7527 S Hobart, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 1 bath
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Los Angeles, California 90047
This property presents a High-Potential Investment Opportunity with a List Price of $625,000—positioned well above the $601,026 Fair Market Value by -3%. Featuring a Fair Condition Rating, the home includes a seismic retrofit and a private backyard with avocado trees, though it requires cosmetic updates like flooring. While local school ratings are mixed, the property offers a functional layout for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7527 S Hobart Subject | $625,000* List Price | 2 | 1 | 1,090 | $551 | - |
A 7611 S Hobart Sold | $540,000 | 2 | 1 | 1,067 | $506 | 0.0 mi |
B 2065 W 65th Sold | $566,000 | 2 | 1 | 1,096 | $516 | 0.8 mi |
C 1901 W 77th Sold | $700,000 | 3 | 1 | 1,296 | $540 | 0.2 mi |
D 2056 W 70th Sold | $641,000 | 3 | 1 | 1,208 | $531 | 0.5 mi |
E 2010 W 85th Pending | $610,000 List Price | 2 | 1 | 1,023 | $596 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1928, this nearly century-old home is described as needing 'TLC' and specifically requires new flooring in the second bedroom. While the property has been earthquake retrofitted, the lack of mention regarding recent kitchen or bath updates suggests the interior systems and finishes are dated (>20 years), placing it in the fair category requiring minor repairs and modernization.
High School: Middle College High School (9/10).
The home has been completely retrofitted, providing significant structural security and peace of mind for a classic 1928 Los Angeles residence.
The property features a spacious, private backyard complete with mature avocado trees, offering an excellent environment for outdoor entertaining and gardening.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property is noted as needing 'TLC' and specifically requires new flooring in the second bedroom, indicating immediate renovation costs for the buyer.
The majority of the assigned public schools in the immediate area have low performance ratings, which may be a concern for families and impact future appreciation.
This chrming single story home features 2 bedrooms and 1 bathroom. The living room offers a cozy fireplace it's a good room to hang out with family and create memories. Second bedroom needs flooring. This home has been completely retrofitted. There is a private backyard which is great for entertaining. A few avocado trees. Come and take a look and with a little "TLC" you will be glad to call this place "HOME". First open house will be scheduled soon.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 1,090 | 1,344 | 17% |
| Lot Size | 5,206 | 5,251 | 47% |
| Price | $625.0K | $725.0K | 26% |
| Price per sq ft | $573 | $514 | 69% |
| Built year | 1928 | 1930 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 140 | 3% |
May 30, 2026
$625,000
Initial Listing