119 S Hobart Boulevard, Los Angeles, California 90004, Los Angeles, 90004 - 5 bed, 4 bath

119 S Hobart Boulevard, Los Angeles, California 90004 home-pic-0
ACTIVE$1,899,998
119 S Hobart Boulevard, Los Angeles, California 90004
5Beds
4Baths
2,625Sqft
7,052Lot
Year Built
1912
Close
-
List price
$1.9M
Original List price
$2.2M
Price/Sqft
$724
HOA
-
Days on market
-
Sold On
-
MLS number
SR25021061
Home ConditionGood
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 43% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.90M(40th), sqft - 2625(63th), beds - 5(81th), baths - 4(60th).

Welcome to this beautiful 5 bedroom 4 bath single family home with 2625 sqft of open space situated on a 7052 land in a highly desirable neighborhood. Each of the 5 bedrooms offers open space with plenty of closet and it's own unique layout. There are 3 bedrooms on the first floor, and there are 2 bedrooms located on the second floor with a den and bathroom, which also has access from the side of the building and can be it's own unit. The bathrooms feature modern fixtures and plenty of space for storage. The chef's kitchen is the highlight of this residence, with stainless steel appliances, plenty of cabinets, and beautiful island for family meals. The formal dining and living room is ideal for hosting, and the library room can be used for quiet time. The remodeled backyard features an oasis, with a family pool, waterfall, BBQ, fruit trees and much more. Further ideal features include paid off solar system, Tesla car charger, Tesla backup charger, beautiful landscaping, patio area, and much more. This residence is conveniently located near restaurants, shopping and grocery stores, FWYs, and close to downtown, Los Angeles. IT IS A MUST SEE!

Price History

Date
Event
Price
07/19/17
Sold
$1,250,000
01/25/17
Sold
$870,000
Condition Rating
Good

This 1912-built property has undergone significant modernization, featuring a 'chef's kitchen' with stainless steel appliances, 'modern fixtures' in the bathrooms, and a 'remodeled backyard' with a pool. The addition of a paid-off solar system and Tesla chargers indicates recent, high-value upgrades. While these extensive renovations make the home move-in ready and highly appealing, the absence of central cooling and the inherent potential for age-related system updates in a 1912 structure prevent it from reaching an 'Excellent' score, which typically implies a full renovation within the last 5 years with virtually all components new.
Pros & Cons

Pros

ADU Potential / Flexible Living: The property offers a flexible layout with a second-floor unit having separate access, ideal for multi-generational living or potential rental income.
Luxurious Outdoor Oasis: A remodeled backyard featuring a family pool, waterfall, BBQ, and fruit trees creates a private resort-like entertaining space.
Modernized Interior Spaces: Boasts a chef's kitchen with stainless steel appliances and modern bathrooms, enhancing daily living and appeal.
Eco-Friendly & Tech Amenities: Equipped with a paid-off solar system, Tesla car charger, and Tesla backup charger, offering significant energy savings and modern convenience.
Highly Desirable Location: Situated in a sought-after neighborhood with convenient access to restaurants, shopping, freeways, and downtown Los Angeles.

Cons

Significant Overpricing: The current list price is substantially higher than the estimated property value, potentially impacting market competitiveness and buyer interest.
Absence of Central Cooling: The property description does not mention a central cooling system, which could be a significant discomfort during warmer months in Los Angeles.
Potential for Age-Related System Updates: As a 1912-built home, despite some remodels, there may be underlying older systems (e.g., plumbing, electrical, insulation) that could require future maintenance or upgrades not explicitly addressed.

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