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Property profile

1639 S Hobart Blvd Los Angeles, CA 90006

FOR SALE
Investment properties
Property ID
US10-0461325
8,640 SF 0.23 ac lot Built 1963
Last sale Jun 2024 · $3,325,000
Trust Owned Owner of record is a trust. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1639 S Hobart Blvd, Los Angeles, CA 90006 For Sale 1 / 16
$3,775,000 8,640 SF
1639 S Hobart Blvd, Los Angeles, CA 90006
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$30k
Tax billed · 2024
Assessed value$2.38M
Assessed land$1.87M
Assessed improvement$505k
Effective rate1.28%

Value estimate

· Nov 2026
$3.33M
$2.99M – $3.66M
AI approach$3.33M
CAP approach$2.69M
Submarket $/SF estimate$3.65M
NOI build-up
Gross scheduled income$21.10M
Vacancy & credit loss−$148k
Operating expenses−$9.43M
NOI · 305.24% cap applied$11.52M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$329/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$72 – $511
Qualifying comparables8

Cap rate analysis

How does the asset earn?
305.24%
$11.52M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LAC1
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm43.5
Realty agency25.5
Dry Cleaner8.9

Location

1639 S Hobart Blvd Los Angeles, CA 90006
County assessor Recorded deeds · 6 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2863 Olympic, Los Angeles, CA 90006 $4,999,000 Jan 2024 10,170 SF
956 Vermont, Los Angeles, CA 90006 $750,000 Mar 2022 5,898 SF
1521 Western, Los Angeles, CA 90006 $4,250,042 Oct 2021 11,726 SF
3076 Pico, Los Angeles, CA 90006-3810 $1,500,000 Jul 2020 8,262 SF
2606 Pico, Los Angeles, CA 90006-3902 $1,550,000 Sep 2019 7,540 SF
2644 Pico, Los Angeles, CA 90006-3916 $1,440,000 Jul 2019 7,306 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $1,440,000
    8,262 SF
    3076 Pico Blvd
    OFFICE/RESIDENTIAL (MIXED USE)
    3076 Pico Blvd, Los Angeles, CA 90006-3810
    View Details
  • Value Estimation
    $1,280,000
    9,372 SF
    1316 Western Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    1316 Western Ave, Los Angeles, CA 90006-4226
    View Details
  • Value Estimation
    $425,000
    7,360 SF
    3030 Pico Blvd
    OFFICE/RESIDENTIAL (MIXED USE)
    3030 Pico Blvd, Los Angeles, CA 90006-3805
    View Details
  • Value Estimation
    $4,070,000
    11,726 SF
    1521 Western Ave
    STORE/OFFICE (MIXED USE)
    1521 Western Ave, Los Angeles, CA 90006
    View Details
  • Value Estimation
    $610,000
    5,898 SF
    956 Vermont Ave
    STORE/OFFICE (MIXED USE)
    956 Vermont Ave, Los Angeles, CA 90006
    View Details
  • Value Estimation
    $4,200,000
    12,708 SF
    1101 Vermont Ave
    STORE/OFFICE (MIXED USE)
    1101 Vermont Ave, Los Angeles, CA 90006-2782
    View Details

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  • New
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  • New
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  • New
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    Two-story renovated live/work and flex campus near transit.
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Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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