We are pleased to present a seventeen-unit multifamily property located in Koreatown, California. Situated at 701 South Hobart Boulevard, east of South Western Avenue, and just south of Wilshire Boulevard, the property is located in a prime Koreatown location. Koreatown is located between Hollywood and Downtown and has seen an influx of new developments as rents have risen substantially in the area.Built in 1962, this three-story property has an excellent unit mix of two, two-bedroom/one-bathroom units, and 15, two bedroom-two-bathroom unit. A new elevator was just installed and the property features ample on-site garage parking as well as leased laundry facilities.
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