1029 S Hobart Boulevard 202, Los Angeles, California 90006, Los Angeles, 90006 - 3 bed, 2 bath
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1029 S Hobart Boulevard 202
Los Angeles, California 90006
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,400Sq Ft
12,422Lot Size
Property Price
LIST PRICE$725,000
EST. MARKET VALUE
$750,000
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $750,000—positioned well below the $774,586 Fair Market Value by 3%. This valuation gap offers $24,586 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations including new marble countertops and remodeled bathrooms, this 1,400 sqft unit offers a modern lifestyle just two blocks from the Koreatown Galleria. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home.
Estimated Market Value
$750,000+$25,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1029 S Hobart Boulevard 202 Subject 3 bd · 2 ba · 1,400 sqft · $536 | $725,000* List Price | 3 | 2 | 1,400 | $536 | - |
A 980 S Oxford 304 Sold 3 bd · 2 ba · 1,260 sqft · $526 · 0.1 mi | $663,000 | 3 | 2 | 1,260 | $526 | 0.1 mi |
B 1036 S Serrano Avenue 401 Sold 3 bd · 2 ba · 1,680 sqft · $523 · 0.0 mi | $879,000 | 3 | 2 | 1,680 | $523 | 0.0 mi |
C 1043 S Kenmore Avenue 404 Sold 2 bd · 2 ba · 1,200 sqft · $516 · 0.5 mi | $619,000 | 2 | 2 | 1,200 | $516 | 0.5 mi |
D 1055 S Serrano Avenue 502 Sold 3 bd · 2 ba · 1,530 sqft · $572 · 0.1 mi | $875,000 | 3 | 2 | 1,530 | $572 | 0.1 mi |
E 1036 S Serrano 105 Sold 2 bd · 2 ba · 1,160 sqft · $530 · 0.0 mi | $615,000 | 2 | 2 | 1,160 | $530 | 0.0 mi |
F 3061 W 12th Place 308 Sold 2 bd · 2 ba · 980 sqft · $561 · 0.3 mi | $550,000 | 2 | 2 | 980 | $561 | 0.3 mi |
G 904 S New Hampshire Avenue 406 Sold 2 bd · 2 ba · 1,051 sqft · $595 · 0.8 mi | $625,000 | 2 | 2 | 1,051 | $595 | 0.8 mi |
H 3400 San Marino Street M Sold 2 bd · 2 ba · 1,176 sqft · $599 · 0.2 mi | $705,000 | 2 | 2 | 1,176 | $599 | 0.2 mi |
I 980 S Oxford 303 Active 3 bd · 2 ba · 1,260 sqft · $554 · 0.1 mi | $698,000 List Price | 3 | 2 | 1,260 | $554 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2009, the condo has undergone a recent, comprehensive renovation. The interior features a modernized kitchen with resurfaced cabinets, new marble countertops, and a new oven, alongside two fully remodeled bathrooms, fresh paint, and brand-new carpeting. It is in mint, move-in-ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Recent Renovations
The unit features comprehensive upgrades including new marble countertops, remodeled bathrooms, and new appliances, offering a turnkey, move-in-ready experience for the buyer.
- Prime Koreatown Location
Situated just two blocks from the Koreatown Galleria Plaza, the property offers exceptional walkability to premier shopping, dining, and cultural amenities in the heart of Los Angeles.
- Modern & Spacious Layout
Built in 2009, this 1,400 sqft condominium provides a contemporary 3-bedroom floor plan that is significantly newer and more spacious than much of the surrounding housing stock.
CONSRISKS & DEFICIENCIES
- Average School Ratings
The assigned local public schools have lower performance ratings, which may be a consideration for families prioritizing top-tier educational districts.
- Urban Density
Located in a high-traffic area of Mid-Wilshire, residents may experience typical metropolitan challenges such as noise and congestion associated with being near a major commercial hub.
About 1029 S Hobart Boulevard 202
Beautiful condominium located in the heart of Koreatown, built in 2009, was recently renovated by the owner, who spent a lot of money on new paint, resurfacing the kitchen cabinets, the kitchen marble countertop, a new faucet, a new oven, remodeling two bathrooms, installing new bathtub doors, and all-new carpets. Almost everything is new. Enjoy new, new, and new. Only two blocks from Famous Koreatown Galleria Plaza Shopping Mall. Major $ 25,000 price reduction for a quick transaction. Would you like to make an offer or be notified of the showing?
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2009
- Lot Size
- 12,422 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hobart Boulevard Elementary School
Grades K-5 • 0.1 mi
3/10
Los Angeles Elementary School
Grades K-5 • 0.2 mi
3/10
Mariposa-Nabi Primary Center
Grades K-2 • 0.4 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,400 | 1,252.996 |
| Lot Size | 12,422 | 26,029.603 |
| Price | $725.0K | $778.5K |
| Price per sq ft | $518 | $629 |
| Built year | 2009 | 1981 |
| HOA | $430.0 | $676 |
| Days on market | 52 | 74 |
Pricing History
Listed for Sale
Oct 30, 2026
$725,000
$750,000
-3% Price Drop
Initial Listing
Price Change
Sep 18, 2026
$750,000
Initial Listing
Sold
Oct 13, 2009
$433,000
Public Record