
Los Angeles, California 90047
This Versatile Income-Generating Residence is listed at $949,000, offering a stable market entry for a property with exceptional cash-flow potential. The asset is anchored by a newly constructed (2020) permitted ADU currently generating $2,600 per month, effectively offsetting carrying costs and enhancing the Fair Market Value of $855,626. Boasting a Good Condition Rating, the main 1925 structure is well-maintained and move-in ready. Located near the elite Middle College High School (9/10), this property balances urban convenience with long-term financial upside. It is an ideal match for Owner-Occupants seeking a house-hack or Multi-generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9638 S Hobart Boulevard Subject | $949,000* List Price | 4 | 2 | 1,737 | $493 | - |
A 10031 S Harvard Boulevard Sold | $840,000 | 3 | 3 | 1,640 | $512 | 0.2 mi |
B 2156 W 108th Street Sold | $930,000 | 4 | 3 | 1,866 | $498 | 0.9 mi |
C 10520 Ruthelen Sold | $775,000 | 3 | 2 | 1,589 | $488 | 0.6 mi |
D 9402 S Van Ness Avenue Sold | $879,000 | 4 | 2 | 1,424 | $617 | 0.6 mi |
E 9631 S Harvard Boulevard Pending | $799,000 List Price | 4 | 2 | 1,879 | $425 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the main structure dates to 1925, the property underwent a major renovation and added a permitted ADU in 2020. At approximately 6 years post-renovation, the home is well-maintained and move-in ready, falling within the 5-15 year renovation window for a Good rating.
High School: Middle College High School (9/10).
The property features a newly constructed (2020) fully permitted ADU currently generating $2,600 per month, offering exceptional income potential for investors or significant mortgage offset for owner-occupants.
Centrally situated within Los Angeles, the property provides convenient access to major metropolitan hubs and amenities, ensuring high desirability and long-term value retention.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The majority of the assigned public schools for this address carry low performance ratings (1/10 and 2/10), which may be a deterrent for families prioritizing educational proximity.
Originally built in 1925, the main residence may require ongoing maintenance or modernization of its century-old systems to meet contemporary efficiency and aesthetic standards.
Prime Los Angeles location, centrally situated with convenient access to everything LA has to offer. This well-maintained 3-bedroom, 2-bathroom home features a spacious layout and a private backyard perfect for relaxing or entertaining. A standout feature of the property is the newly constructed (2020) fully permitted ADU in the rear, offering excellent income potential. The ADU is currently tenant-occupied, generating $2,600 per month, making this an ideal opportunity for both homeowners and investors. Don't miss this versatile property in a highly desirable location!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 85% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,737 | 1,373 | 84% |
| Lot Size | 6,502 | 5,285 | 75% |
| Price | $949.0K | $750.0K | 97% |
| Price per sq ft | $546 | $514 | 63% |
| Built year | 1925 | 1930 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 170 | 1% |
Apr 29, 2026
$949,000
Initial Listing
Jan 17, 2020
$737,000
Public Record
May 8, 2019
$372,000
Public Record