The James Group is pleased to present 2060 S. Hobart Blvd, a value-add multifamily investment opportunity in Harvard Heights, just South of Koreatown.
The subject property is a three story apartment building built in 1963 and consist of (1) Studio, (11) one bedrooms, and (8) two bedroom units in a 15,461 square foot building. Currently 100% occupied, the property sits on a large 11,994 square foot lot zoned RD2. There are a total 20 parking spaces including 14 individual parking spaces and 6 tandem spaces. The property is separately metered for both gas and electricity. A communal laundry is located on the ground floor.
The property has undergone exterior and common area renovations which include an updated lobby, new paint, Amazon locker, updated security door, and updated interior and exterior lights. 4 of the 20 units have been renovated. The street is very quiet surrounded by homes with very little traffic.
