{"id":1903,"date":"2021-01-19T18:07:47","date_gmt":"2021-01-20T02:07:47","guid":{"rendered":"https:\/\/www.lee-associates.com\/pasadena\/?p=1903"},"modified":"2021-01-27T15:15:42","modified_gmt":"2021-01-27T23:15:42","slug":"1903","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/pasadena\/2021\/01\/19\/1903\/","title":{"rendered":"Hobart Apartments sold in Koreatown by Robert Leveen"},"content":{"rendered":"<p><strong>January 20, 2021 (LOS ANGELES, CA)<\/strong><\/p>\n<div id=\"attachment_1906\" style=\"width: 310px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1906\" class=\"size-medium wp-image-1906\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2021\/01\/DSC_1550-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2021\/01\/DSC_1550-300x200.jpg 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2021\/01\/DSC_1550-1024x683.jpg 1024w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2021\/01\/DSC_1550-768x512.jpg 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2021\/01\/DSC_1550-1536x1024.jpg 1536w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2021\/01\/DSC_1550-2048x1365.jpg 2048w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2021\/01\/DSC_1550-272x182.jpg 272w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-1906\" class=\"wp-caption-text\">248 S Hobart Blvd, Los Angeles<\/p><\/div>\n<p>Robert Leveen, Senior Vice President at Lee &amp; Associates &#8211; Pasadena successfully closed the sale of Hobart Apartments located at 248 S. Hobart Blvd, Los Angeles in Koreatown. Representing the seller, Mr. Leveen sold this value add opportunity which is an 8-unit apartment constructed in 1928 and consists of eight &#8211; two bedroom\/one and one quarter bath townhome units for $2,190,000 or $273,750 per unit.<\/p>\n<p>The buyer purchased this property in a 1031 exchange, all cash and closed within three weeks.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Share:<\/strong><\/td>\n<td><a href=\"https:\/\/www.facebook.com\/LeePasadena\/photos\/a.1131586967038663\/1570227563174599\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1635\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/facebook-color.jpg.png\" alt=\"\" width=\"34\" height=\"34\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/facebook-color.jpg.png 186w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/facebook-color.jpg-150x150.png 150w\" sizes=\"auto, (max-width: 34px) 100vw, 34px\" \/><\/a><\/td>\n<td><a href=\"https:\/\/www.instagram.com\/p\/CKP9RGwjrBE\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1632\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color-300x300.png\" alt=\"\" width=\"36\" height=\"36\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color-300x300.png 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color-150x150.png 150w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/instagram-color.png 560w\" sizes=\"auto, (max-width: 36px) 100vw, 36px\" \/><\/a><\/td>\n<td><a href=\"https:\/\/www.linkedin.com\/posts\/lee-associates-pasadena_leepasadena-leeassociates-multifamily-activity-6757476331006648320-Jior\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1633\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-300x300.png\" alt=\"\" width=\"35\" height=\"35\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-300x300.png 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-150x150.png 150w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn-768x768.png 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/LinkedIn.png 1024w\" sizes=\"auto, (max-width: 35px) 100vw, 35px\" \/><\/a><\/td>\n<td><a href=\"https:\/\/twitter.com\/LeePasadena\/status\/1351711069228597248?s=20\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1634\" src=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-300x300.png\" alt=\"\" width=\"35\" height=\"35\" srcset=\"https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-300x300.png 300w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-150x150.png 150w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-768x768.png 768w, https:\/\/www.lee-associates.com\/pasadena\/wp-content\/uploads\/sites\/58\/2019\/11\/twitter-1024x1024.png 1024w\" sizes=\"auto, (max-width: 35px) 100vw, 35px\" \/><\/a><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong><em>###<\/em><\/strong><\/p>\n<p><strong><u>ABOUT LEE &amp; ASSOCIATES<br \/>\n<\/u><\/strong>Lee &amp; Associates \u2013 Pasadena is a full service commercial real estate company headquartered in Pasadena, CA. Our client-focused brokers specialize in office, retail, tenant advisory, multifamily, and investment sales. As the fastest-growing broker-owned firm in the nation, with more than 60 office locations in North America, we are uniquely qualified to support our clients\u2019 real estate needs in the local, national and international markets. For more information, visit\u00a0<a href=\"http:\/\/www.lee-pasadena.com\/\">lee-pasadena.com<\/a>.<\/p>\n<p><strong><em>###<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>January 20, 2021 (LOS ANGELES, CA) Robert Leveen, Senior Vice President at Lee &amp; Associates &#8211; Pasadena successfully closed the sale of Hobart Apartments located at 248 S. Hobart Blvd, Los Angeles in Koreatown. Representing the seller, Mr. Leveen sold this value add opportunity which is an 8-unit apartment constructed in 1928 and consists of eight &#8211; two bedroom\/one and one quarter bath townhome units for $2,190,000 or $273,750 per unit. The buyer purchased this&#8230;<\/p>\n","protected":false},"author":72,"featured_media":1909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,2],"tags":[],"class_list":["post-1903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-press-releases"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.6 (Yoast SEO v28.6) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hobart Apartments sold in Koreatown by Robert Leveen - Lee &amp; Associates Pasadena<\/title>\n<meta name=\"description\" content=\"8 unit apartment sold in Koreatown, LA by Robert Leveen from Lee &amp; Associates - Pasadena. 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