9801 S Hobart Boulevard, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
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Los Angeles, California 90047
This Fully Remodeled Corner-Lot Residence is a Strong Value Opportunity, listed at $849,000—positioned below the $851,775 Fair Market Value by 0.3%. This market-aligned pricing offers $2,775 in Instant Equity with massive upside through land utilization. Boasting an Excellent Condition Rating, the home features KitchenAid appliances and quartz countertops. The 7,200 sqft lot provides rare SB9 and ADU potential near SoFi Stadium and the 9/10 rated Middle College High School. This is a premier acquisition for Owner-Occupants or Savvy Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9801 S Hobart Boulevard Subject | $849,000* List Price | 3 | 2 | 1,530 | $557 | - |
A 10031 S Harvard Boulevard Sold | $840,000 | 3 | 3 | 1,640 | $512 | 0.2 mi |
B 10640 S Gramercy Sold | $755,000 | 3 | 2 | 1,229 | $614 | 0.6 mi |
C 8830 Ruthelen Sold | $765,000 | 3 | 1 | 1,543 | $496 | 0.8 mi |
D 1445 W 110th Sold | $775,000 | 3 | 2 | 1,456 | $532 | 0.9 mi |
E 9402 S Van Ness Avenue Sold | $879,000 | 4 | 2 | 1,424 | $617 | 0.6 mi |
F 8734 Dalton Sold | $800,000 | 3 | 2 | 1,360 | $588 | 0.8 mi |
G 10404 S Gramercy Place Active | $749,999 List Price | 3 | 3 | 1,686 | $445 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, high-end renovation within the last year. It features a modern kitchen with quartz countertops and KitchenAid appliances, fully updated bathrooms with contemporary tiling, new flooring throughout, and updated fixtures, meeting the highest standards for move-in readiness.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1530.
High School: Middle College High School (9/10).
The oversized 7,200 sqft corner lot with rear alley access offers significant upside through ADU construction or an SB9 lot split, making it an ideal opportunity for investors or multi-generational living.
The property was recently sold within the past year on 2025-04-28. The sold price is $625,000.00.
The assigned elementary and middle schools carry low ratings (1-3), which may be a significant drawback for families prioritizing high-quality public education.
A recent price reduction from the original list price indicates that the initial valuation may have been high for the immediate neighborhood, requiring careful market positioning.
RARE CORNER LOT WITH ADU & SB9 POTENTIAL – PRICED TO SELL! Fully remodeled single-level home on a spacious 7,200 sqft corner lot with private rear alley access offering incredible opportunity for investors, developers, or savvy buyers. The property features a bright open layout with modern upgrades throughout, including new flooring, updated windows, and a stylish kitchen with quartz countertops and KitchenAid appliances. The detached 2-car garage and large lot provide excellent potential for ADU or SB9 lot split (buyer to verify), creating the opportunity to build additional units or generate rental income. Ideally located near SoFi Stadium, Intuit Dome, SpaceX, DTLA, and LAX—making this a prime location with strong future growth. A rare value-add opportunity with immediate upside—don’t miss it!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,530 | 1,369 | 75% |
| Lot Size | 7,200 | 5,282 | 96% |
| Price | $849.0K | $750.0K | 89% |
| Price per sq ft | $555 | $522 | 62% |
| Built year | 1941 | 1930 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 177 | 2% |
Mar 29, 2026
$849,000
$875,000
-3% Price Drop
Initial Listing
Mar 4, 2026
$875,000
Initial Listing
Apr 28, 2025
$625,000
Public Record