tomo logo

$685,000

Beds
2
Baths
2.0
sq ft
1,140

1049 S Hobart Blvd Unit 203, Los Angeles, CA 90006

1049 S Hobart Blvd Unit 203

Los Angeles, CA 90006

  • 12 days on market
Welcome to 1049 Hobart, a stunning front corner-end unit in a highly desirable Los Angeles neighborhood, offering the perfect blend of modern living and urban convenience. Built in 2006, this impeccably maintained 2-bedroom, 2-bathroom home spans 1,140sf and boasts breathtaking panoramic views of downtown Los Angeles,all with a low HOA fee. With only one shared wall and south- and east-facing exposures, this natural light-filled unit is truly exceptional.Step inside to discover an open-concept layout designed for effortless living and entertaining. The expansive living room features a cozy fireplace and seamlessly connects to a private balcony, perfect for relaxing and enjoying the spectacular city views. Adjacent to the living area is a modern kitchen equipped with granite countertops, stainless steel appliances, ample cabinetry, and a functional peninsula. The primary bedroom serves as a peaceful retreat, complete with an ensuite bathroom featuring dual vanities, a soaking tub, a glass-door shower, and a walk-in closet. Former balcony has been enclosed to create a versatile space that can be used as an office, den, or extra storage. The second bedroom is generously sized and located near a beautifully appointed second bathroom. Additionally, a large in-unit laundry room provides new washer/dryer, extra storage and convenience. This home includes thoughtful features such as shiny laminated floors, central heating and cooling, recessed lights, two assigned tandem parking spaces with an EV charger, and a private 5x10-foot storage unit at the parking level. The HOA amenities include a fitness center, controlled access, and guest parking.Ideally situated, this property is within close proximity to Galleria Market, shopping centers, restaurants, banks, parks, cafes, bakeries, and entertainment venues. Don't miss this rare opportunity to own a meticulously maintained, move-in-ready home with stunning views in the heart of Los Angeles.

Details

Property type

Condominium

Est. home value

$711,585

Lot size

0.2852 acres

Price per sq ft

$601

Year built

2006

Monthly HOA fee

$364.54

Price History

12/06/2024
CLAW

CLAW #24465219

Listed
$685,000
+41.24%
02/27/2015
CRMLS

CRMLS #SR15000395

Sold
$485,000

Schools & Community

Neighborhood: 

Mid City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$127,905
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$502,295
Cash to seller
$127,905

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

New Wave Lending Group Inc

Loan start date

December 2021

Original loan amount

$536,000

Est. remaining balance

$502,295

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Jinup Son and Yoonmi Judith Yi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/18/2024 at 2:15 AM

Listing updated: 12/14/2024 at 3:15 PM

Listed by: Ki Seon Im, Ivy Realty Co. Phone #: (213) 386-8888

MLS: CLAW #24465219

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