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2060 S Hobart Blvd, Los Angeles, CA 90018
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2060 S Hobart Blvd Los Angeles, CA 90018

$4,100,000 Sold Price as of 08/30/2021
  • 27 Beds
  • 20 Baths
  • 15,461 Sq.Ft.
Sold
$4,100,000 Sold Price as of 08/30/2021 Refinance Your Mortgage
Map preview of 2060 S Hobart Blvd, Los Angeles, CA 90018

Property Overview: 2060 S Hobart Blvd Los Angeles, CA has 27 bedrooms, 20 bathrooms, 15,461 living square feet and 11,994 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold prior to print.

Listed by Wendy Morley | BRE #01788681 | Pinnacle Estate Properties, Inc.
Co-listed by Larry Smart | BRE #01024190 | Pinnacle Estate Properties, Inc.
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
11,994
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR21110393
City
Los Angeles
County
Los Angeles
Time on Site
992 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,338
  • Total Rent: $10,866
  • Pro Forma/Market Rent: $16,000
Unit Breakdown 2
  • # of Units: 11
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 11
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $990
  • Total Rent: $12,855
  • Pro Forma/Market Rent: $16,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $822
  • Total Rent: $822
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.94%
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: $297,738
  • Net Operating Income: $169,365
  • Gross Operating Income: --
  • Laundry Income: $3,220
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $144,759
  • Electric: $2,454
  • Gas/Fuel: $3,170
  • New Taxes: $51,606
  • Trash: $3,600
  • Gardener: $1,800
  • Insurance: $6,957
  • Maintenance: $17,671
  • Professional Management: $11,438
  • Water/Sewer: $22,800

Property Details for 2060 S Hobart Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 19
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 20
  • Parcel Number: 5074032007
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Washington Blvd Between Normandie Ave and Western Ave
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2060 S Hobart Blvd

Last sold for $4,100,000 on August 30th, 2021

  • August, 2021

  • Aug 30, 2021

    Date

    Sold

    CRMLS: SR21110393

    $4,100,000

    Price

  • Aug 30, 2021

    Date

    Active

    CRMLS: SR21110393

    $4,300,000

    Price

  • October, 2020

  • Oct 5, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2004

  • Oct 14, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2060 S Hobart Blvd

Assessed Value (2020): $2,230,472
Year Land Value Improved Value Assessed Value
2020 $955,915 $1,274,557 $2,230,472

Home Value Compared to the Market

This property vs the competition

2060 S Hobart Blvd sold on August 30, 2021 for 261.34% 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 $278.12 per/sqft which puts the price per square foot 63.16% lower than the current median sale per square foot for the city of Los Angeles.

About 2060 S Hobart Blvd

Detailed summary of property

2060 S Hobart Blvd is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 27 bedrooms, 20 bathrooms, roughly 15,461 living square feet, and sits on an approximately 11,994 square foot lot. 2060 S Hobart Blvd was first listed on ArdentRealEstateGroup.com on August 30, 2021. The homeowner sold the property for $4,100,000. 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 261.34% higher than the current median priced home. Local homes that are currently for sale include 1271 W 39th Pl, 1050 S Park View St and 2340 Crenshaw Blvd. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2060 S Hobart Blvd Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2060 S Hobart Blvd

Public county record property details
Beds
--
Baths
20
Year built
1963
Sq. Ft.
15,461
Lot Size
11,993
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5074-032-007

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

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(714) 706-1823

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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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