Seller's Agent in 2020
Elizabeth Maddox
Myunits.com Inc.
(818) 850-8485
8 in this area
104 Total Sales
949 N Hobart Blvd Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated Value: $1,679,000 - $3,412,633
13
Beds
11
Baths
5,522
Sq Ft
$481/Sq Ft
Est. Value
Highlights
- New Construction
- Primary Bedroom Suite
- Property is near public transit
- STEM Academy at Bernstein High Rated A-
- Open Floorplan
- 1-minute walk to Lemon Grove Recreation Center
About This Home
As of March 2020949 N Hobart is a gorgeous 2019 construction fourplex located in the Hollywood Studio District moments from Paramount, Netflix, Sunset Gower Studios and much more! 949 N Hobart is expected to be completed in November 2019. Get your offers in early to lock this deal up at an amazing price of $2,550,000 and 5.41% cap rate!
949 N Hobart is made up of two 2-story duplexes. The front duplex consists of two 3 bed/2.5 bath units that are side-by-side townhome style. The rear duplex is made up of one 3 bed/2 bath unit and one 4 bed/3 bath with one unit on the bottom floor and one unit on the top floor. The units feature stainless steel appliances, high quality finishes, spacious floor plans and washer/dryer hookups in each unit.
This fourplex is located between Melrose and Santa Monica Blvd, minutes from trendy Larchmont Village, action packed Sunset and Vine, and an unlimited supply of nearby studios, entertainment jobs, bars, restaurants, and neighborhood conveniences!
Last Agent to Sell the Property
Myunits.com Inc. License #01921425 Listed on: 10/02/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2019 | New Construction
Lot Details
- 7,355 Sq Ft Lot
- 1 Common Wall
- Fenced
- Fence is in excellent condition
- Drip System Landscaping
- Level Lot
- Private Yard
- Front Yard
Parking
- 5 Open Parking Spaces
- 3 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
- Turnkey
Interior Spaces
- 5,522 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Recessed Lighting
- Living Room
- Storage
- Laminate Flooring
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 13 Bedrooms
- Primary Bedroom Suite
- 11 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Property is near public transit
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 40
- Assessor Parcel Number 5535024023
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $300
- Gardener Expense $600
- Insurance Expense $1,933
- Maintenance Expense $1,200
- Water Sewer Expense $300
- New Taxes Expense $29,937
- Operating Expense $34,270
- Gross Income $177,600
- Net Operating Income $138,002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2019
Closed on
Feb 28, 2020
Sold by
Hobart Expert Llc
Bought by
H & H Holding Company Llc
Seller's Agent
Elizabeth Maddox
Myunits.com Inc.
Buyer's Agent
Bijan Sheikhvand
Landmark California Realty
List Price
$2,595,000
Sold Price
$2,525,000
Premium/Discount to List
-$70,000
-2.7%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,908
Avg. Annual Appreciation
0.89%
Purchase Details
Listed on
Mar 10, 2018
Closed on
Mar 30, 2018
Sold by
Neiviller Antonio and Neiviller Flora
Bought by
Hobart Expert Llc
Seller's Agent
Bridget Brno
L.A. Property Solutions, Inc.
Buyer's Agent
Bridget Brno
L.A. Property Solutions, Inc.
List Price
$920,000
Sold Price
$930,000
Premium/Discount to List
$10,000
1.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.16%
Purchase Details
Closed on
Jan 3, 1996
Sold by
Neiviller Antonio and Neiviller Flora
Bought by
Neiviller Antonio and Neiviller Flora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.36%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| H & H Holding Company Llc | $2,525,000 | Provident Title Company | |
| Hobart Expert Llc | $930,000 | Old Republic Title Company | |
| Neiviller Antonio | -- | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Neiviller Antonio | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/05/2020 03/05/20 | Sold | $2,525,000 | -1.0% | $457 / Sq Ft | |
| 12/18/2019 12/18/19 | Pending | -- | -- | -- | |
| 10/30/2019 10/30/19 | Price Changed | $2,550,000 | -1.7% | $462 / Sq Ft | |
| 10/02/2019 10/02/19 | For Sale | $2,595,000 | +179.0% | $470 / Sq Ft | |
| 04/12/2018 04/12/18 | Sold | $930,000 | +1.1% | $551 / Sq Ft | View Prior Sale |
| 03/25/2018 03/25/18 | Pending | -- | -- | -- | |
| 03/10/2018 03/10/18 | For Sale | $920,000 | -- | $545 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $33,262 | $2,761,454 | $1,640,468 | $1,120,986 |
| 2024 | $33,262 | $2,707,308 | $1,608,302 | $1,099,006 |
| 2023 | $32,618 | $2,654,224 | $1,576,767 | $1,077,457 |
| 2022 | $31,100 | $2,602,181 | $1,545,850 | $1,056,331 |
| 2021 | $30,704 | $2,551,159 | $1,515,540 | $1,035,619 |
| 2020 | $12,272 | $967,572 | $697,068 | $270,504 |
| 2019 | $11,551 | $948,600 | $683,400 | $265,200 |
| 2018 | $1,795 | $126,815 | $78,045 | $48,770 |
| 2016 | $1,703 | $121,892 | $75,015 | $46,877 |
| 2015 | $1,681 | $120,062 | $73,889 | $46,173 |
| 2014 | $1,702 | $117,711 | $72,442 | $45,269 |
Source: Public Records
Agents Affiliated with this Home
-
Elizabeth Maddox
-
Ian Maddox
I
Seller Co-Listing Agent in 2020
Ian Maddox
Myunits.com Inc.
(818) 859-7242
5 in this area
65 Total Sales
-
Bijan Sheikhvand
B
Buyer's Agent in 2020
Bijan Sheikhvand
Landmark California Realty
(818) 800-5093
4 Total Sales
-
B
Seller's Agent in 2018
Bridget Brno
L.A. Property Solutions, Inc.
-
Cindye Friedman
C
Seller Co-Listing Agent in 2018
Cindye Friedman
Digs & Dwellings
(213) 215-4758
1 Total Sale
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB19233880
APN: 5535-024-023
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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