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$995,000
EST. MARKET VALUE
$995,000
SUMMARY
This Turnkey Craftsman represents a Strong Value Opportunity, listed at $1,029,000—positioned well below the $1,086,401 Fair Market Value by 5%. This valuation gap provides $57,401 in Instant Equity. Featuring a 2026 top-to-bottom remodel, chef’s kitchen, and permitted ADU potential, the home maintains an Excellent Condition Rating. While local school ratings are modest, the property’s modern systems and historic character offer a rare, move-in-ready lifestyle. This is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers prioritizing modern reliability.
Estimated Market Value
$995,000
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 4 bd · 2 ba · 1,884 sqft · $528 | $995,000* List Price | 4 | 2 | 1,884 | $528 | - |
A 2093 W 28th Street Sold 2 bd · 2 ba · 2,020 sqft · $597 · 0.3 mi | $1,205,000 | 2 | 2 | 2,020 | $597 | 0.3 mi |
B 1820 W 22nd Street Sold 6 bd · 3 ba · 2,147 sqft · $373 · 0.7 mi | $800,000 | 6 | 3 | 2,147 | $373 | 0.7 mi |
C 3429 2nd Avenue Sold 2 bd · 2 ba · 1,208 sqft · $673 · 0.7 mi | $813,000 | 2 | 2 | 1,208 | $673 | 0.7 mi |
D 2936 S Harvard Boulevard Sold 3 bd · 2 ba · 1,400 sqft · $625 · 0.1 mi | $875,000 | 3 | 2 | 1,400 | $625 | 0.1 mi |
E 1839 W 35th Place Sold 2 bd · 1 ba · 1,668 sqft · $468 · 0.4 mi | $780,000 | 2 | 1 | 1,668 | $468 | 0.4 mi |
F 2134 W 29th Active 3 bd · 2 ba · 1,500 sqft · $663 · 0.3 mi | $994,900 List Price | 3 | 2 | 1,500 | $663 | 0.3 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 originally built in 1907, the home underwent a complete, top-to-bottom remodel in 2026 (<5 years old). It features a fully modernized kitchen with custom white oak cabinetry and quartz countertops, beautifully renovated bathrooms with contemporary finishes, and brand-new hardwood flooring throughout. Additionally, all major systems have been updated, including a complete electrical rewire, leaving the property in mint, turn-key condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Historic Charm
This 1907 Craftsman has been meticulously updated in 2026 with all-new major systems and electrical, perfectly blending timeless architectural details with modern reliability.
- ADU Potential
The property includes a 238 sqft permitted room attached to the garage, offering a turnkey opportunity for a guest suite, home office, or future ADU conversion to increase property value.
- High-End Interior Finishes
The home features a designer chef’s kitchen with slim white oak cabinetry and quartz countertops, complemented by new hardwood flooring and original Tiffany-style light fixtures.
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.
- Underperforming Local Schools
The assigned public schools for this address have relatively low ratings, which may be a significant drawback for families prioritizing academic performance.
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 | 1,670.836 |
| Lot Size | 6,351 | 6,152.156 |
| Price | $995.0K | $1.34M |
| Price per sq ft | $528 | $807 |
| Built year | 1907 | 1941 |
| HOA | $0 | $238 |
| Days on market | 96 | 56 |
Pricing History
Listed for Sale
Nov 6, 2026
$995,000
$999,000
+0% Price Increase
Initial Listing
Price Change
Sep 26, 2026
$999,000
$1,029,000
-3% Price Drop
Initial Listing
Price Change
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