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7400 S Hobart, Los Angeles, California 90047, Los Angeles, 90047 - 5 bed, 2 bath

7400 S Hobart, Los Angeles, California 90047 home-pic-0
ACTIVE$949,000
7400 S Hobart, Los Angeles, California 90047
5Beds
2Baths
1,948Sqft
5,218Lot
Year Built
1926
Close
-
List price
$949K
Original List price
$1.08M
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
RS25216153
Home ConditionExcellent
Features
Good View: City Lights
Patio
ViewCity Lights

About this home

We found 4 Cons,6 Pros. Rank: price - $949.0K(91th), sqft - 1948(94th), beds - 5(94th), baths - 2(50th).

Beautifully Renovated Duplex in Los Angeles. Discover this fully renovated duplex offering two spacious and stylish units, perfect for investors, multi-generational living, or rental income. Both vacant and ready to move in. Unit One: A bright and modern 3-bedroom, 1-bath home featuring an open floor plan, brand-new kitchen with quartz countertops and new appliances, updated flooring, and a sleek bathroom with designer finishes with interior laundry room. Unit Two: A charming 2-bedroom, 1-bath unit with a thoughtfully upgraded interior, modern kitchen, and comfortable living spaces that includes interior laundry as well. Additional highlights include a garage conversion that adds flexible space for a home office, studio, or bonus living area. Both units have been completely remodeled with attention to detail, blending contemporary style with everyday comfort. Conveniently located near schools, shopping, dining, and freeways, this turnkey property is a rare opportunity in the heart of Los Angeles.

Nearby schools

3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.5mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.5mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.1mi
1/10
Horace Mann Junior High School
Public,•6-8•0.3mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.4mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.1mi
2/10
George Washington Preparatory High School
Public,•9-12•2.4mi
9/10
Middle College High School
Public,•9-12•4.6mi

Price History

Date
Event
Price
11/14/25
Price Change
$949,000-5.1%
11/01/25
Price Change
$999,999-2.8%
10/25/25
Price Change
$1,029,000-1.9%
09/30/25
Price Change
$1,049,000-2.8%
09/12/25
Listing
$1,079,000
04/29/25
Sold
$672,500
10/02/15
Sold
$435,000
11/26/14
Sold
$281,000
Condition Rating
Excellent
Despite being built in 1926, the property has undergone a complete and extensive renovation, as explicitly stated in the description and clearly evidenced by the images. Both kitchens feature brand-new, modern two-tone cabinetry, quartz countertops, new stainless steel appliances (including French door refrigerators, gas ranges, and dishwashers), and contemporary fixtures. The bathrooms are sleek with new vanities, toilets, subway tile surrounds with decorative accents, and modern black fixtures. Throughout the units, there is new LVP flooring, fresh paint, recessed lighting, and modern ceiling fans. The presence of mini-split AC units indicates updated cooling/heating systems. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Fully Renovated Duplex: Both units have been completely renovated with brand-new kitchens (quartz countertops, new appliances), updated flooring, and sleek bathrooms, offering modern appeal and reducing immediate maintenance needs for a new owner.
Income Potential & Flexibility: As a fully renovated duplex with two vacant units, it offers immediate rental income potential or flexible living arrangements for multi-generational families, appealing to a broad range of buyers.
Turnkey & Vacant Status: The property is described as 'turnkey' and 'vacant,' allowing for immediate occupancy or tenant placement without the hassle of renovations or existing tenant leases.
Flexible Bonus Space: The garage conversion provides valuable flexible space suitable for a home office, studio, or additional living area, adding to the property's utility and appeal.
Convenient Location & Views: Strategically located near schools, shopping, dining, and freeways, enhancing convenience for residents, and features desirable 'City Lights' views.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-04-29. The sold price is $672,500.00.
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $1.079M down to $949K, which could suggest initial overpricing or market resistance.
Older Property Foundation: Built in 1926, despite extensive renovations, the underlying structure and systems of an older property may still present potential long-term maintenance concerns or require further upgrades beyond cosmetic improvements.
Mixed School Performance: While located near schools, several nearby public schools have lower ratings (1, 2, or 3), which might be a deterrent for families prioritizing highly-rated public education.

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