7611 S Hobart Boulevard, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath
ACTIVE$650,000
7611 S Hobart Boulevard, Los Angeles, California 90047
2Beds
1Bath
1,067Sqft
5,205Lot
Year Built
1927
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$609
HOA
-
Days on market
-
Sold On
-
MLS number
IG24237006
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,6 Pros. Rank: price - $650.0K(35th), sqft - 1067(15th), beds - 2(27th), baths - 1(32th).
Spanish style traditional Los Angeles home. Cozy two bedroom one bath home. Attached 1 car garage, Built in early 1900's. All original fixtures. Mature roses flower bed, tile roof, and manicure lawn. The owners have never lived in the home. Property is sold as is. Buyer to perform all due diligence, and responsible for their investigations on the property. Probate listing pending approval.
Nearby schools
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.5mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.6mi
3/10
La Salle Avenue Elementary School
Public,•K-5•0.9mi
1/10
Horace Mann Junior High School
Public,•6-8•0.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.6mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.2mi
2/10
George Washington Preparatory High School
Public,•9-12•2.3mi
9/10
Middle College High School
Public,•9-12•4.5mi
Condition Rating
Poor
Built in 1927, this property is explicitly described as having 'all original fixtures' and is being sold 'as is' as a probate listing. This indicates that the kitchen, bathroom, electrical, plumbing, and other major systems are nearly 100 years old and have not been updated. Such a condition necessitates substantial repairs and rehabilitation to meet modern safety, functionality, and comfort standards. The exterior image, while limited, shows a neglected appearance, further supporting the need for extensive work. Without any interior photos, the 'all original fixtures' statement is a strong indicator of a property requiring a full renovation.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Classic Spanish Architectural Style: The property boasts a desirable 'Spanish style traditional Los Angeles home' aesthetic, which is often sought after for its charm and character.
Historic Charm with Original Features: Built in 1927 with 'all original fixtures,' the home offers a unique historical appeal that can attract buyers looking for authenticity.
Strong Curb Appeal: Features like a 'mature roses flower bed, tile roof, and manicure lawn' indicate good exterior upkeep and attractive curb appeal.
Attached Garage: The presence of an 'attached 1 car garage' provides convenient and secure parking, a valuable asset in urban settings.
Prime Los Angeles Location: Situated in Los Angeles, the property benefits from a desirable metropolitan location with access to amenities and the Los Angeles Unified School District.
Cons
As-Is Sale & Extensive Buyer Due Diligence: Being sold 'as is' and requiring the buyer to perform all due diligence implies potential undisclosed issues and shifts all risk and cost of repairs/upgrades to the buyer.
Probate Listing Complications: The status as a 'Probate listing pending approval' suggests a potentially lengthy and complex transaction process, which can deter some buyers.
Significant Overpricing Relative to Market Value: The listing price of $650,000 is substantially higher (34% above) the estimated property value of $427,582.76, indicating it may be significantly overpriced.