7530 S Hobart Boulevard, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
7530 S Hobart Boulevard
Los Angeles, California 90047
Property Price
SUMMARY
Analysis of 7530 S Hobart Boulevard, Los Angeles, California 90047 reveals a Fairly Priced Property with a current list price of $869,000 aligned with the estimated $862,492 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7530 S Hobart Boulevard Subject | $869,000* List Price | 3 | 2 | 1,827 | $472 | - |
A 2035 W 71st Sold | $766,000 | 3 | 2 | 1,790 | $428 | 0.5 mi |
B 7803 S Harvard Boulevard Sold | $899,900 | 3 | 2 | 1,884 | $478 | 0.2 mi |
C 1818 W 79th Street Sold | $815,000 | 3 | 2 | 1,657 | $492 | 0.3 mi |
D 1908 W 79th Street Sold | $770,000 | 4 | 2 | 1,834 | $420 | 0.4 mi |
E 8759 S Hobart Boulevard Sold | $790,000 | 3 | 2 | 1,585 | $498 | 1.0 mi |
F 1951 W 81st Street Sold | $850,000 | 3 | 3 | 1,659 | $512 | 0.5 mi |
G 1917 W 74th Active | $999,000 List Price | 4 | 3 | 1,650 | $605 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property features a newly constructed (late 2024/early 2025) ADU, which is in excellent, move-in ready condition with a modern kitchen and 'really nice bathroom.' The main house, built in 1929, has had significant updates including a new roof and working air conditioning and heating systems, indicating well-maintained major systems. While the main house 'requires a little TLC,' suggesting cosmetic updates are needed for its older interiors (kitchen, bathrooms, flooring, etc.), its 'good bones' imply structural soundness. The combination of a brand-new, high-quality ADU and a main house with updated critical systems and functional, though dated, components, places the overall property condition in the 'Good' category. It is largely move-in ready, with the primary investment being cosmetic enhancements to the older structure.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Newly Constructed ADU
A modern, fully equipped 1-bed, 1-bath ADU built in late 2024/early 2025, offering significant value for rental income, multi-generational living, or flexible space.
- Recent Major System Upgrades
Key capital expenditures like a new roof and working air conditioning and heating systems have been addressed, providing peace of mind and reducing immediate maintenance concerns.
CONSRISKS & DEFICIENCIES
- Requires Cosmetic Updates/TLC
The property description explicitly states it 'requires a little TLC,' indicating that while major systems are updated, buyers should anticipate further investment for cosmetic improvements or other non-major system repairs.
- Older Main House Construction
Built in 1929, the main house, despite recent upgrades, may still present characteristics of older construction, such as potentially less open floor plans or the need for updates to non-critical systems.
- Mixed School Performance
Several nearby public schools, including the closest middle school, have lower performance ratings, which could be a consideration for families with school-aged children.
About 7530 S Hobart Boulevard
This house has good bones but requires a little TLC: New Roof, working air, and heat. This house boasts over 1,800 sq. ft., with additional sq. ft. in the ADU. The ADU was built late 2024, early 2025, a one-bed, one-bath ADU with Washer and Dryer hookups. Kitchen in the living room, really nice bathroom. If you have a large family, this is the property for you. Make an appointment with the listing agent to see the property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1929
- Lot Size
- 6,707 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Seventy-Fourth Street Elementary School
Grades K-5 • 0.5 mi
Raymond Avenue Elementary School
Grades K-5 • 0.5 mi
La Salle Avenue Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,827 | 1,373 | 88% |
| Lot Size | 6,707 | 5,405 | 82% |
| Price | $869.0K | $725.0K | 88% |
| Price per sq ft | $476 | $521 | 27% |
| Built year | 1929 | 1931 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 64 | 183 | 6% |
Pricing History
Listed for Sale
Jan 1, 2026
$869,000
Initial Listing