416 N Hobart, Los Angeles, California 90004, Los Angeles, 90004 - 3 bed, 3 bath
416 N Hobart
Los Angeles, California 90004
Property Price
SUMMARY
Analysis of 416 N Hobart, Los Angeles, California 90004 reveals a Fairly Priced Property with a current list price of $1,300,000 aligned with the estimated $1,280,754 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 416 N Hobart Subject | $1,300,000* List Price | 3 | 3 | 2,048 | $625 | - |
A 532 N Oxford Avenue Sold | $935,000 | 3 | 2 | 1,423 | $657 | 0.2 mi |
B 206 N Hobart Boulevard Active | $1,288,000 List Price | 4 | 2 | 1,740 | $740 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
This 1916 Spanish Revival home is explicitly marketed as a 'fixer-upper' requiring 'TLC.' The listing states that the kitchen needs 'modern upgrades' and all three bathrooms require 'updates,' with the property analysis highlighting 'extensive modern upgrades' and potential 'systemic upgrades' for plumbing, electrical, and HVAC due to its age. While the baths are noted as 'structurally sound,' the overall condition points to substantial repairs and rehabilitation needed to bring it to modern standards, aligning with the 'poor' category.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Los Angeles Location
Situated in the vibrant 90004 neighborhood, offering excellent access to Wilshire Blvd eateries and Griffith Park, enhancing lifestyle and property value.
- Income-Generating ADU
Features a rear Accessory Dwelling Unit (ADU), providing a valuable opportunity for rental income, guest accommodation, or multi-generational living.
- Architectural Character & Equity Growth
A 1920s Spanish Revival home with inherent historic charm, presenting a significant value-add opportunity for buyers to customize and build equity.
CONSRISKS & DEFICIENCIES
- Significant Renovation Needs
Marketed as a 'fixer-upper' requiring 'TLC,' with the kitchen and all three bathrooms needing extensive modern upgrades, implying substantial renovation costs.
- Potential for Systemic Upgrades
As a 1916 build, the property may require significant investment in updating older systems (e.g., plumbing, electrical, HVAC) to meet contemporary standards and efficiency.
- Lack of Premium Views
The property does not offer any notable views, which could be a consideration for buyers seeking this amenity in the Los Angeles market.
About 416 N Hobart
Seize the potential at 416 N Hobart Blvd, a 1920s Spanish Revival fixer-upper in the vibrant 90004 neighborhood. This 3-bedroom, 3-bath home spans 2,048 sq ft on a 6,500 sq ft lot, featuring a rear ADU for rental income or guest space. Interior Features: *Kitchen ready for modern upgrades. *Three bedrooms with ample closets; primary includes en-suite bath. *Three baths needing updates but structurally sound. *Exterior Highlights: *Lush backyard with citrus trees, patio, and rear ADU. *Detached 2-car garage. Currently occupied, this home requires TLC—perfect for investors or buyers seeking a value-add project. Close to Wilshire Blvd eateries, Griffith Park.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1916
- Lot Size
- 7,200 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,048 | 2,460 | 42% |
| Lot Size | 7,200 | 7,006 | 58% |
| Price | $1.30M | $2.14M | 23% |
| Price per sq ft | $635 | $949 | 19% |
| Built year | 1916 | 1922 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 136 | 176 | 19% |
Pricing History
Listed for Sale
Dec 5, 2025
$1,300,000
$1,500,000
-13% Price Drop
Initial Listing
Price Change
Oct 21, 2025
$1,500,000
Initial Listing
Sold
Feb 25, 2004
$520,000
Public Record