416 N Hobart
Los Angeles, CA, 90004
$1,060,000
MLS: OC25232564
Beds
3
Baths
3
Sq Ft
2,048
Lot
0.17 ac
Year Built
1916
MLS #
OC25232564
Days on Market
178
Listed
Oct 21, 2025
Description
Seize the potential at 416 N Hobart Blvd, a 1920s Spanish Revival fixer-upper in the vibrant 90004 neighborhood. This 3-bedroom, 3-bath home spans 2,048 sq ft on a 6,500 sq ft lot, featuring a rear ADU for rental income or guest space. Interior Features: *Kitchen ready for modern upgrades. *Three bedrooms with ample closets; primary includes en-suite bath. *Three baths needing updates but structurally sound. *Exterior Highlights: *Lush backyard with citrus trees, patio, and rear ADU. *Detached 2-car garage. Currently occupied, this home requires TLC—perfect for investors or buyers seeking a value-add project. Close to Wilshire Blvd eateries, Griffith Park.
Location
Los Angeles, Los Angeles County, CA 90004
Open on Google Maps ↗Listed by: Scott Stockdale · Next Home Realty
Payment estimate
$7,663
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $106,000 · Loan: $954,000
- Principal & Interest
- $5,862
- Property tax (1.25%)
- $1,104
- Homeowners insurance
- $300
- Mortgage insurance
- $398
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $37,100 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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