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$2,399,000

Beds
3
Baths
3.0
sq ft
2,473

2016 N Hobart Blvd, Los Angeles, CA 90027

2016 N Hobart Blvd

Los Angeles, CA 90027

  • 1 day on market
    • Open house Mar 09
Nestled on one of the best streets in Los Feliz, this elegant 1922 home exudes timeless charm and modern comfort. Set back from the street for privacy, the home welcomes you with lovely curb appeal, including a 100-year-old historical oak tree and expansive lawn. Inside, the home boasts exquisite details and rich finishes, including California red oak floors, a marble mantled fireplace in the open living room, and a spacious dining area. The updated kitchen features solid white wood inset cabinets, quartz countertops, subway tile backsplash, and stainless-steel appliances. Upstairs, the home features two bedrooms, including a large primary suite with direct access to a huge upstairs patio, perfect for enjoying the view of the expansive grassy yard area with a large pool and spa surrounded by tall trees. The home's outdoor spaces are equally inviting, with a huge entertainment patio and a grand full-length balcony. Immaculately maintained and move-in fresh, this home is a rare find in the heart of Los Feliz, offering a spacious interior living area of 2,473 square feet and a large, 12411 square foot, mostly flat backyard. Don't miss this opportunity to own a piece of Los Feliz's much-desired classic beauty! Plans and engineering drawings are available for a new 561 s.f. Accessory Dwelling Unit (ADU), as well as a raised second floor roof with 61 s.f. addition and lower remodel of the main house. Buyer to coordinate with the Architect to verify project permit status for both structures.

Details

Property type

Single Family Residence

Est. home value

$2,727,895

Lot size

0.285 acres

Price per sq ft

$971

Year built

1922

HOA

No

Price History

03/02/2025
CRMLS

CRMLS #PW25045708

Listed
$2,399,000
+5.31%
10/23/2020
CLAW

CLAW #20616068

Sold
$2,278,018

Schools & Community

Neighborhood: 

Los Feliz

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Los Angeles Unified

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

$458,542
Asking price
$2,399,000
Closing costs (~8% of asking)
-$191,920
Est. remaining loan balance
-$1,748,538
Cash to seller
$458,542

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2020

Original loan amount

$1,936,315

Est. remaining balance

$1,748,538

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

David Babst and The David Babst Separate Property Trust

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?

Status: Active

Tomo last checked: 03/03/2025 at 3:55 PM

Listing updated: 03/03/2025 at 6:35 AM

Listed by: Matias Stofenmacher, Matias Stofenmacher, Edgestone Real Estate, Inc.Edgestone Real Estate, Inc. Phone #: (213) 273-4845

MLS: CRMLS #PW25045708

CRMLS logo

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