120 N Hobart Boulevard, Los Angeles, California 90004, Los Angeles, 90004 - 0 bed, 0 bath
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Los Angeles, California 90004
Analysis of 120 N Hobart Boulevard, Los Angeles, California 90004 is currently available with a list price of $1,498,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1938, the property has undergone a comprehensive high-end renovation within the last 5 years. The interior features a fully upgraded modern kitchen with stainless steel appliances, updated bathrooms, new flooring, recessed lighting, and visible central HVAC vents, meeting the criteria for mint condition with no immediate maintenance required.
The main unit is owner-occupied and has been meticulously maintained in pristine condition, offering a rare level of care for a multi-family income property.
Situated in a quiet residential pocket of Koreatown with high walkability to markets, restaurants, and clinics, ensuring strong rental demand and long-term appreciation.
The property features wood flooring throughout all units and a fully upgraded kitchen and bathrooms in the main unit, reducing the need for immediate capital expenditures.
Built in 1938, the property may possess aging plumbing, electrical, or structural systems typical of older Los Angeles builds that require ongoing specialized maintenance.
As a pre-1978 multi-family property in Los Angeles, it is likely subject to the Rent Stabilization Ordinance (RSO), which limits rent increases and impacts the ability to reach market-rate yields.
"A rare and charming property on a quiet residential street in an up-and-coming city neighborhood with easy access to all major freeways. Located in the Koreatown area with markets, clinics, convenience stores, restaurants, and a post office nearby. The seller lives in the main unit at the front. All units are installed with wood floors. The main unit features a fully upgraded kitchen and bathrooms, meticulously maintained by the owner-occupant, ensuring the property is in pristine condition."
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,616 | 2,250 |
| Lot Size | 7,508 | 5,864 |
| Price | $1.50M | $826.7K |
| Price per sq ft | $573 | $395 |
| Built year | 1938 | 1925 |
| HOA | $0 | $0 |
| Days on market | 35 | 83 |
Jun 17, 2026
$1,498,000
Initial Listing
Apr 8, 2021
$1,310,000
Public Record
Apr 16, 2013
$805,000
Public Record
Dec 4, 2003
$600,000
Public Record
Sep 18, 2000
$378,000
Public Record