking for up to 8 additional vehicles. Strong rental demand in a high-growth neighborhood surrounded by new development. Conveniently located near premier dining, shopping, local parks, entertainment, and major public transportation, this property presents an outstanding opportunity for investors and potential owner-users alike. Buyer to independently verify square footage, unit count, bedroom/bathroom count, permits, zoning and rent control applicability. Property will be delivered with all tenants in place. Please do not disturb tenants.
Sold for $1,195,000
Listed by: New Century Realtors • Marilu Calderon • Contact: 714-619-8811
Bought with: Hope Investment
$1,195,000
1328 S Hobart Blvd, Los Angeles, CA 90006
8beds
4baths
5,264sqft
Quadruplex
Built in 1916
-- sqft lot
$1,194,800 Zestimate®
$227/sqft
$2,209 Estimated rent
Home value
$1,194,800
$1.09M - $1.31M
$2,209/mo
Zestimate® history
Owner options
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$7,737/mo
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Zillow last checked:
Listing updated:
Listed by:
Marilu Calderon DRE #01149850 714-619-8811,
New Century Realtors
Bought with:
Jung Hong, DRE #00631615
Hope Investment
Source: CRMLS,MLS#: PW26101135
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- None
Cooling
- None, Wall/Window Unit(s)
Appliances
- Included: Water Heater
- Laundry: None
Features
- Granite Counters, Laminate Counters, Open Floorplan, All Bedrooms Down
- Flooring: Carpet, Laminate, Tile
- Windows: Screens
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 5,264
- Total interior livable area: 5,264 sqft
Property
Parking
- Total spaces: 12
- Parking features: Assigned, Garage, Uncovered
- Garage spaces: 4
- Uncovered spaces: 8
Features
- Levels: Two
- Stories: 2
- Entry location: 0
- Pool features: None
- Spa features: None
- Fencing: Wrought Iron
- Has view: Yes
- View description: None
Lot
- Size: 8,535 Square Feet
- Features: Sprinklers In Rear, Sprinklers In Front, Sprinklers Timer, Sprinklers Manual
Details
- Additional structures: Shed(s)
- Parcel number: 5074005006
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Raised
- Roof: Flat
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $227/sqft
- Tax assessed value: $707,711
- Annual tax amount: $9,239
- Date on market: 5/20/2026
- Cumulative days on market: 17 days
- Listing terms: 1031 Exchange
- Tenant pays: Cable TV, Electricity, Gas, Parking Fee, Trash Collection, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Sold | $1,195,000-4.4%$227/sqft |
Source:  CRMLS #PW26101135 Report a problem | ||
| 6/9/2026 | Contingent | $1,250,000$237/sqft |
Source: CRMLS #PW26101135 Report a problem | ||
| 5/21/2026 | Listed for sale | $1,250,000+530.5%$237/sqft |
Source: CRMLS #PW26101135 Report a problem | ||
| 12/7/1998 | Sold | $198,245$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,239 +1.7% | $707,711 +2% |
| 2024 | $9,080 +1.8% | $693,835 +2% |
| 2023 | $8,918 +4.6% | $680,231 +2% |
| 2022 | $8,528 +1.6% | $666,894 +2% |
| 2021 | $8,396 -0.9% | $653,818 +1% |
| 2020 | $8,472 | $647,115 +2% |
| 2019 | $8,472 +5.9% | $634,428 +2% |
| 2018 | $8,004 | $621,990 +2% |
| 2017 | $8,004 +2.1% | $609,795 +2% |
| 2016 | $7,840 +3% | $597,839 +1.5% |
| 2015 | $7,611 +0.7% | $588,860 +2% |
| 2014 | $7,555 | $577,326 +2.5% |
| 2012 | -- | $563,450 +2% |
| 2011 | -- | $552,403 +0.8% |
| 2010 | -- | $548,276 -0.2% |
| 2009 | -- | $549,580 +2% |
| 2008 | -- | $538,805 +2% |
| 2007 | -- | $528,241 +2% |
| 2006 | -- | $517,884 |
| 2005 | -- | $517,884 +50.4% |
| 2004 | -- | $344,442 +1.9% |
| 2003 | -- | $338,130 +2% |
| 2002 | -- | $331,500 +81.6% |
| 2000 | -- | $182,580 |
Find assessor info on the county website
Neighborhood: Harvard Heights
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Nearby schools
GreatSchools rating
- 2/10Los Angeles Elementary SchoolGrades: K-5Distance: 0.1 mi
- 3/10Berendo Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$1,194,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,194,800
- California
- Los Angeles County
- Los Angeles
- 90006
- Harvard Heights
- 1328 S Hobart Blvd
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