143 N Hobart Boulevard, Los Angeles, California 90004, Los Angeles, 90004 - bed, bath

143 N Hobart Boulevard, Los Angeles, California 90004 home-pic-0
ACTIVE$1,875,000
143 N Hobart Boulevard, Los Angeles, California 90004
0Bed
0Bath
3,164Sqft
6,154Lot
Year Built
1910
Close
-
List price
$1.88M
Original List price
$2M
Price/Sqft
$593
HOA
-
Days on market
-
Sold On
-
MLS number
RS24046383
Home ConditionFair
Features
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.88M(40th), sqft - 3164(71th), beds - undefined(5th), baths - undefined(5th).

PRICE REDUCTION!!! SPECIAL OFFER: Interest rate as low as 3.9% for the first two years. Bring Your Offers. We are proud to present remodeled 143 N Hobart Blvd adjacent to Hancock Park which boasts seven bedroom/seven bathroom in approximately 2600 square feet with a detached one bedroom, one bathroom apartment/ADU with 650 square feet of living space. The apartment/ADU can yield rents up to $3000.00 each month and this will greatly assist with the overall mortgage of owning this property. This home is idea for two or three families or a growing family with live in staff. The possibilities are endless with this property. With a short drive to Beverly Hills, Larchmont, or Silverlake for shopping and dining, this property is also near Koreatown, Hollywood, Echo Park and DTLA. The property is conveniently located to the 101, 110 and 10 freeways as well as metro line stations. Each of the seven bedrooms offer its own unique charm, promising comfort and privacy for family members and guests alike. The well-appointed bathrooms feature modern fixtures and fittings, ensuring a luxurious experience in every aspect of home life. The heart of this magnificent home is undoubtedly the open chef's kitchen, equipped with top-of-the-line stainless steel appliances, elegant granite countertops, and custom cabinetry. Here, culinary enthusiasts can enjoy preparing gourmet meals while entertaining guests. The adjacent formal dining area, with its exquisite lighting and spacious layout, provides the ideal setting for hosting dinner parties and family gatherings. 143 N Hobart Blvd is more than just a house; it is a sanctuary, a place where luxury meets functionality, designed for those who appreciate the finer things in life. With its spacious rooms, elegant interiors, and premium location, this property stands as a testament to sophisticated Los Angeles living. Experience the perfect blend of city vibrancy and tranquil privacy in this exceptional home, where every detail has been carefully considered to provide an extraordinary living experience. Property is zoned R1 with R3 multi family permit making this a great investment opportunity too. Don't miss out on this opportunity. Buyer and Buyer's agent to conduct their own due diligence.

Price History

Date
Event
Price
12/21/23
Sold
$1,150,000
11/21/22
Sold
$324,000
03/08/22
Sold
$486,500
01/10/22
Sold
$1,095,000
02/22/06
Sold
$780,000
09/09/05
Sold
$725,000
06/05/03
Sold
$395,000
Condition Rating
Fair

The property was built in 1910 but has been remodeled. The kitchen features stainless steel appliances and granite countertops, suggesting a more recent update. The bathrooms have modern fixtures. However, given the age of the property, it's likely that other systems and components are aged and may require minor updates or repairs. The overall condition appears to be maintained but not fully renovated to a 'good' or 'excellent' standard.
Pros & Cons

Pros

Income Potential: The detached ADU offers significant rental income potential, which can offset mortgage costs.
Large Living Space: The property boasts a substantial 3164 sqft of living space with 7 bedrooms and 7 bathrooms, suitable for large or multi-generational families.
Prime Location: Located near Hancock Park with easy access to Beverly Hills, Larchmont, Silverlake, Koreatown, Hollywood, Echo Park, DTLA, and major freeways.

Cons

Age of Property: Built in 1910, the property may require ongoing maintenance and potential upgrades due to its age.
R1 Zoning: Although it has R3 multi family permit, the underlying R1 zoning might limit future development options compared to properties with more flexible zoning.

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