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6131 S Hobart Blvd, Los Angeles, CA 90047
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6131 S Hobart Blvd Los Angeles, CA 90047

$989,999
  • 10 Beds
  • 4 Baths
  • 2,770 Sq.Ft.
For Sale
$989,999 Get Pre-Qualified
Map preview of 6131 S Hobart Blvd, Los Angeles, CA 90047

Property Overview: 6131 S Hobart Blvd Los Angeles, CA has 10 bedrooms, 4 bathrooms, 2,770 living square feet and 6,209 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: PROPERTY FRESHLY PAINTED AS OF 01/29/24. Don’t miss the opportunity to own this great quadruplex under million dollars. The property is located in the R3 zoning and offers a total of 10 bedrooms and 4 bathrooms sitting on 6209 square feet lot. Wonderful combinations: (2) 3 bedrooms 1 baths and (2) 2 bedrooms 1 bath, 8 parking spaces in the rear. Separate meters for gas and power. Great current monthly total rent with upside rental potentials in this strong rental market. Ready for investors looking for cash flow or owners occupied. Centrally located, close to shopping malls, freeways, newly built SOFI Stadium, Downtown Los Angeles, USC, Crypto Arena, upcoming Los Angeles Clippers Stadium. Drive By Only. Do Not Disturb Tenants.

Listed by Jules Kanhan | BRE #01359175 | King Harbor Realtors
Last checked: 4 minutes ago | Last updated: February 25th, 2024 | Source CRMLS | DOM: 92
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Home details

Lot Sq. Ft
6,209
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
SB24008430
City
Los Angeles
County
Los Angeles
Time on Site
105 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,168
  • Total Rent: $1,168
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,542
  • Total Rent: $1,542
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,970
  • Total Rent: $1,970
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $86,160
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 6131 S Hobart Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Parking Space, Side by Side, Tandem Uncovered
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6002023014
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Western Ave, West of Harvard Blvd Off 62nd St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 6131 S Hobart Blvd

Last sold for $540,000 on April 4th, 2008

  • January, 2024

  • Jan 15, 2024

    Date

    Active

    CRMLS: SB24008430

    $989,999

    Price

  • September, 2021

  • Sep 10, 2021

    Date

    Active Under Contract

    CRMLS: 21765836

    $920,000

    Price

  • Jul 27, 2021

    Date

    Active

    CRMLS: 21765836

    $920,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible investment opportunity with huge potential and upside. This well maintained 2,770 square foot multi-family building features 10 bedrooms, 4 bathrooms. Hobart Blvd was built in 1947 with (2) 3bedroom 1 bath units and (2) 2bedroom 1 bath units. 8 parking spaces at the rear of the building which can be a space for Adu for additional income (pls check with the city) This property is perfect for anyone seeking to start or expand their Real Estate portfolio. Currently 3 units are under section 8 and 1 is a direct pay tenant. DRIVE-BY ONLY! DO NOT DISTURB TENANTS FOR ANY REASON. Owners have never lived at the property and the property will be sold "AS-IS' condition with current tenants in place. Submit offers subject to interior inspection. Property is near Home Depot, Big Lots, Slauson super mall shopping center, Jackie Tatum Harvard Park, pool and skate plaza. 20 minutes from LAX, Downtown, USC, Banc of California Stadium, SoFi Stadium, and The Forum!

  • April, 2008

  • Apr 4, 2008

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • January, 2006

  • Jan 10, 2006

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

Show More

Tax History for 6131 S Hobart Blvd

Assessed Value (2020): $648,553
Year Land Value Improved Value Assessed Value
2020 $570,491 $78,062 $648,553

Home Value Compared to the Market

This property vs the competition

6131 S Hobart Blvd is listed 19.9% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $357.4 per/sqft which puts the price per square foot 53.76% lower than the median price per square foot for the city of Los Angeles.

About 6131 S Hobart Blvd

Detailed summary of property

6131 S Hobart Blvd is a fourplex located in Los Angeles, CA 90047 and is currently for sale. This fourplex offers 10 bedrooms, 4 bathrooms, roughly 2,770 living square feet, and sits on an approximately 6,209 square foot lot. 6131 S Hobart Blvd was first listed on ArdentRealEstateGroup.com on January 16, 2024. The homeowner is currently asking $989,999. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.9% lower than the median priced home. Local competing homes currently for sale include 7216 S Denker Ave, 1632 W 52nd St and 1217 W 60th Pl. While the average home in Los Angeles, CA is selling in 96 days, 6131 S Hobart Blvd has a days on market of 92 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 6131 S Hobart Blvd Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6131 S Hobart Blvd

Public county record property details
Beds
10
Baths
4
Year built
1947
Sq. Ft.
2,770
Lot Size
6,206
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
6002-023-014

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$758,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$541
Total Inventory
84
Median Sale to List Price %
104.86%
Avg Days on Market
45
Loan Type
Conventional (52.38%), FHA (4.76%), VA (0%), Cash (14.29%), Other (19.05%)

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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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