511 1/2 N Hobart Boulevard, Los Angeles, California 90004, Los Angeles, 90004 - 2 bed, 2 bath

511 1/2 N Hobart Boulevard, Los Angeles, California 90004 home-pic-0
ACTIVE UNDER CONTRACT$675,000
511 1/2 N Hobart Boulevard, Los Angeles, California 90004
2Beds
2Baths
1,330Sqft
6,142Lot
Year Built
1927
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$508
HOA
$275
Days on market
-
Sold On
-
MLS number
25628131
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $675.0K(41th), sqft - 1330(65th), beds - 2(50th), baths - 2(50th).

Welcome to 511 1/2 Hobart Avenue, a thoughtfully restored Colonial Revival bungalow offering a rare Tenancy-in-Common (TIC) opportunity in one of Los Angeles' most culturally vibrant neighborhoods Melrose Hill. These two beautifully reimagined homes, one on the ground level, the other top level, deliver a harmonious blend of historic charm and modern ease. Each residence features 2 bedrooms and 2 bathrooms across approximately 1,200 to 1,300 square feet, designed with both character and comfort in mind. Original hardwood floors, decorative fireplaces, and classic built-ins speak to the home's early 20th-century roots, while dual-pane windows, LED recessed lighting, upgraded electrical, and mini split HVAC bring it into the now. Enjoy the convenience of in-unit laundry. These homes have been fully renovated and restored with care, preserving the integrity of their architectural heritage while offering fresh, functional living spaces. Set within the emerging Melrose Hill district, a creative hub known for its gallery and restaurant 511 Hobart offers access to a rich local culture. Close to Metro lines and major studios including Paramount and Raleigh, this location pairs serene residential living with unbeatable connectivity. A distinctive home. A dynamic neighborhood. An uncommon chance to own.

Price History

Date
Event
Price
12/11/25
Listing
$675,000
Condition Rating
Excellent

Despite being built in 1927, this property has undergone a comprehensive and recent 'full renovation and restoration,' as explicitly stated in the listing. The description highlights modern upgrades including dual-pane windows, LED recessed lighting, upgraded electrical, and mini-split HVAC systems. The images confirm a contemporary aesthetic throughout, featuring new hardwood flooring, recessed lighting, and a completely updated bathroom with modern gray subway tiles, a new vanity, and stylish gold-toned fixtures. The property presents as virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated home.
Pros & Cons

Pros

Historic Charm & Thoughtful Restoration: The property is a thoughtfully restored Colonial Revival bungalow, preserving its early 20th-century architectural heritage with original hardwood floors, decorative fireplaces, and classic built-ins, offering a unique blend of history and modern living.
Modern Upgrades & Comfort: Recent renovations include dual-pane windows, LED recessed lighting, upgraded electrical, and mini-split HVAC systems, ensuring energy efficiency, modern comfort, and a move-in ready condition.
Prime & Vibrant Neighborhood: Located in the emerging Melrose Hill district, a culturally vibrant creative hub known for its galleries and restaurants, offering a dynamic lifestyle and strong community appeal.
Excellent Connectivity & Proximity: The location provides unbeatable connectivity, being close to Metro lines and major studios like Paramount and Raleigh, ideal for commuters and those seeking urban convenience.
In-Unit Laundry: The convenience of in-unit laundry adds a significant modern amenity, enhancing daily living comfort and functionality.

Cons

Tenancy-in-Common (TIC) Ownership: The property is offered as a Tenancy-in-Common (TIC) opportunity, which can present challenges with financing options, shared decision-making, and potential resale complexities compared to traditional condominium or single-family ownership.
Ongoing Association Fees: A monthly association fee of $275 adds to the cost of ownership, which is an ongoing expense to consider.
Lack of Desirable Views: The property does not offer any notable views, which might be a consideration for buyers prioritizing scenic outlooks in a Los Angeles property.

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