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Stacey Alysson Melman

1518 S Hobart BL
Los Angeles, CA, 90006
$1,350,000
7 Beds
5 Baths
3,499 SqFt
0.12 Acres
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MLS #26849561 image #0
Don’t miss this outstanding opportunity to acquire a fully occupied 5-unit income property at 1518 S Hobart Blvd, Los Angeles. Featuring a desirable unit mix of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units, this property offers immediate and stable cash flow with long-term tenants already in place. Each unit is individually metered for gas and electricity, helping reduce owner expenses and simplify property management. Investors will appreciate the property’s strong rental demand, reliable income stream, and low-maintenance operation. Ideally located near shopping, dining, public transportation, schools, and major employment centers, the property also enjoys convenient access to the 10 and 101 Freeways, making it highly attractive to tenants. Ample street parking further enhances its appeal. Whether you’re a seasoned investor or looking to expand your portfolio, this is a rare opportunity to secure a well-performing asset in one of Los Angeles’ most sought-after rental markets. The seller is highly motivated and ready to consider serious offers. Submit your offer today and take advantage of this exceptional investment opportunity!
AGENT: Soon Hee Lee
LISTING BROKERAGE: Landpac Properties
1518 S Hobart BL
Los Angeles, CA

Property Details

Price:
$1,350,000
MLS #:
26849561
Status:
Active
Beds:
7
Baths:
5
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Jun 18, 2026
Finished Sq Ft:
3,499
Total Sq Ft:
3,499
Lot Size:
5,400 sqft / 0.12 acres (approx)
Year Built:
1962
C16 – Mid Los AngelesC16midlosangeles
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Schools

Interior

Cooling
NO
Heating
FA
Levels
A

Exterior

Financial

Gross Operating Income
$93,151
Net Operating Income
$61,731

Map

Community

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