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1029 South Hobart Boulevard

1029 South Hobart Boulevard, Los Angeles, CA 90006
1 Units For Sale
Unit for sale at 1029 S Hobart Blvd, Los Angeles, CA 90006

$690,000

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
1029 S Hobart Blvd #403, Los Angeles, CA 90006 Listing by Peter Oh

1029 South Hobart Boulevard is a condo located in Wilshire Center - Koreatown, Los Angeles. The building was first built in 1906 and is 118 years old. The lot that the building was built on is 500 feet wide and 1,550 feet long.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 3 closings on record. The most recent transaction was for unit 405, sold for $0 on Aug 20, 2020. Fun fact, the oldest transaction we have on record took place on Oct 23, 2012. See the full transaction history for 1029 South Hobart Boulevard below.

Wilshire Center - Koreatown, where 1029 South Hobart Boulevard is located, has a median asking price of $745,950 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $690,000. It is a 1,200 sqft 2-bedroom and 2-bathroom unit.

Building Features

Parking

Assigned Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220712 Unit 203
07/12/2022
203
2 Bed
2 Bath
1200 ft²
$789,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1200 ft²
-
-
-
Julius Chung
eXp Realty of California Inc

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1906
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,912
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,536
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELECTRIC RAILWAY HOMESTEAD ASSN
  • Land Acres: 0.136
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: ELECTRIC RAILWAY HOMESTEAD ASSN LOT/SEC 7 BLK/DIV/TWN 14

Ownership

  • Current Owner : CHO EUNICE
  • Previous Owner : YOO CASEY K
  • Owner Before Previous Owner: YOO SEUNG HEE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 213201

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-E3
  • Parcel: 5080-022-022
  • Block: 14
  • Lot: 7
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0518
  • Longitude: -118.304

    Address

  • Full Address: 1029 S Harvard Blvd
  • Address - House Number: 1029
  • Street Direction: S
  • Address - Street Name: Harvard
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C024
  • 4-Digit Zip Code: 2403
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,559
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.2342
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 1,081,931
  • High Value: 1,335,395
  • Low Value: 828,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $683,000
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Sep 05, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $683,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $635,343
  • Assessed Land Value: $444,741
  • Assessed Improvements Value: $190,602

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2015
  • Current Sale Recording Date: Apr 14, 2015
  • Current Sale Transaction ID: 1014106427
  • Current Sale Price: $550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0410474
  • Previous Sale Recording Date: Apr 15, 2003
  • Previous Sale Contract Date: Jan 10, 2003
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: OPEN BANK
  • First Mortgage Transaction Date: Apr 14, 2015
  • First Mortgage Loan Amount: $357,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Apr 15, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $288,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Negative Amortization
  • Previous Mortgage Loan Due Date: May 01, 2033

About Central LA



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Frequently Asked Questions

What neighborhood is 1029 South Hobart Boulevard located in?
The 1029 South Hobart Boulevard is a condo located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
How many listings are currently for sale in 1029 South Hobart Boulevard?
There is one unit for sale right now.
What is the average sales price for listings in 1029 South Hobart Boulevard?
The average sales price for units in 1029 South Hobart Boulevard is $690,000 , or $575/sqft. currently.

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