3972 S Hobart, Los Angeles, California 90062, Los Angeles, 90062 - 3 bed, 2 bath
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3972 S Hobart
Los Angeles, California 90062
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,788Sq Ft
5,200Lot Size
Property Price
LIST PRICE$675,000
EST. MARKET VALUE
$637,741
5% AboveMARKET VALUE
SUMMARY
This Los Angeles duplex presents a High-Potential Investment Opportunity with a List Price of $675,000—positioned above the $637,742 Fair Market Value by 5%. While requiring a full rehab due to its Fair Condition Rating, the property offers significant upside through its Multi-Unit Income Potential and Full IAEA Authority probate status, which streamlines the closing process. This asset is a blank canvas for those prepared to modernize century-old infrastructure. It is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to unlock value in a high-demand submarket.
Estimated Market Value
$637,741
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 |
|---|---|---|---|---|---|---|
★ 3972 S Hobart Subject | $675,000* List Price | 3 | 2 | 1,788 | $357 | - |
A 3968 3970 S Hobart Boulevard Sold | $775,000 | 0 | 0 | 1,818 | $426 | 0.0 mi |
B 4284 La Salle Sold | $800,000 | 4 | 2 | 2,119 | $378 | 0.5 mi |
C 1826 W 46th St Sold | $650,000 | 4 | 2 | 2,300 | $283 | 0.8 mi |
D 1496 W Vernon Avenue Sold | $800,000 | 0 | 0 | 2,107 | $380 | 0.6 mi |
E 1723 Browning Blvd. Active | $769,900 List Price | 2 | 2 | 1,768 | $435 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1922 and sold in 'as-is' condition, this property is over 100 years old with no evidence of recent renovations. The listing explicitly states it is in need of renovation and restoration, and the exterior shows significant deferred maintenance, indicating that kitchens, baths, and systems likely require a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
As a duplex in a high-demand Los Angeles submarket, this property offers excellent flexibility for rental income, multi-generational living, or a 'house-hack' strategy to offset carrying costs.
- Streamlined Probate Process
The sale features Full IAEA Authority, which eliminates the requirement for court confirmation, ensuring a faster and more predictable closing timeline compared to traditional probate sales.
- Significant Value-Add Opportunity
The 'as-is' condition and 1920s character provide a blank canvas for investors or owner-users to build substantial equity through a comprehensive restoration and modernization.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The property requires significant repairs and updates, which will necessitate substantial upfront capital investment and a buyer prepared for a major construction project.
- Century-Old Infrastructure
Given the 1922 build date, the property likely faces challenges associated with aging systems, such as outdated plumbing, electrical, and potential foundation issues common in vintage homes.
About 3972 S Hobart
Opportunity awaits at 3972 S Hobart Blvd. This Los Angeles duplex presents a compelling opportunity for a buyer looking to renovate, restore and unlock the potential of a multi-unit property. Situated on an approximately 5,200 SF lot, the property offers two separate living units and plenty of opportunity for the next owner to bring their vision to life. Whether you’re looking to renovate for investment, future income potential or create a property tailored to your needs, this is an opportunity to reimagine an existing Los Angeles asset. Property is in need of renovation and is being sold in its present as-is condition. Probate sale with Full IAEA Authority; no court confirmation required. Buyer to independently verify all information including square footage, unit configuration, permits, zoning and potential uses.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1922
- Lot Size
- 5,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.6 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,788 | 2,187.451 |
| Lot Size | 5,200 | 5,841.385 |
| Price | $675.0K | $841.5K |
| Price per sq ft | $378 | $385 |
| Built year | 1922 | 1928 |
| HOA | $0 | $0 |
| Days on market | 28 | 85 |
Pricing History
Listed for Sale
Aug 12, 2026
$675,000
Initial Listing
Sold
Apr 1, 1998
$133,500
Public Record