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1220 S Hobart Blvd, Los Angeles, CA, 90006

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1220 S Hobart Blvd, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Year Built1905
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #GD24231722
Lot Size0.14 Acres
StatusActive

About 1220 S Hobart Blvd

Prime Investment Opportunity in a Great Location! Welcome to 1220 S Hobart Blvd, a meticulously remodeled 3-unit multi-family home boasting a total of 7 bedrooms and 3 bathrooms across a spacious 3,513 square feet of living space. Situated on a generous 6,212 square-foot lot, this property offers an incredible investment opportunity in a highly desirable area near Downtown Los Angeles. The property features two separate buildings: a newly remodeled 3-bedroom, 2-bathroom single-family house at the front, and a duplex at the back. The single-family house offers a large open-style living room and dining area with tile and wood laminate floors, a spacious kitchen with ample cabinetry storage, and modern appliances including a stove, fridge, dishwasher, and microwave hood. Additionally, there's a convenient laundry room with washer and dryer hookups within the unit. Air conditioning units in the bedrooms ensure year-round comfort. The front house boasts a HUGE attic for extra storage. Experience the comfort of your own private space with a secluded yard, perfect for relaxation and enjoyment. Add beauty and value to your property by planting a variety of flowers and fruit trees, creating a peaceful outdoor oasis for you to enjoy and cherish. Conveniently located near Downtown, this property offers easy access to shopping centers, restaurants, parks, and schools, ensuring a convenient lifestyle for residents. Don't miss out on this exceptional investment opportunity with endless possibilities!

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Stories: 2

Listing Office:

  • Office Name: Prospect Group Inc.
  • Office Email: vartan@prospectgroup.net
  • Listing Agent: Vartan Achabahian

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: W Olympic Blvd to Hobart Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $7,947
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1220 S Hobart Blvd vs Los Angeles

1 DAY ON ROCKET

-37 Days

$1,100,000

+$76.5K More

KEY TAKEAWAY

This property is $76.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24231722

Listing Office:

  • Office Name: Prospect Group Inc.
  • Office Email: vartan@prospectgroup.net
  • Listing Agent: Vartan Achabahian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$7,947$630,706
2020$7,717$624,240
2019$7,564$612,000
2018$6,516$600,000
2017$6,516$520,642

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-187453
4
/10

  • Los Angeles Elementary

  • 1211 S Hobart Blvd

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-187454
4
/10

  • Hobart Boulevard Elementary School

  • 980 S Hobart Blvd

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-187455
3
/10

  • RFK Community Schools - Ambassador School of Global Education

  • 3201 W 8th St

  • 0.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,442. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1220 S Hobart Blvd

This home is located at 1220 S Hobart Blvd in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 1905, sits on a 0.14 acre lot. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $1,100,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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