2947 S Hobart, Los Angeles, California 90018, Los Angeles, 90018 - 4 bed, 2 bath
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2947 S Hobart
Los Angeles, California 90018
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,884Sq Ft
6,351Lot Size
Property Price
LIST PRICE$1,029,000
EST. MARKET VALUE
$1,054,780
SUMMARY
This Turnkey Craftsman is a High-Potential Investment Opportunity, listed at $999,000—positioned slightly above the $964,619 Fair Market Value. While the price reflects a premium, the property features a Mint Condition Rating following a comprehensive 2026 renovation, including a chef’s kitchen and full electrical rewire. The 238 sqft permitted room offers significant upside for an ADU conversion. Located in a central Los Angeles neighborhood, this home provides a rare blend of historic character and modern reliability, making it an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Estimated Market Value
$1,054,780
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 |
|---|---|---|---|---|---|---|
★ 2947 S Hobart Subject | $1,029,000* List Price | 4 | 2 | 1,884 | $560 | - |
A 2093 W 28th Street Sold | $1,205,000 | 2 | 2 | 2,020 | $597 | 0.3 mi |
B 2058 W 30th Street Sold | $875,000 | 3 | 3 | 1,976 | $443 | 0.2 mi |
C 2057 W 28th Street Sold | $1,072,000 | 3 | 3 | 1,550 | $692 | 0.2 mi |
D 2936 S Harvard Boulevard Sold | $875,000 | 3 | 2 | 1,400 | $625 | 0.1 mi |
E 2256 W 28th Street Sold | $810,220 | 4 | 2 | 1,788 | $453 | 0.5 mi |
F 1839 W 35th Place Sold | $780,000 | 2 | 1 | 1,668 | $468 | 0.4 mi |
G 1598 W 36th Place Active | $799,999 List Price | 3 | 2 | 1,888 | $424 | 0.4 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.
This 1907 Craftsman underwent a complete high-end renovation in 2026, featuring a brand-new chef's kitchen with quartz countertops, fully remodeled modern bathrooms, and new hardwood flooring. All major systems, including a full electrical rewire, are new, meeting the criteria for mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Restored Historic Character
This 1907 Craftsman seamlessly blends original architectural details like Tiffany-style lighting and original windows with a comprehensive 2026 remodel, including all-new major systems and electrical rewiring.
- ADU & Expansion Potential
The property features a 238 sqft permitted room attached to the garage, providing a significant head start for a guest suite, home office, or conversion into a full Accessory Dwelling Unit (ADU).
- Modern Designer Finishes
The interior boasts high-end upgrades including new hardwood flooring and a chef’s kitchen equipped with slim white oak cabinetry, quartz countertops, and a custom hood vent.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1884, other record living area = 1646.
- Recently Sold Property
The property was recently sold within the past year on 2025-10-21. The sold price is $755,000.00.
- Low School Ratings
The property is served by several local schools with low performance ratings, such as Twenty-Fourth Street Elementary (2/10), which may be a concern for families prioritizing public education.
About 2947 S Hobart
~ Welcome to 2947 S Hobart St ~ Timeless 1907 Craftsman ~ 1,646 sqft 4 bed 2 bath + 238 permitted room attached to garage (TOTAL SQFT 1,884) A beautifully restored Craftsman that perfectly blends historic charm with modern upgrades. Originally built in 1907 and thoughtfully remodeled in 2026 . This home preserves its timeless character while offering the comfort and reliability of all new major systems. Situated on a quiet, tree-lined street, the home showcases many of its original architectural details, including original windows, original doors, and stunning Tiffany-style tulip light fixtures that reflect the craftsmanship of the era. This spacious 4-bedroom, 2-bathroom home has been extensively upgraded throughout. The interior features all-new hardwood flooring and a complete electrical rewire, ensuring modern functionality while maintaining its historic appeal. The fully remodeled kitchen is both stylish and functional, featuring slim white oak cabinetry, quartz countertops, and a custom hood vent, creating a beautiful galley-style chef’s kitchen ideal for cooking and entertaining. Both bathrooms have been tastefully renovated, offering clean, modern finishes and a polished design. Step outside to enjoy the private backyard, newly landscaped with fresh sod and a full sprinkler system, providing the perfect outdoor space for relaxing, entertaining, or family activities. An additional highlight is the permitted room attached to the garage, offering excellent potential for a future ADU, guest suite, office, or creative space. With its rare combination of historic character, modern upgrades, privacy, and ADU potential, this one-of-a-kind Craftsman is truly a standout opportunity in Los Angeles.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1907
- Lot Size
- 6,351 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Birdielee V. Bright Elementary School
Grades K-5 • 0.4 mi
4/10
Twenty-Fourth Street Elementary School
Grades K-5 • 0.5 mi
2/10
John W. Mack Elementary School
Grades K-5 • 0.8 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,884 | 1,664.159 |
| Lot Size | 6,351 | 6,066.556 |
| Price | $1.03M | $1.35M |
| Price per sq ft | $546 | $806 |
| Built year | 1907 | 1939 |
| HOA | $0 | $278 |
| Days on market | 35 | 55 |
Pricing History
Listed for Sale
Sep 3, 2026
$1,029,000
$999,000
+3% Price Increase
Initial Listing
Price Change
Aug 5, 2026
$999,000
Initial Listing
Sold
Oct 21, 2025
$755,000
Public Record