Opened in 2008 and located in the heart of Los Angeles’ Koreatown district, the 49-unit building, known as The Hobart, consists of one, two, and three bedroom floor plans. Designed by Archeon International Group in a classic Art Deco style, the 6-story structure adds to the agricultural sophistication of the surrounding three block historic Wilshire Apartment District. Organized around a large central courtyard, the building features a children’s play area and lush landscaping. The Hobart provides ample open space and a community atmosphere for all residents. A fully furnished Community Room and Computer Learning Center is also provided. Each of the units is individually wired for high speed Internet and equipped with the most modern energy efficient appliances.
Developer | American Communities
Location | 924 South Hobart Blvd, Los Angeles
Units | 49
Total Development Cost | $19,061,542
Per Unit Cost | $389,011
Time to Complete | 18 Months
Status | Completed December 2008
Funding | 9% Tax Credit, CRA/LA, HCIDLA, FHLB SF Affordable Housing Program
Housing Type | Large Family
Sustainable Features | Energy Efficient Vinyl Windows, Natural Linoleum, No Volatile Organic Compound Flooring, Carpet and Rug Institute Green Carpeting, Energy Star Kitchen Appliances, Low-Flow Toilets and Sinks.