701 S Hobart Blvd Los Angeles, CA 90005

$5,110,000 Sold Price as of 02/17/2016

-- Beds
-- Baths
26,082 Sq.Ft.

Off Market

$5,110,000 Sold Price as of 02/17/2016 Refinance Your Mortgage

Map preview of 701 S Hobart Blvd, Los Angeles, CA 90005

Property Overview: 701 S Hobart Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 26,082 living square feet and 13,605 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

701 S Hobart Blvd is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 701 S Hobart Blvd

Last sold for $5,110,000 on February 17th, 2016

February, 2016
Feb 17, 2016

Date

Sold (Public Records)

Public Records

$5,110,000

Price
September, 2007
Sep 24, 2007

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 701 S Hobart Blvd

Assessed Value (2020): $5,532,426

Year	Land Value	Improved Value	Assessed Value
2020	$3,355,538	$2,176,888	$5,532,426

About 701 S Hobart Blvd

Detailed summary of property

701 S Hobart Blvd is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90005 and last sold on February 17, 2016 for $5,110,000. This property has -- bedrooms, -- bathrooms, roughly 26,082 living square feet, and sits on an approximately 13,605 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 356.25% higher than the current median priced home. 701 S Hobart Blvd was last sold on February 17, 2016 for $5,110,000. Local nearby listings include 3785 Wilshire Blvd #1805, 3785 Wilshire Blvd #2211 and 3785 Wilshire Blvd #802. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 701 S Hobart Blvd Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 701 S Hobart Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1962
Sq. Ft.: 26,082
Lot Size: 13,605
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 180
APN: 5093-014-019

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$850,000

Median List Price/Sq.Ft.

$655

Median Sold Price

$695,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

92.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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(714) 706-1823

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