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1416 S Hobart Blvd, Los Angeles, CA 90006
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1416 S Hobart Blvd Los Angeles, CA 90006

$1,395,000 Sold Price as of 05/13/2022
  • 8 Beds
  • 0 Baths
  • 4,332 Sq.Ft.
Sold
$1,395,000 Sold Price as of 05/13/2022 Refinance Your Mortgage
Map preview of 1416 S Hobart Blvd, Los Angeles, CA 90006

Property Overview: 1416 S Hobart Blvd Los Angeles, CA has 8 bedrooms, -- bathrooms, 4,332 living square feet and 8,216 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Korea Town Multi Family Property.

Listed by Jay An | BRE #01074193 | Re/Max Tri-City Realty
Last checked: 15 minutes ago | Last updated: May 13th, 2022 | Source CRMLS | DOM: 117

Home details

Lot Sq. Ft
8,216
HOA Dues
$0/mo
Year built
1917
Garage
6 Car
Property Type:
Multi Family
Status
Sold
MLS#
320008943
City
Los Angeles
County
Los Angeles
Time on Site
752 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $125
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Total Rent: $1,108
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Total Rent: $1,490
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Total Rent: $1,211
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Total Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 0%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Maintenance: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $0

Property Details for 1416 S Hobart Blvd

Interior Features
Room Information
  • Flooring: Carpet
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Other
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Public Records
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5074005009
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: S of Pico & On Hobart. Cross Streets: 121TH ST
View more facts & features

Local Los Angeles Agent

Sale History for 1416 S Hobart Blvd

Last sold for $1,395,000 on May 13th, 2022

  • May, 2022

  • May 13, 2022

    Date

    Sold

    CRMLS: 320008943

    $1,395,000

    Price

  • Jan 13, 2022

    Date

    Active

    CRMLS: 320008943

    $1,550,000

    Price

  • July, 2021

  • Jul 27, 2021

    Date

    Expired

    CRMLS: 21687082

    $1,350,000

    Price

  • Jul 22, 2021

    Date

    Price Change

    CRMLS: 21687082

    $1,350,000

    Price

  • Jan 29, 2021

    Date

    Active

    CRMLS: 21687082

    $1,403,000

    Price

  • Listing provided courtesy of CRMLS

    The rent paid well during pandemic period.!!!!!!! Well-maintenance 4-plex in historic Harvard Heights area(HPOZ) of Koreatown. Over 4300 square feet! This is a good income property rooms are good size show them. The subject property consists of four large two bedrooms and one bath units with huge parking space. Extra income from storage $125/month.

  • November, 2017

  • Nov 13, 2017

    Date

    Sold

    CRMLS: 317006557

    $1,080,000

    Price

  • Oct 17, 2017

    Date

    Pending

    CRMLS: 317006557

    $1,100,000

    Price

  • Sep 26, 2017

    Date

    Active Under Contract

    CRMLS: 317006557

    $1,100,000

    Price

  • Sep 23, 2017

    Date

    Active

    CRMLS: 317006557

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

  • November, 2017

  • Nov 6, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,080,000

    Price

  • July, 2016

  • Jul 15, 2016

    Date

    Sold (Public Records)

    Public Records

    $885,000

    Price

Show More

Tax History for 1416 S Hobart Blvd

Assessed Value (2020): $1,123,632
Year Land Value Improved Value Assessed Value
2020 $811,512 $312,120 $1,123,632

Home Value Compared to the Market

This property vs the competition

1416 S Hobart Blvd sold on May 13, 2022 for 30.25% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $357.8 per/sqft which puts the price per square foot 52.61% lower than the current median sale per square foot for the city of Los Angeles.

About 1416 S Hobart Blvd

Detailed summary of property

1416 S Hobart Blvd is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 8 bedrooms, -- bathrooms, roughly 4,332 living square feet, and sits on an approximately 8,216 square foot lot. 1416 S Hobart Blvd was first listed on ArdentRealEstateGroup.com on April 26, 2022. The homeowner sold the property for $1,395,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 30.25% higher than the current median priced home. Local homes that are currently for sale include 1126 S Mariposa Ave, 2012 S La Salle Ave and 1138 Fedora St. While the average home in Los Angeles, CA is selling in 94 days, 1416 S Hobart Blvd has a days on market of 117 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1416 S Hobart Blvd Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1416 S Hobart Blvd

Public county record property details
Beds
8
Baths
4
Year built
1917
Sq. Ft.
4,332
Lot Size
8,216
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8,9
APN
5074-005-009

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$602
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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