1528 N Hobart Blvd, Los Angeles, CA 90027
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1528 N Hobart Blvd Los Angeles, CA 90027

$3,600,000
  • 11 Beds
  • 12 Baths
  • 9,030 Sq.Ft.
Pending
$3,600,000 Get Pre-Qualified

Map preview of 1528 N Hobart Blvd, Los Angeles, CA 90027

Property Overview: 1528 N Hobart Blvd Los Angeles, CA has 11 bedrooms, 12 bathrooms, 9,030 living square feet and 10,047 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: For Comps purposes only. Sold off-market.

Listed by Chase Simonton | BRE #01766871 | RE/MAX One
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 2
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Home details

Lot Sq. Ft
10,047
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Pending
MLS#
22116477
City
Los Angeles
County
Los Angeles
Time on Site
987 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 12
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,549
  • Total Rent: $13,943
  • Pro Forma/Market Rent: $13,943
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,252
  • Total Rent: $2,504
  • Pro Forma/Market Rent: $2,504
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.18
  • Gross Scheduled Income: --
  • Net Operating Income: $127,987
  • Gross Operating Income: $222,560
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1528 N Hobart Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 12
  • Parcel Number: 5544017017
Location / Neighborhood
Location Information
  • Directions: N of Fountain, E of Los Feliz Blvd
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Sale History for 1528 N Hobart Blvd

Last leased for $1,900 on November 11th, 2021
  • January, 2022

  • Jan 7, 2022

    Date

    Pending

    CRMLS: 22116477

    $3,600,000

    Price

  • Jan 4, 2022

    Date

    Active

    CRMLS: 22116477

    $3,600,000

    Price

  • November, 2021

  • Nov 14, 2021

    Date

    Canceled

    CRMLS: 21796006

    $2,100

    Price

  • Oct 16, 2021

    Date

    Active

    CRMLS: 21796006

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    Spacious two (2) bedroom plus one (1) bath with hardwood flooring, custom kitchen counters, updated and remodeled bath. New windows, new paint, recessed lighting, tile works and stone counters. Private outdoor balcony/ patio. Near the Metro station, Target, shops, restaurants, World renown parks, observatory, schools, media center, Mall(s). Greek Theater/concert venues. Centrally located. Laundry ( coin operated) room outside in carport/parking area. Unit comes with 2 parking spaces.

  • November, 2021

  • Nov 11, 2021

    Date

    Leased

    CRMLS: 21795994

    $1,900

    Price

  • Oct 16, 2021

    Date

    Active

    CRMLS: 21795994

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    Ground level front unit one (1) bedroom plus one (1) bath with sold hardwood floors, updated kitchen and bath and extreamily spacious living room /dinning area. Newer double pane windows, clean and charming window shutters, wall AC, stone counters, bright, new paint, newer hardware and fixtures. Laundry ( coin operated) room outside in carport/parking area. Fridge and Stove included. Near by Griffth Park, hiking trails, observatory, Greek Theater, shops, Target, Metro station, restaurants, media center, production studios, schools Comes with one car parking space.

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Tax History for 1528 N Hobart Blvd

Assessed Value (2020): $901,120
Year Land Value Improved Value Assessed Value
2020 $631,011 $270,109 $901,120

Home Value Compared to the Market

This property vs the competition

1528 N Hobart Blvd is listed 200% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $398.67 per/sqft which puts the price per square foot 48.09% lower than the median price per square foot for the city of Los Angeles.

About 1528 N Hobart Blvd

Detailed summary of property

1528 N Hobart Blvd is a multi family located in Los Angeles, CA 90027 and is currently in escrow to be sold. This multi family property offers 11 bedrooms, 12 bathrooms, roughly 9,030 living square feet, and sits on an approximately 10,047 square foot lot. 1528 N Hobart Blvd was first listed on ArdentRealEstateGroup.com on January 7, 2022. The homeowner is currently asking $3,600,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 200% higher than the median priced home. Local competing homes currently for sale include 4942 Maplewood Ave, 2016 Vista Del Mar St and 4906 Rosewood Ave. While the average home in Los Angeles, CA is selling in 106 days, 1528 N Hobart Blvd has a days on market of 2 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1528 N Hobart Blvd Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1528 N Hobart Blvd

Public county record property details
Beds
11
Baths
12
Year built
1955
Sq. Ft.
9,030
Lot Size
10,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
31,32
APN
5544-017-017

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,488,000
Median List Price/Sq.Ft.
$943
Median Sold Price
$2,340,000
Median Sold Price/Sq.Ft.
$1,093
Total Inventory
81
Median Sale to List Price %
126.55%
Avg Days on Market
35
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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Related Resources to 1528 N Hobart Blvd

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.