8 months on rocket

Backup Offers

7400 S Hobart Blvd, Los Angeles, CA, 90047

$650,000

Home List Price

$7,719*

Closing Credit

3 Bedrooms
2 Full Baths
1,948 SqFt
$334/SqFt
Multi

Location

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7400 S Hobart Blvd, Los Angeles$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1926
CoolingOther
FireplaceLiving Room
ViewNone
MLS #IV24046719
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7400 S Hobart Blvd

**Court Confirmation REQUIRED** This property, located in the city of Los Angeles, is a diamond in the rough, sold as-is, perfect for those looking for a fixer-upper with great potential. Situated a short distance from the SOFI Stadium, LAX Airport, and other monumental areas, this duplex features one unit with 2 bedrooms and 1 bath, and another unit with 1 bedroom and 1 bath. Both units boast hardwood floors, fireplaces in the living rooms, and laundry rooms. Spacious layouts make these homes ideal for their size. Additionally, there's a backyard and a converted garage studio with a kitchenette and 1 bath (unpermitted). While the home needs some work, the opportunity here can be highly advantageous!

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Stories: 1
  • Living Area: 1,948 SqFt

Listing Office:

  • Office Name: CMB REALTY SERVICES
  • Office Phone: (951) 575-9750
  • Listing Agent: KAMA BURTON

Interior Features

Interior Information:

  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Cooling: Other

Other

Directions Information:

  • Directions: Western and Florence

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $334/SqFt

Tax Information:

  • Annual Amount: $5,817
  • 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

7400 S Hobart Blvd vs Los Angeles

248 DAYS ON ROCKET

+210 Days

$650,000

-$373.4K Less

$334/SqFt

-$307 Less

KEY TAKEAWAY

This property is $373.4K less than the Median Sold Price and $307/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV24046719

Listing Office:

  • Office Name: CMB REALTY SERVICES
  • Office Phone: (951) 575-9750
  • Listing Agent: KAMA BURTON

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: 11/14/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2015Home Sold
$435,000
Nov 26, 2014Home Sold
$281,000
Nov 23, 1992Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,817$475,733
2020$5,645$470,856
2019$5,581$461,624
2018$5,479$452,574
2017$5,479$443,700

History based on county public records data.

Payment Calculator

$3,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

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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-178908
5
/10

  • 74th Street Elementary School

  • 2112 W 74th St

  • 0.48 miles

  • Public District Grades KG-5

school-card-donut-178909
4
/10

  • Raymond Avenue Elementary

  • 7511 Raymond Ave

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-178910
5
/10

  • Learning by Design Charter

  • 7019 S Van Ness Ave

  • 0.64 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,859. Most Los Angeles, CA residents have annual incomes less than $35k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90047›7400 S Hobart Blvd

This home is located at 7400 S Hobart Blvd in Los Angeles, CA and zip code 90047 in the South LA neighborhood. This 1,948 square foot home, which was built in 1926, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 10, 2024 and is currently priced at $650,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

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

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