NOT LISTED FOR SALE

1046 S Hobart Blvd Los Angeles, CA 90006

Harvard Heights Neighborhood
13 Beds
7 Baths
4,320 Sq Ft
6,210 Sq Ft Lot

Last Sold February 12, 2015

Last sale price $1,160,000 $269 Per Sq Ft

24 Days on Market

About This Home

As of February 2015

This is the cleanest bread and butter mid century building you will find on a premiere wide street in Mid Wilshire that is peppered with single family homes and new condos across the street. This is a LAR4 lot for possible future development. This building is equidistant to LA and Downtown.The unit mix is incredible with nearly all 2 bedroom units and one owners unit that is 3 bedroom! The rents are low and the building has huge upside potential without needing any current updating. The roof is in great shape as is the plumbing and the grounds. The expenses are extremely low and the management a breeze. Bring your most discerning buyer. This is the best deal out there in this price range.

Last Agent to Sell the Property

Alex Galuz

Keller Williams Realty Calabasas License #01291486 Listed on: 12/16/2014

Keller Williams Realty Calabasas

Last Buyer's Agent

Shawn Mehrannia

Home Team Realty License #01874025

Home Team Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 6,210 Sq Ft Lot

Interior Spaces

  • 4,320 Sq Ft Home
  • Ceiling Fan
  • Oven or Range

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Covered Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5080-022-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4320
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 13
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Ceiling Fan, Range/Oven
  • Price Per S Q F T: 254.40

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 6
  • Total Parking: 6

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 1000.00
  • Heating: Wall
  • Water Expense: 5000.00

Fee Information

  • Gas Expense: 1400.00
  • Insurance Expense: 2000.00
  • Maintenance Expense: 3000.00
  • Trash Expense: 1000.00

Lot Info

  • Assessed Improvement Value: 315000
  • Assessed Land Value: 440000
  • Assessor Parcel Number: 5080-022-003
  • Geocode Override: No
  • Lot Size Area: 6210

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 6
  • Rent Control: 100%
  • Total Annual Expense: 30410
  • Type Of Units: 2 and 3 beds
  • Vacancy Rate: 3%

Tax Info

  • Tax Expense: 13600.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2015 02/12/15 Sold $1,160,000 +5.6% $269 / Sq Ft
01/09/2015 01/09/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $1,099,000 -- $254 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alex Galuz

    Seller's Agent in 2015

    Alex Galuz

    Keller Williams Realty Calabasas

    (310) 466-0888

    40 Total Sales

    Alex Galuz
    Section Image
  • Shawn Mehrannia

    Buyer's Agent in 2015

    Shawn Mehrannia

    Home Team Realty

    (213) 804-7177

    4 in this area

    53 Total Sales

    Shawn Mehrannia
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 14-816473

The MLS
California Los Angeles County Los Angeles 90006 Harvard Heights

1046 S Hobart Blvd, Los Angeles, CA

This home is located at 1046 S Hobart Blvd, Los Angeles, CA 90006 since 16 December 2014. This property was built in 1964. 1046 S Hobart Blvd is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Berendo Middle, and West Adams Preparatory High School.

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