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512 S Hobart Blvd
Los Angeles, CA 90020 Koreatown

$7,500,000 USD

Apartments For Sale • 40,148 SF

Property Details

Property Type Apartments
Total Building Size 40,148 SF
Lot Size 0.42 AC
Building Class C
Year Built 1929
Zoning LAR4

90 Transit Score

80 Walk Score

                
                    Highlights
                
                                Part of a 5 building 210 unit portfolio with each building available separately or as part of a package.
                            
                                49-unit, seven-story apartment building constructed in 1929
                            
                                Prime Koreatown location just off Wilshire Boulevard
                            
                                Elevator-served building with controlled access and on-site laundry
                            
                                Subterranean parking plus separate adjoining surface parking parcel (508 S Hobart Blvd)
                            
                                Architecturally significant pre-war asset with longterm land and development optionality

Property Flyers

OM - 508 & 512 S Hobart Blvd

Financial Summary (Proforma)

Net Operating Income: $376,754 USD (2026)

Total Expenses:

$443,707 USD

Amenities

24 Hour Access
Controlled Access
Disposal
Laundry Facilities
Tenant Controlled HVAC
Kitchen
Granite Countertops
Hardwood Floors
Tub/Shower
Walk-In Closets
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Sunset Limited - Amtrak, Texas Eagle - Amtrak)	10 min	-	5.3 mi
L. A. Union Station Metrolink Station (Metrolink 91-Perris Valley Line - Metrolink Trains, Metrolink Orange County Line - Metrolink Trains, Metrolink Riverside Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains, Metrolink Ventura County Line - Metrolink Trains)	11 min	-	5.7 mi
Transit/Subway	Drive	Walk	Distance
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	9 min	0.5 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Bob Hope	21 min	-	11.9 mi
Los Angeles International	24 min	-	12.4 mi
Long Beach (Daugherty Field)	35 min	-	24.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Jonathan Taksa 310-968-5303 RE/MAX Commercial & Investment Realty

512 S Hobart Blvd Los Angeles, CA 90020 Koreatown