729 S Hobart Boulevard 11, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 1 bath
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729 S Hobart Boulevard 11
Los Angeles, California 90005
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
909Sq Ft
32,258Lot Size
Property Price
LIST PRICE$490,000
EST. MARKET VALUE
$513,247
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $490,000—positioned well below the $513,248 Fair Market Value by 4%. This valuation gap provides $23,248 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts a remodeled marble kitchen, renovated marble bathroom, and a brand-new HVAC system. Located in vibrant Koreatown with a panoramic city skyline view, this property is an ideal acquisition for first-time buyers or owner-occupants seeking a sophisticated, move-in-ready lifestyle.
Estimated Market Value
$513,247+$23,247 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 729 S Hobart Boulevard 11 Subject 2 bd · 1 ba · 909 sqft · $565 | $490,000* List Price | 2 | 1 | 909 | $565 | - |
A 815 S Harvard 302 Sold 2 bd · 2 ba · 1,090 sqft · $505 · 0.1 mi | $550,000 | 2 | 2 | 1,090 | $505 | 0.1 mi |
B 620 S Gramercy Place 135 Active 2 bd · 2 ba · 942 sqft · $594 · 0.5 mi | $559,900 List Price | 2 | 2 | 942 | $594 | 0.5 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 built in 1979, the property has undergone a high-end renovation within the last 5 years. It features a remodeled kitchen with marble countertops, a renovated bathroom with marble finishes, and a brand-new HVAC system. The interior is in mint, move-in-ready condition with modern recessed lighting and updated flooring.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Finishes
The property features high-end renovations, including a remodeled kitchen with marble countertops and a luxurious marble-clad bathroom, offering a sophisticated, move-in-ready aesthetic.
- Prime Koreatown Location
Centrally located in a vibrant neighborhood, the home offers exceptional walkability to world-class dining and shopping, with easy transit access to Downtown Los Angeles.
- Modern Climate Control
The installation of a brand-new HVAC system provides superior energy efficiency and year-round comfort, a significant value-add for a building of this vintage.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $572 is relatively high for a two-bedroom unit at this price point, which may impact the overall affordability and monthly carrying costs for buyers.
- Single Bathroom Layout
Having only one bathroom for a two-bedroom residence can be a drawback for families or co-living arrangements, potentially limiting the property's appeal compared to units with 1.5 or 2 baths.
About 729 S Hobart Boulevard 11
Welcome to 729 S Hobart Blvd, located in the heart of Los Angeles' vibrant Koreatown neighborhood! This beautifully maintained 2-bedroom, 1-bathroom home showcases true pride of ownership with thoughtful upgrades throughout. Enjoy a tastefully remodeled kitchen featuring elegant marble countertops and custom cabinetry, offering both style and functionality. The beautifully renovated bathroom features luxurious marble flooring and walls, adding a touch of sophistication. A brand-new HVAC system provides year-round comfort and efficiency. Conveniently located near popular restaurants, shopping, entertainment, and major transportation routes, with easy access to Downtown Los Angeles and everything the city has to offer. This move-in-ready home combines modern upgrades, comfort, and an unbeatable central location. Don't miss this wonderful opportunity to make it yours!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 32,258 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $572.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 909 | 1,252.996 |
| Lot Size | 32,258 | 26,029.603 |
| Price | $490.0K | $778.5K |
| Price per sq ft | $539 | $629 |
| Built year | 1979 | 1981 |
| HOA | $572.0 | $676 |
| Days on market | 19 | 74 |
Pricing History
Listed for Sale
Oct 21, 2026
$490,000
Initial Listing