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1734 S Hobart Blvd, Los Angeles, CA 90006
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1734 S Hobart Blvd Los Angeles, CA 90006

$1,220,000
  • 6 Beds
  • 4 Baths
  • 3,079 Sq.Ft.
For Sale
$1,220,000 Get Pre-Qualified
Map preview of 1734 S Hobart Blvd, Los Angeles, CA 90006

Property Overview: 1734 S Hobart Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,079 living square feet and 5,855 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: Welcome to 1734 S Hobart Blvd, a stunning property situated in the heart of Los Angeles, CA 90006. This residence is truly timeless. A 2-unit income property awaits. Nestled in a vibrant community, this investment promises both immediate returns and future potential. Each unit offers modern amenities, attracting tenants seeking convenience and comfort. With Koreatown's allure and strategic location, occupancy is virtually guaranteed. Whether you're a seasoned investor or diving into real estate, this property stands as a lucrative asset. Don't miss out on this chance to secure a foothold in one of LA's most sought-after districts. Act swiftly to capitalize on this prime income-generating gem.

Listed by Litta Lee | BRE #01094655 | Coldwell Banker Realty
Last checked: 5 minutes ago | Last updated: March 29th, 2024 | Source CRMLS | DOM: 83
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Home details

Lot Sq. Ft
5,855
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24362217
City
Los Angeles
County
Los Angeles
Time on Site
97 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,756
  • Total Rent: $2,756
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,704
  • Total Rent: $2,704
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15
  • Gross Scheduled Income: --
  • Net Operating Income: $71,000
  • Gross Operating Income: $84,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1734 S Hobart Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
Property Information
  • Total # of Units: 2
  • Parcel Number: 5074020002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Washington and East of Western Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1734 S Hobart Blvd

Last sold for $295,000 on December 13th, 2011

  • March, 2024

  • Mar 21, 2024

    Date

    Active

    CRMLS: 24362217

    $1,220,000

    Price

  • December, 2011

  • Dec 13, 2011

    Date

    Sold (Public Records)

    Public Records

    $295,000

    Price

  • July, 2003

  • Jul 30, 2003

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

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Tax History for 1734 S Hobart Blvd

Assessed Value (2020): $338,802
Year Land Value Improved Value Assessed Value
2020 $229,698 $109,104 $338,802

Home Value Compared to the Market

This property vs the competition

1734 S Hobart Blvd is listed 2.32% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $396.23 per/sqft which puts the price per square foot 49.07% lower than the median price per square foot for the city of Los Angeles.

About 1734 S Hobart Blvd

Detailed summary of property

1734 S Hobart Blvd is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 3,079 living square feet, and sits on an approximately 5,855 square foot lot. 1734 S Hobart Blvd was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $1,220,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.32% lower than the median priced home. Local competing homes currently for sale include 2324 W Washington Blvd, 1225 S Normandie Ave and 1109 S Ardmore Ave. While the average home in Los Angeles, CA is selling in 98 days, 1734 S Hobart Blvd has a days on market of 83 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1734 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 1734 S Hobart Blvd

Public county record property details
Beds
4
Baths
2
Year built
1907
Sq. Ft.
2,599
Lot Size
5,853
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5074-020-002

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
$839,000
Median List Price/Sq.Ft.
$598
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$596
Total Inventory
41
Median Sale to List Price %
96.18%
Avg Days on Market
22
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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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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