$3,999,000
 $21,467 est/mo Sourced by Back At You

741 S Hobart Boulevard,Los Angeles, CA 90005

Los Angeles, CA 90005

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Description

Located in the vibrant heart of Koreatown, this exceptional 13-unit apartment property offers a rare blend of prime location, strong investment potential, and modern urban living. Positioned on a desirable south and east-facing corner, the building enjoys abundant natural light along with breathtaking city light views.Situated in one of Los Angeles' most dynamic and highly sought-after rental markets, the property presents tremendous upside potential with continued demand and future appreciation. Many of the units have been thoughtfully upgraded with contemporary open-concept floor plans, creating bright, airy living spaces complemented by stylish modern kitchens and comfortable layouts designed for today's lifestyle.Residents enjoy the convenience of covered parking with secure gated access, while being just moments away from renowned restaurants, popular cafs, supermarkets, pharmacies, shopping, entertainment venues, schools, and Metro stations offering the ultimate walkable urban lifestyle.This property also represents an outstanding redevelopment and long-term investment opportunity, surrounded by numerous new luxury and mixed-use developments currently transforming the neighborhood. With ongoing revitalization and strong market momentum throughout Koreatown, this asset offers exceptional potential for future value growth and portfolio enhancement. Most of units have been remodeled !

Details

MLS #26666461
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1961
Days On Site98
Listing Provided ByB & B Investment Properties | Audrey Jung

Features

Bed(s)15
Bath(s)15
SQ Feet11,230
Story(s)2
Units13
Building(s)1
ZoningLAR3P
Acreage0.24
Property ViewYes

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesRange, Refrigerator

Exterior

Security FeaturesCarbon Monoxide Detectors, Security Gate, Gated Community, Smoke Detectors
Lot FeaturesRectangular Lot

Parking

Parking FeaturesAssigned, Concrete, Covered, Electric Gate, Gated

Location

Community FeaturesGated

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90005
AreaC17 Mid Wilshire
Listing VS Median (in 90005)
Price:
$3,999,000
low | high
Med:
$571,944
100% of Average
sqft:
11,230
low | high
Med:
1,001
100% of Average
$ / sqft:
$356
low | high
Med:
$577
12.123569096265% of Average
On site:
98
low | high
Med:
109
89.908256880734% of Average
Sourced by Back At You

Market Activity 90005

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90005
AreaC17 Mid Wilshire
Listing VS Median (in 90005)
Price:
$3,999,000
low | high
Med:
$571,944
100% of Average
sqft:
11,230
low | high
Med:
1,001
100% of Average
$ / sqft:
$356
low | high
Med:
$577
12.123569096265% of Average
On site:
98
low | high
Med:
109
89.908256880734% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.999M - $4.998M
sqft: 8,000 - 14,000
Nearby Listings Property ImageNearby Listings Details
709 S Kingsley Drive Property Photo 1
$6,850,000
709 S Kingsley Drive
Los Angeles, CA 90005
Listing Updated: August 21, 2026 at 11:56:36 PM PDT
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