2007 N Hobart Boulevard, Los Angeles, California 90027, Los Angeles, 90027 - 5 bed, 5 bath
Loading property details...
Los Angeles, California 90027
This 1923 Mediterranean-inspired estate represents a High-Potential Investment Opportunity in prime Los Feliz. Listed at $2,500,000, the property is priced competitively near its $2,433,380 Fair Market Value, reflecting the enduring demand for architectural assets in this enclave. Currently holding a Condition Rating of 5, the residence requires a full-scale renovation to modernize its systems and finishes. Significant upside exists through the detached studio guesthouse, private pool, and original Batchelder fireplaces. Zoned for 9/10 Ivanhoe Elementary, this is a premier acquisition for Luxury Renovators or Value-Add Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2007 N Hobart Boulevard Subject | $2,500,000* List Price | 5 | 5 | 3,331 | $731 | - |
A 2329 N Edgemont Sold | $2,141,000 | 5 | 3 | 2,949 | $726 | 0.6 mi |
B 2341 N Hobart Boulevard Sold | $2,828,000 | 5 | 5 | 3,161 | $895 | 0.5 mi |
C 1976 N Catalina Street Sold | $2,100,000 | 4 | 4 | 2,710 | $775 | 0.7 mi |
D 5006 Los Feliz Boulevard Active | $2,400,000 List Price | 4 | 3 | 3,200 | $750 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923 and held by the same owner for over 50 years, this property is a classic rehab candidate. The kitchen and bathrooms are severely dated with 30-50+ year old finishes, and the listing description explicitly invites a 'reimagining' and 'redesign,' signaling that major systems and interiors require a full overhaul to meet modern standards.
Elementary School: Ivanhoe Elementary School (9/10).
This 1923 Mediterranean-inspired estate features rare original details, including iconic Batchelder fireplaces and vintage French doors, offering a unique historical foundation for a luxury restoration.
The property includes a detached studio apartment above the two-car garage with its own kitchen and bath, providing excellent potential for rental income, a home office, or private guest quarters.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3331, other record living area = 2878. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Held by the same owner for over 50 years, the residence is positioned as a 'reimagination' project, implying that substantial capital investment is needed to update the systems and interior finishes.
Despite its premium location and price point, the property does not offer the canyon or city light views often expected by luxury buyers in the Los Feliz hills.
Beloved for over five decades by its owner, discover a golden opportunity in this 4-bedroom, 4-bath Mediterranean-inspired residence with a studio apartment, to reimagine one of Los Feliz's vintage architectural gems! Envision a fresh concept for the 1923 classic with endless potential within. Your living room centers on a Batchelder fireplace, with an adjacent dining room and a breakfast room that opens to the backyard through French doors. The staircase leads you up to the generous primary suite with its own Batchelder fireplace, plus three more bedrooms, including a second ensuite and a pair with a shared bath. Outside, the pool, with its lap section and spa, enhances the expansive patio, while the studio guesthouse above the 2-car garage features a full kitchen and bath. Notable features include a large basement and a porte-cochere. Located moments from Griffith Park & Observatory, I-5, CA-101, and Hollywood's iconic destinations, this home puts the city at your fingertips. Experience its timeless character and redesign to your heart's desire. This has the makings of a beautiful masterpiece!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-6 • 0.8 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 5.0 | 3.0 | 79% |
| Square foot | 3,331 | 2,587 | 81% |
| Lot Size | 9,103 | 7,334.5 | 68% |
| Price | $2.50M | $2.27M | 60% |
| Price per sq ft | $751 | $995 | 16% |
| Built year | 1923 | 1936 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 184 | 2% |
Apr 24, 2026
$2,500,000
Initial Listing