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640 North Hobart Boulevard

640 North Hobart Boulevard, Los Angeles, CA 90004
Sold Nov 05, 2019
$1,300,000
$637,500 by E Central Cu
Mortgage
Local assessors in Los Angeles, CA have categorized 640 North Hobart Boulevard as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 1930. The property's lot size has been calculated to be 7,510 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bungalow style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 640 North Hobart Boulevard has a total of 1,488 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. The home sources its water from a municipal system. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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. The building has a roof that is made of composition shingle. Residents rely on a evaporative cooler for their cooling system. The home's a central heating system is the primary heating source. 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, 640 North Hobart Boulevard was last sold in Oct 2, 2019 for $1,300,000. According to our calculations, that's $873.66 per sqft. Current property owners are expected to pay $15,999 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 640 North Hobart Boulevard was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,366,528. To break that down further, the land itself was valued at $1,093,224. While improvements to the property were assessed at a total of $273,304. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1920
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Bungalow
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,510
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Central heating
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LA PALOMA ADDITION
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LA PALOMA ADD LOT/SEC 5 BLK/DIV/TWN 4

Ownership

  • Current Owner : LALEPOUR HOUSHMAND
  • Previous Owner : VASCONEZ HECTOR TARQUINO
  • Previous Owner 2: VASCONEZ FANNY YOLANDA
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192510

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-E5
  • Parcel: 5521-005-006
  • Block: 4
  • Lot: 5
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0828
  • Longitude: -118.305

    Address

  • Full Address: 640 N Hobart Blvd
  • Address - House Number: 640
  • Street Direction: N
  • Address - Street Name: Hobart
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 1817
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,999
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2287
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 1,486,979
  • High Value: 1,827,198
  • Low Value: 1,146,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $637,500
  • First Open Lien Mortgage Lender: E CENTRAL CU
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $637,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,366,528
  • Assessed Land Value: $1,093,224
  • Assessed Improvements Value: $273,304

    Sales

  • Current Sale Contract Date: Oct 02, 2019
  • Current Sale Recording Date: Nov 05, 2019
  • Current Sale Transaction ID: 11672688714
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1193077

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT BANK
  • First Mortgage Transaction Date: Nov 05, 2019
  • First Mortgage Loan Amount: $840,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



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Frequently Asked Questions

What neighborhood is 640 North Hobart Boulevard located in?
The 640 North Hobart Boulevard is a house located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 640 North Hobart Boulevard?
The average sales price for units in 640 North Hobart Boulevard is $0 currently.

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