1662 S Hobart Boulevard, Los Angeles, California 90006, Los Angeles, 90006 - bed, bath
ACTIVE$1,330,000
1662 S Hobart Boulevard, Los Angeles, California 90006
0Bed
0Bath
4,378Sqft
5,852Lot
Year Built
1922
Close
-
List price
$1.33M
Original List price
$1.38M
Price/Sqft
$304
HOA
-
Days on market
-
Sold On
-
MLS number
PW25057402
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.33M(50th), sqft - 4378(50th), beds - undefined(50th), baths - undefined(50th).
Great investment opportunity in Los Angeles neighborhood. This property is comprised of Two X two bedroom/one bath and Two x one bedroom/one bath, and is individually metered for gas & electricity. Conveniently located from shopping center, restaurant, etc. Ample parking spaces in streets. Easy access just minutes from 10 & 101 freeways.
Nearby schools
3/10
Los Angeles Elementary School
Public,•K-5•0.4mi
2/10
Twenty-Fourth Street Elementary School
Public,•K-5•0.6mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•0.7mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•0.8mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•0.8mi
3/10
Wilton Place Elementary School
Public,•K-5•1.2mi
5/10
Pio Pico Middle School
Public,•6-8•0.7mi
3/10
Berendo Middle School
Public,•6-8•0.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•1.3mi
4/10
West Adams Preparatory High School
Public,•9-12•0.9mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•1.3mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•1.3mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•1.3mi
4/10
Los Angeles Senior High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
08/08/25
Price Change
$1,330,000
03/18/25
Listing
$1,380,000
10/27/14
Sold
$720,000
03/06/14
Sold
$690,000
Condition Rating
Poor
The property was built in 1922, making it over 100 years old. The exterior images show significant age, wear, and discoloration on the stucco, along with older windows, indicating a lack of recent major renovations. While no interior images are provided to assess kitchen, bathroom, flooring, or systems directly, a building of this age with no visible signs of recent updates would almost certainly require substantial repairs and rehabilitation for major components like plumbing, electrical, and HVAC systems to meet modern safety and comfort standards. The overall condition suggests significant deferred maintenance.
Pros & Cons
Pros
Investment Potential: A dedicated residential income property (quadruplex) explicitly marketed as a 'great investment opportunity' in a high-demand Los Angeles market.
Individual Metering: All units are individually metered for gas and electricity, significantly reducing landlord utility expenses and simplifying tenant billing.
Prime Los Angeles Location: Situated in the desirable Mid Los Angeles area (MLS C16), offering strong rental demand and potential for appreciation.
Excellent Accessibility: Conveniently located just minutes from major freeways (10 & 101), providing easy access for tenants commuting throughout Los Angeles.
Proximity to Amenities: Walking distance or short drive to shopping centers and restaurants, enhancing tenant appeal and convenience.
Cons
Property Age & Condition: Built in 1922, the property likely requires significant capital expenditure for system upgrades (plumbing, electrical) and interior renovations to maximize rental income and tenant satisfaction.
Parking Limitations: The description only mentions 'ample parking spaces in streets,' implying a lack of dedicated off-street parking, which can be a significant drawback for a quadruplex in a dense urban area.
Potential for Deferred Maintenance: No mention of recent renovations or updates suggests the property may be in original or dated condition, potentially leading to higher ongoing maintenance costs and lower initial rental yields.