$725,000

Estimated payment $5,702/month

Total Views 68,938
2 Beds
2 Baths
1,220 Sq Ft
$594 Price per Sq Ft

Highlights

  • Mediterranean Architecture
  • Formal Dining Room
  • Double Pane Windows
  • Quartz Countertops
  • Enclosed Patio or Porch
  • Bathtub with Shower

About This Home

Welcome to 509 Hobart Avenue, a thoughtfully restored Colonial Revival bungalow offering a rare Tenancy-in-Common (TIC) opportunity in one of Los Angeles' most culturally vibrant neighborhoods Melrose Hill. These two beautifully reimagined homes one on the ground level, the other top level deliver a harmonious blend of historic charm and modern ease. Each residence features 2 bedrooms and 2 bathrooms across approximately 1,200 to 1,300 square feet, designed with both character and comfort in mind. Original hardwood floors, decorative fireplaces, and classic built-ins speak to the home's early 20th-century roots, while dual-pane windows, LED recessed lighting, upgraded electrical, and mini split HVAC bring it into the now. Enjoy the convenience of in-unit laundry, a private patio space perfect for unwinding or entertaining, and a covered one-car garage. These homes have been fully renovated and restored with care, preserving the integrity of their architectural heritage while offering fresh, functional living spaces. Set within the emerging Melrose Hill district a creative hub known for its gallery and restaurant 509 Hobart offers access to a rich local culture. Close to Metro lines and major studios including Paramount and Raleigh, this location pairs serene residential living with unbeatable connectivity. A distinctive home. A dynamic neighborhood. An uncommon chance to own.

Listing Agent

Stephanie Younger

Compass License #01365696 Listed on: 05/14/2025

Compass

Co-Listing Agent

Elena Mandeville

Compass License #02047240

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,711

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 6,142 Sq Ft Lot
  • Privacy Fence
  • Property is zoned LAR3

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,220 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Stone
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Tankless Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5521-012-018

Community Details

Overview

  • Association fees include earthquake insurance, maintenance paid, water
  • Association Phone (415) 912-0582

Amenities

  • Community Storage Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,711

Year Built

Built in 1927 | Remodeled

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: HmWorks Property Services
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1220
  • Lot Acreage: 0.1724
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1927
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Recessed Lighting
  • Flooring: Stone Tile, Laminate, Vinyl
  • Appliances: Range, Microwave, Cooktop - Gas, Oven
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Primary Bedrooms
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Linen Closet, Tile, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Quartz Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Microwave
  • Price Per S Q F T: 594.26
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Features: Partial Copper Plumbing
  • Fence: Privacy
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 4
  • Parking Garage: Carport Detached, Parking Space
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Wall/Window
  • Earth Quake Ins: 1
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Extra Storage
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Maintenance Paid, Water
  • HOA Fees: 275.00
  • Phone: 4159120582|
  • HOA: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 5521-012-018
  • Lot Size Area: 6142

Multi Family

  • Number Of Units: 4

MLS Schools

  • School District: Los Angeles Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,711 $1,445,115 $966,531 $478,584
2024 $17,711 $1,416,780 $947,580 $469,200
2023 $6,488 $481,073 $332,550 $148,523
2022 $6,210 $471,641 $326,030 $145,611
2021 $6,106 $1,333,675 $1,010,360 $323,315
2020 $16,508 $1,320,000 $1,000,000 $320,000
2019 $2,626 $166,887 $86,757 $80,130
2018 $2,465 $163,615 $85,056 $78,559
2016 $2,307 $157,263 $81,754 $75,509
2015 $2,280 $154,901 $80,526 $74,375
2014 $2,316 $151,868 $78,949 $72,919
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 For Sale $725,000 0.0% $594 / Sq Ft
05/29/2025 05/29/25 Pending -- -- --
05/15/2025 05/15/25 Price Changed $725,000 0.0% $594 / Sq Ft
05/15/2025 05/15/25 For Sale $725,000 -47.8% $594 / Sq Ft
06/30/2023 06/30/23 Sold $1,389,000 0.0% $276 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
08/16/2022 08/16/22 For Sale $1,389,000 0.0% $276 / Sq Ft
08/15/2022 08/15/22 Off Market $1,389,000 -- --
07/14/2022 07/14/22 Price Changed $1,389,000 -6.0% $276 / Sq Ft
04/19/2022 04/19/22 Price Changed $1,478,000 -13.0% $293 / Sq Ft
03/01/2022 03/01/22 For Sale $1,698,000 -- $337 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,389,000 Provident Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,820,000 New Conventional
Source: Public Records

About the Listing Agent

Stephanie Younger

Compass

(877) 674-0824

Section Image

In 2024, Stephanie Younger sold more Single Family homes in the City of Los Angeles than any other real estate agent or Team. With unmatched expertise in Westside neighborhoods, Stephanie and her team have built their brand on a reputation for service that exceeds all expectations.

Why Buyers and Sellers Choose Stephanie Younger:

- Ranked #11 Sales Team in LA County by the LA Business Journal (2024)
- Over $3 billion in lifetime sales.
- Consistently ranked a top producer

Stephanie's Other Listings

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    $725,000

    • 2 Beds
    • 2 Baths
    • 1,220 Sq Ft
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    • Los Angeles, CA

    Welcome to 511 Hobart Avenue, a thoughtfully restored Colonial Revival bungalow offering a rare Tenancy-in-Common (TIC) opportunity in one of Los Angeles' most culturally vibrant neighborhoods Melrose Hill. These two beautifully reimagined homes, one on the ground level, the other top level, deliver a harmonious blend of historic charm and modern ease. Each residence features 2 bedrooms and 2

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  • 509 1/2 N Hobart Blvd, Los Angeles, CA 90004

    $749,000 Pending

    • 2 Beds
    • 2 Baths
    • 1,220 Sq Ft
    • 509 1/2 N Hobart Blvd
    • Los Angeles, CA

    New Co-Ownership Opportunity: Welcome to 509 Hobart Avenue, a thoughtfully restored Colonial Revival bungalow offering a rare Tenancy-in-Common (TIC) opportunity in one of Los Angeles' most culturally vibrant neighborhoods Melrose Hill. These two beautifully reimagined homes one on the ground level, the other top level deliver a harmonious blend of historic charm and modern ease. Each residence

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  • 400 S La Fayette Park Place Unit 102, Los Angeles, CA 90057

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    • 2 Beds
    • 2 Baths
    • 1,238 Sq Ft
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  • 7250 Franklin Ave Unit 107, Los Angeles, CA 90046

    $699,000 Pending

    • 2 Beds
    • 2 Baths
    • 1,260 Sq Ft
    • 7250 Franklin Ave
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    Modern Corner Retreat with Expansive Outdoor Space in the Heart of Hollywood Experience the perfect blend of luxury and location at 7250 Franklin Avenue, Unit 107. Just steps from iconic Runyon Canyon, the TCL Chinese Theatre, and an array of Michelin-starred dining including Providence and Gwen this 2-bedroom, 2-bath residence offers 1,260 square feet of sophisticated living. Inside, a bright

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  • 2818 Hillcrest Dr, Los Angeles, CA 90016

    $699,000

    • 2 Beds
    • 2 Baths
    • 1,315 Sq Ft
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    New Co-Ownership Opportunity: Discover timeless elegance and modern comfort in this beautifully restored Spanish Revival residence part of a Tenancy-in-Common (TIC) offering ideally situated in the heart of the flourishing West Adams Arts District. Located on the ground level, 2818 Hillcrest Drive is a captivating blend of heritage architecture and contemporary living, thoughtfully designed

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  • 2935 Redondo Blvd, Los Angeles, CA 90016

    $599,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2935 Redondo Blvd
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    New Co-Ownership Opportunity: Welcome to 2935 Redondo Blvd A Top Floor Gem in Historic West Adams, part of a Tenancy-in-Common (TIC) community. Discover timeless charm and effortless convenience in this thoughtfully updated 2-bedroom, 1-bath residence nestled in the heart of the West Adams Arts District. Situated on the top floor of a classic 1929 Spanish duplex, this inviting 880-square-foot

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  • 2933 S Redondo Blvd, Los Angeles, CA 90016

    $499,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2933 S Redondo Blvd
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    New Co-Ownership Opportunity: Welcome to 2933 Redondo Blvd A Ground-Level Gem in Historic West Adams, part of a Tenancy-in-Common (TIC) community. Discover timeless charm and effortless convenience in this thoughtfully updated 2-bedroom, 1-bath residence nestled in the heart of the West Adams Arts District. Situated on the ground floor of a classic 1929 Spanish duplex, this inviting

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  • 2939 Redondo Blvd, Los Angeles, CA 90016

    $594,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2939 Redondo Blvd
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    Welcome to 2941 Redondo Blvd, a beautifully restored 1929 Spanish carriage house nestled in the vibrant West Adams Arts District, just moments from Culver City. From the moment you enter the private, gated driveway and stroll through the romantic landscaped courtyard, you'll know you've discovered something truly special. This detached 2-bedroom, 2-bath residence offers approximately 1,200 square

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  • 2937 Redondo Blvd, Los Angeles, CA 90016

    $499,000 Pending

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2937 Redondo Blvd
    • Los Angeles, CA

    New Co-Ownership Opportunity: Welcome to 2937 Redondo Blvd A Ground-Level Gem in Historic West Adams, part of a Tenancy-in-Common (TIC) community. Discover timeless charm and effortless convenience in this thoughtfully updated 2-bedroom, 1-bath residence nestled in the heart of the West Adams Arts District. Situated on the ground floor of a classic 1929 Spanish duplex, this inviting

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Source: The MLS

MLS Number: 25531673

The MLS

APN: 5521-012-018