7611 S Hobart, Los Angeles, California 90047, Los Angeles, 90047 - 2 bed, 2 bath
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7611 S Hobart
Los Angeles, California 90047
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,067Sq Ft
5,205Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$729,900
4% BelowMARKET VALUE
SUMMARY
This Renovated Spanish-Style Residence is a Strong Value Opportunity, listed at $729,900—positioned well below the $741,277 Fair Market Value by 1.5%. This valuation gap offers $11,377 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home offers modern designer finishes and a spacious 5,205 sqft lot with significant ADU potential. While local school ratings are modest, the proximity to SoFi Stadium and LAX ensures long-term demand. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready home.
Estimated Market Value
$729,900+$30,000 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 |
|---|---|---|---|---|---|---|
★ 7611 S Hobart Subject | $699,900* List Price | 2 | 2 | 1,067 | $684 | - |
A 7860 S Denker Ave Sold | $765,000 | 2 | 2 | 1,115 | $686 | 0.3 mi |
B 1550 W 70th St Sold | $750,000 | 2 | 2 | 996 | $753 | 0.4 mi |
C 7319 S Denker Avenue Sold | $742,500 | 3 | 1 | 1,136 | $654 | 0.3 mi |
D 1425 W 79th Sold | $835,000 | 3 | 2 | 1,356 | $616 | 0.4 mi |
E 1535 W 70th Sold | $750,000 | 3 | 1 | 1,048 | $716 | 0.5 mi |
F 7710 S Halldale Avenue Sold | $865,000 | 3 | 2 | 1,142 | $757 | 0.3 mi |
G 8110 S Denker Sold | $710,000 | 2 | 2 | 960 | $740 | 0.4 mi |
H 1615 W 67th Sold | $785,000 | 3 | 2 | 1,338 | $587 | 0.6 mi |
I 1546 W 70th Street Active | $759,900 List Price | 3 | 2 | 1,053 | $722 | 0.4 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.
While originally built in 1927, the property has undergone a comprehensive renovation within the last 5 years. The kitchen and bathrooms feature modern designer finishes, new cabinetry, and updated fixtures. The interior shows new wide-plank flooring, recessed lighting, and fresh paint throughout, indicating a move-in ready state with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Renovated Historic Charm
This 1927 Spanish-style home seamlessly blends classic architectural character, such as arched passageways, with high-end modern renovations in the kitchen and bathrooms.
- Strategic Location
Situated near major Los Angeles landmarks including SoFi Stadium, The Forum, and LAX, the property offers excellent proximity to premier entertainment and transit hubs.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-03-26. The sold price is $540,000.00.
- Compact Interior Square Footage
With only 1,067 square feet of living space, the home’s interior footprint is relatively small, which may limit options for larger households or those needing extra storage.
- Low Local School Ratings
The assigned public schools for this address currently hold low performance ratings, which could impact the property's appeal to families prioritizing education quality.
About 7611 S Hobart
PRICE IMPROVEMENT! Step into timeless elegance with this beautifully renovated 1927 Spanish-style home, where classic architecture meets modern comfort. Rich in character, the home showcases arched passageways, hints of Spanish style finishes, all enhanced by a sophisticated palette of warm, classic tones. The thoughtfully updated kitchen offers a seamless blend into the dinning and living area, creating inviting spaces filled with natural light and enduring style. The renovated bathrooms feature stylish designer finishes, modern fixtures, and a spa-inspired atmosphere. Outside, a spacious blank-canvas backyard presents endless possibilities—design your dream outdoor oasis, add a pool, create an entertainer’s retreat, or build the garden you've always envisioned. This charming home is located near SoFi Stadium, The Forum, LAX, Downtown Los Angeles, beaches, dining, shopping, and some of Los Angeles’ most sought-after attractions, this home offers the perfect balance of comfort and amusement all at a steal!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 5,205 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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
3/10
Raymond Avenue Elementary School
Grades K-5 • 0.6 mi
3/10
La Salle Avenue Elementary School
Grades K-5 • 0.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,067 | 1,664.159 |
| Lot Size | 5,205 | 6,066.556 |
| Price | $699.9K | $1.35M |
| Price per sq ft | $656 | $806 |
| Built year | 1927 | 1939 |
| HOA | $0 | $278 |
| Days on market | 27 | 55 |
Pricing History
Listed for Sale
Aug 28, 2026
$699,900
$729,900
-4% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$729,900
Initial Listing
Sold
Mar 26, 2026
$540,000
Public Record