9801 S Hobart Boulevard, Los Angeles, California 90047, Los Angeles, 90047 - 3 bed, 2 bath
9801 S Hobart Boulevard
Los Angeles, California 90047
Property Price
SUMMARY
Analysis of 9801 S Hobart Boulevard, Los Angeles, California 90047 reveals a Fairly Priced Property with a current list price of $875,000 aligned with the estimated $888,146 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 9801 S Hobart Boulevard Subject | $875,000* List Price | 3 | 2 | 1,530 | $580 | - |
A 10640 S Gramercy Sold | $755,000 | 3 | 2 | 1,229 | $614 | 0.6 mi |
B 8830 Ruthelen Sold | $765,000 | 3 | 1 | 1,543 | $496 | 0.8 mi |
C 9402 S Van Ness Avenue Sold | $879,000 | 4 | 2 | 1,424 | $617 | 0.6 mi |
D 9231 La Salle Avenue Sold | $850,000 | 3 | 2 | 1,250 | $680 | 0.4 mi |
E 1838 W 88th Place Sold | $849,000 | 3 | 2 | 1,482 | $573 | 0.7 mi |
F 8759 S Hobart Boulevard Sold | $790,000 | 3 | 2 | 1,585 | $498 | 0.7 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1941, the property has undergone an extensive, full renovation within the last year. It features a brand-new modern kitchen with quartz countertops and high-end KitchenAid appliances, new flooring, new windows, and completely updated bathrooms. All components are virtually new, meeting modern quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Great Schools
High School: Middle College High School (9/10).
- Significant Development Potential
The oversized 7,200 sqft corner lot with rear alley access provides a rare opportunity for SB9 lot splitting or ADU/JADU construction, maximizing density and rental income potential.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-04-28. The sold price is $625,000.00.
- Underperforming School District
The local elementary and middle schools carry low performance ratings (1-3), which may limit the property's appeal to families prioritizing public education quality.
- Regulatory Verification Risks
While the lot offers expansion potential, the feasibility of SB9 splits and ADU conversions is subject to city approval and zoning verification, introducing uncertainty for developers.
About 9801 S Hobart Boulevard
RARE CORNER BIG LOT OPPORTUNITY - Fully remodeled 3 bed, 2 bath single-level home on a 7,200 sqft corner with private rear alley access offering excellent ADU and SB9 development potential. The home features a bright open floor plan with NEW flooring, NEW windows, and a NEW modern kitchen with quartz countertops and NEW KitchenAid appliances. Bathrooms have been beautifully updated, and a storage room provides additional flexible living space. The detached 2-car garage offers excellent ADU conversion potential, and the large corner lot with rear access may allow a SB9 lot split to build an additional home or add ADU/JADU for extra income (buyer to verify with city). Conveniently located minutes from SoFi Stadium, Intuit Dome, SpaceX, DTLA, and Los Angeles International Airport. Perfect for investors, developers, or buyers seeking future expansion potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1941
- Lot Size
- 7,200 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
Manhattan Place Elementary School
Grades K-5 • 0.2 mi
La Salle Avenue Elementary School
Grades K-5 • 0.8 mi
Century Park Elementary School
Grades K-5 • 1.0 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 | 1,530 | 1,371 | 71% |
| Lot Size | 7,200 | 5,403.5 | 93% |
| Price | $875.0K | $722.5K | 90% |
| Price per sq ft | $572 | $523 | 65% |
| Built year | 1941 | 1931 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 184 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$875,000
Initial Listing
Sold
Apr 28, 2025
$625,000
Public Record