729 S Hobart Boulevard 40, Los Angeles, California 90005, Los Angeles, 90005 - 1 bed, 1 bath

729 S Hobart Boulevard 40
Los Angeles, California 90005
Property Price
SUMMARY
Analysis of 729 S Hobart Boulevard 40, Los Angeles, California 90005 is currently available with a list price of $459,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant updates that exceed its 1979 construction date. The interior features hardwood flooring throughout and a modernized kitchen equipped with stainless steel appliances and stone countertops. The bathroom has been updated with a contemporary vanity and fixtures. While the building infrastructure is older and lacks in-unit laundry, the unit's interior condition and functional updates align with the 'good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Bonus Space
The unique enclosed private patio with sliding windows functions as a den or home office, significantly increasing the usable living area and flexibility of the floor plan.
- Top-Floor Corner Privacy
As a top-floor corner unit, the property benefits from high ceilings, enhanced natural light, and superior privacy with fewer shared walls and no neighbors above.
- Exceptional Parking
The inclusion of two gated parking spaces is a rare and highly valuable asset for a one-bedroom condo in the densely populated Mid-Wilshire/Koreatown area.
CONSRISKS & DEFICIENCIES
- Lack of In-Unit Laundry
The reliance on community laundry facilities rather than having an in-unit washer and dryer may be a convenience drawback for some modern buyers.
- Aging Infrastructure
Built in 1979, the building may require ongoing maintenance or future assessments, and the $485 monthly HOA fee is a notable recurring expense for a one-bedroom unit.
About 729 S Hobart Boulevard 40
Beautifully maintained top-floor corner unit with the huge private patio that can be used as den/office. located in the desirable The Terraces community. This 1 bedroom, 1 bathroom condo has been lovingly cared for by the owner and offers a bright, airy living environment with high ceilings and hardwood floors throughout. The open and sun-filled layout creates a warm and inviting atmosphere, enhanced by the corner unit location that provides added privacy and abundant natural light. A unique highlight of this home is the huge private patio, which is fully enclosed with large sliding windows, making it a versatile space that can be used as a home office, additional room, or flex space, while still enjoying indoor-outdoor living. The community features desirable amenities including a pool, gym, convenient community laundry, and expansive outdoor open spaces. The unit also includes two gated parking spaces. Ideally located near markets, restaurants, shopping, boutiques, transportation, parks, and more, this home offers both comfort and exceptional convenience.3D https://my.matterport.com/show/?m=1rFnNScwanf
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1979
- Lot Size
- 32,258 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $485.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 25% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 789 | 1,286 | 6% |
| Lot Size | 32,258 | 26,266 | 69% |
| Price | $459.0K | $695.0K | 13% |
| Price per sq ft | $582 | $550 | 75% |
| Built year | 1979 | 1982 | 38% |
| HOA | $485.0 | $538 | 31% |
| Days on market | 30 | 198 | 13% |
Pricing History
Listed for Sale
Feb 4, 2026
$459,000
Initial Listing
Sold
Feb 11, 2004
$197,000
Public Record































