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1416 South Hobart Boulevard

1416 South Hobart Boulevard, Los Angeles, CA 90006
Property in Harvard Heights
Sold May 13, 2022
$1,395,000
Buyer
Seller
$990,500 by Bank Of The West
Mortgage Due Jun 01, 2052
Sold Nov 06, 2017
$1,080,000
Local assessors in Los Angeles, CA have categorized 1416 South Hobart Boulevard as a residential type of property. The home was built in 1917 and is 107 years old. The property's lot size has been calculated to be 8,216 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a quadplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1416 South Hobart Boulevard has a total of 4,332 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1416 South Hobart Boulevard was last sold in May 10, 2022 for $1,395,000. According to our calculations, that's $322.02 per sqft. Prior to that sales transaction, the property was sold for $1,080,000 in Oct 10, 2017. Current property owners are expected to pay $14,223 in taxes per year. The property on 1416 South Hobart Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,422,900. To break that down further, the land itself was valued at $816,000. While improvements to the property were assessed at a total of $606,900. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1917
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,216
  • Total Building Area: 4,332
  • Gross Building Area: 4,332
  • Building Area: 4,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON ST & PICO STREE
  • Land Acres: 0.189
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: WASHINGTON ST AND PICO ST HEIGHTS TRACT S 6.74 FT OF LOT 8 AND N 45.26 FT OF LOT/SEC 9 BLK/DIV/TWN A

Ownership

  • Current Owner : SHIN HAENA
  • Previous Owner : JIN LEE HAI
  • Owner Before Previous Owner: LIM KENNETH CHANG
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221210

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 43-E3
  • Subdivision Tract Number: S
  • Parcel: 5074-005-009
  • Block: A
  • Lot: 8
  • Municipality: WEST /ADAMS/JEFF PARK
  • Latitude: 34.0459
  • Longitude: -118.305

    Address

  • Full Address: 1416 S Hobart Blvd
  • Address - House Number: 1416
  • Street Direction: S
  • Address - Street Name: Hobart
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C035
  • 4-Digit Zip Code: 4216
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,223
  • Tax Rate Code Area: 00-210

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,355,530
  • High Value: 1,447,369
  • Low Value: 1,263,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $990,500
  • First Open Lien Mortgage Lender: BANK OF THE WEST
  • First Open Lien Mortgage Recording Date: May 13, 2022
  • First Open Lien Mortgage Loan Amount: $990,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,422,900
  • Assessed Land Value: $816,000
  • Assessed Improvements Value: $606,900

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Transaction ID: 11887558651
  • Current Sale Price: $1,395,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 521788
  • Previous Sale Recording Date: Nov 06, 2017
  • Previous Sale Contract Date: Oct 10, 2017
  • Previous Sale Amount: $1,080,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: May 13, 2022
  • First Mortgage Loan Amount: $990,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

About South LA



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Frequently Asked Questions

What neighborhood is 1416 South Hobart Boulevard located in?
The 1416 South Hobart Boulevard is a located in the neighborhood of Harvard Heights in South LA, Los Angeles.
What is the average sales price for listings in 1416 South Hobart Boulevard?
The average sales price for units in 1416 South Hobart Boulevard is $0 currently.

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