Home For Sale In Los Angeles, California

house for sale

Listed: 03/09/24

641 N Hobart Blvd, Los Angeles, California, 90004

18 Bed:

29 Bath:

16,035 Sq Ft Living Area:

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Price

$ 7,55M

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About This House

ST Realty is pleased to present the opportunity to acquire a brand new, non-rent controlled 16-unit apartment building in Hollywood. Built-in 2023, The Property, located at 641 N Hobart Blvd, offers a great unit mix with two studios, 1 and 2-bedroom flats, and townhomes. The property offers large spacious units with an average square footage of755 SF.It also includes an in-unit washer and dryer, stainless steel appliances, two-tone cabinetry, quartz countertops, stylish flooring, mobile-friendly thermostats, Central A/C, and heat and reserved parking. The Property is centrally located and a short distance from the World Famous Hollywood Walk of Fame, Paramount Studios, Netflix, Koreatown, Larchmont, Downtown, and the Hollywood Bowl.

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Houses for sale in Los Angeles

Original listing

Los Angeles Housing & Living

Average sale prices for houses

1 bed

2 bed

3 bed

4+ bed

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Month	Median Price
Aug 2024	$837,581 (-20.3%)
Jul 2024	$1,051,454 (+12.7%)
Jun 2024	$932,981 (-41.3%)
May 2024	$1,590,389 (+13.1%)
Apr 2024	$1,406,480 (0%)
Mar 2024	$1,406,480 (0%)

In August 2024, the asking price for 1 bed houses for sale in/near Los Angeles, United States averaged $837,581, a decrease of 20.3% from the previous month.

Median price trends for properties for sale in Los Angeles, United States as of August 2024.

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.