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$3,595,000

268 Hobart Boulevard

Los Angeles, CA 90004

Active

1963

Year Built

Los Angeles

County

CommercialSale

Property Type

About this home

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.

Listed by Ryan Yatman · DRE #01212607 · SP Residential Inc

MLS #1155516199

ListedJan 9, 2026

Property Details

Architecture

Stories1

StyleN/A

Total UnitsN/A

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total6

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.20 ac

Lot FeaturesN/A

ViewN/A

DirectionsNorth East Corner of Hobart/3rd Street.

Community

AreaC17 - Mid-Wilshire

School DistrictN/A

Tax & Financial

TermsN/A

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$19,134/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 5:15 PM

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