$3,595,000

268 S Hobart Boulevard, Los Angeles, CA 90004

5,491 sqft

Commercial Property
Built in 1963
8,742sqft lot
—— car garage
$655/sqft
Listed 4 months ago

Property Description

SIGNALIZED INTERSECTION OF 3RD STREET & HOBART! PRIME KOREATOWN RETAIL ANCHORED BY KOREAN BBQ RESTAURANT - TENRAKU AND PERSONAL FITNESS GYM. 5.31% CAP RATE AT ASKING PRICE WITH NNN LEASES AND UPSIDE IN RENTS. VERY WELL MAINTAINED PROPERTY WITH NO DEFERRED MAINTENANCE. FULL RESTAURANT HAS BEEN IN OPERATIONS FOR YEARS AND HAVE STRONG SALES. PARKING IN FRONT. 3RD STREET HAS FANTASTIC VISIBILITY AND HEAVY TRAFFIC DAILY.

Listing Status:: Active
Date Added:: January 9, 2026
Data Last Updated:: May 21, 2026 at 1:16AM
Listing Office:: SP Residential Inc : 213-389-5888
Listing Agent:: Ryan Yatman : 213-221-4025
MLS ID:: 26666997

Parking: Parking spaces: 6

General: 1

HOA Amenities: 0.0
Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LAC25517014013

Source: CRMLS_CL

This listing courtesy of Ryan Yatman , SP Residential Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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