741 S Hobart Blvd Los Angeles, CA 90005

$2,680,000 Sold Price as of 09/18/2015

15 Beds
15 Baths
11,230 Sq.Ft.

Off Market

$2,680,000 Sold Price as of 09/18/2015 Refinance Your Mortgage

Map preview of 741 S Hobart Blvd, Los Angeles, CA 90005

Property Overview: 741 S Hobart Blvd Los Angeles, CA has 15 bedrooms, 15 bathrooms, 11,230 living square feet and 10,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

741 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 $1,249,888. 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 $249,978 for the down payment and will need roughly $24,998 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 $52,500. 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 741 S Hobart Blvd

Last sold for $2,680,000 on September 18th, 2015

November, 2023
Nov 13, 2023

Date

Canceled

CRMLS: 22156747

$5,000,000

Price
May 19, 2022

Date

Active

CRMLS: 22156747

$5,000,000

Price
Listing provided courtesy of CRMLS

Prime Location! This Property located at the heart of Korea Town. This 13 units Apartment Building is facing south & East and overlooking the city light. Premier Rental Market of K-town with tremendous rental upside. Upgraded units featuring Open Floor Plan with Bright and Airy rooms with modern kitchen design. Unit comes with covered parking space and easy access to Gated Parking. So convenience! Walking distance to many famous restaurants, supermarkets, pharmacy, shops, school, entertainment and Metro Stations. Excellent redevelopment opportunity! Many new trendy development building and constructions are undergoing nearby. Great Potential of increase of the property value!

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September, 2015
Sep 18, 2015

Date

Sold (Public Records)

Public Records

$2,680,000

Price
May, 2011
May 12, 2011

Date

Sold (Public Records)

Public Records

$810,000

Price

Tax History for 741 S Hobart Blvd

Assessed Value (2020): $2,856,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,999,200	$856,800	$2,856,000

About 741 S Hobart Blvd

Detailed summary of property

741 S Hobart Blvd is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90005 and last sold on September 18, 2015 for $2,680,000. This property has 15 bedrooms, 15 bathrooms, roughly 11,230 living square feet, and sits on an approximately 10,500 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 155.24% higher than the current median priced home. 741 S Hobart Blvd was last sold on September 18, 2015 for $2,680,000. Local nearby listings include 908 S Ardmore Ave #502, 3785 Wilshire Blvd #802 and 3785 Wilshire Blvd #1804. The average home in Los Angeles, CA is selling in 96 days. There are currently 3431 homes for sale in the Los Angeles real estate market and 2328 of them are single family homes while 1008 of them are condos and 90 are townhomes. If you are the homeowner and looking to sell the home at 741 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 741 S Hobart Blvd

Public county record property details

Beds: 15
Baths: 15
Year built: 1961
Sq. Ft.: 11,230
Lot Size: 10,500
Stories: --

Type: Apartment House (5+ Units)
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 175,176
APN: 5093-014-014

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

$849,000

Median List Price/Sq.Ft.

$637

Median Sold Price

$830,000

Median Sold Price/Sq.Ft.

$555

Total Inventory

Median Sale to List Price %

94.86%

Avg Days on Market

Loan Type

Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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(714) 706-1823

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