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 home-pic-0

729 S Hobart Boulevard 40

Los Angeles, California 90005

ACTIVE
CONDITION: GOOD
1Beds
1Baths
789Sq Ft
32,258Lot Size

Property Price

LIST PRICE$459,000

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

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
25%
Baths1.02.0
19%
Square foot7891,286
6%
Lot Size32,25826,266
69%
Price$459.0K$695.0K
13%
Price per sq ft$582$550
75%
Built year19791982
38%
HOA$485.0$538
31%
Days on market30198
13%

Pricing History

Listed for Sale

Feb 4, 2026

$459,000

Initial Listing

Sold

Feb 11, 2004

$197,000

Public Record

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