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523 N Hobart Blvd, Los Angeles, CA 90004
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523 N Hobart Blvd Los Angeles, CA 90004

$2,600,000 Sold Price as of 09/29/2020
  • 12 Beds
  • 14 Baths
  • 6,080 Sq.Ft.
Sold
$2,600,000 Sold Price as of 09/29/2020 Refinance Your Mortgage
Map preview of 523 N Hobart Blvd, Los Angeles, CA 90004

Property Overview: 523 N Hobart Blvd Los Angeles, CA has 12 bedrooms, 14 bathrooms, 6,080 living square feet and 6,143 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 523 N. Hobart is a Luxurious, Contemporary BRAND NEW CONSTRUCTION Fourplex built in 2020. Two Standalone 3-Story Duplexes in Prime Hollywood Location! Light, Bright & Airy Units! Each Unit have Private Garages & 1 extra parking space. Each exquisite unit exudes stylish flair, high end finishes, gorgeous Wood Floors, recessed lighting, dual pane windows & sliding glass doors leading to private balconies! Washer/dryer hook-ups in each unit, plus ample cabinet space throughout. Cook's Kitchen opens to living room, center island w/Quartz counter-tops, Modern Backsplash & Stainless steel sink. Master Bedrooms w/full bathroom, walk-in closet & access to private balcony (varies per unit). 2nd & 3rd Bedrooms have ample closet space & some have private balconies! Bathrooms feature stylish tile floors, quartz counter-tops, custom cabinets & brilliant finishes. Centrally located, minutes from Paramount Studios, Raleigh Studios, trendy Larchmont Village, upscale Hancock Park, Koreatown, Freeways & Hollywood Nightlife! Investors: Experience the chic lifestyle of owning what this architectural-style investment has to offer! NO RENT CONTROL, little to no maintenance, BRAND NEW!,separate meters for gas, water & electric & highly desireable rental location.

Listed by Poupee Komenkul | BRE #01060862 | Rodeo Realty
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
6,143
HOA Dues
$0/mo
Year built
2020
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR20145839
City
Los Angeles
County
Los Angeles
Time on Site
1205 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $190,000
  • Net Operating Income: $148,700
  • Gross Operating Income: --
  • Vacancy Allowance: $6,300
Annual Expense Breakdown
  • Total Operating Expense: $35,000
  • New Taxes: $30,000
  • Trash: $4,000
  • Insurance: $2,000

Property Details for 523 N Hobart Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Closet, In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Formal Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Tankless Water Heater
Interior Features
  • Balcony, Corian Counters, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Levels: Three Or More
  • Window Features: Double Pane Windows, Insulated Windows, Screens
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Has Fence
  • Block, Brick, Security
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Direct Garage Access, Driveway, Driveway - Brick, Driveway - Combination, Concrete, Driveway Level, Garage, Garage Faces Front, Garage Faces Side, Guest, Off Street, Parking Space, Private, Public, Shared Driveway
Lot Information
  • Lot Features: 2-5 Units/Acre, Near Public Transit, Paved, Walkstreet
  • Lot Size Source: Builder
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5521012021
  • Year Built Source: Builder
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: on hobart
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 523 N Hobart Blvd

Last sold on October 7th, 2020

  • October, 2020

  • Oct 21, 2020

    Date

    Canceled

    CRMLS: AR20213467

    $3,950

    Price

  • Oct 9, 2020

    Date

    Active

    CRMLS: AR20213467

    $3,950

    Price

  • Listing provided courtesy of CRMLS

  • October, 2020

  • Oct 7, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2020

  • Oct 1, 2020

    Date

    Sold

    CRMLS: SR20145839

    $2,600,000

    Price

  • Sep 25, 2020

    Date

    Pending

    CRMLS: SR20145839

    $2,700,000

    Price

  • Aug 28, 2020

    Date

    Active Under Contract

    CRMLS: SR20145839

    $2,700,000

    Price

  • Aug 7, 2020

    Date

    Active

    CRMLS: SR20145839

    $2,700,000

    Price

  • Aug 4, 2020

    Date

    Coming Soon

    CRMLS: SR20145839

    $2,700,000

    Price

  • September, 2020

  • Sep 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,600,000

    Price

Show More

Tax History for 523 N Hobart Blvd

Assessed Value (2020): $800,700
Year Land Value Improved Value Assessed Value
2020 $596,700 $204,000 $800,700

Home Value Compared to the Market

This property vs the competition

523 N Hobart Blvd sold on September 29, 2020 for 126.89% 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 $444.08 per/sqft which puts the price per square foot 41.18% lower than the current median sale per square foot for the city of Los Angeles.

About 523 N Hobart Blvd

Detailed summary of property

523 N Hobart Blvd is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 12 bedrooms, 14 bathrooms, roughly 6,080 living square feet, and sits on an approximately 6,143 square foot lot. 523 N Hobart Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,600,000. 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 126.89% higher than the current median priced home. Local homes that are currently for sale include 5700 La Mirada Ave, 5662 Fountain Ave and 4351 Normal Ave. While the average home in Los Angeles, CA is selling in 96 days, 523 N Hobart Blvd has a days on market of 19 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 523 N Hobart Blvd Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 523 N Hobart Blvd

Public county record property details
Beds
5
Baths
2
Year built
1912
Sq. Ft.
1,640
Lot Size
6,143
Stories
--
Type
Single Family Residential
Pool
No
Spa
Yes
County
Los Angeles
Lot#
6
APN
5521-012-021

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,388,000
Median List Price/Sq.Ft.
$810
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
64
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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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