729 S Hobart Boulevard 40
Los Angeles, CA, 90005
$449,000
MLS: 26835809
Beds
1
Baths
1
Sq Ft
789
Lot
0.74 ac
Year Built
1979
MLS #
26835809
Days on Market
29
Listed
May 18, 2026
Description
Beautifully maintained top-floor corner unit with the huge private patio that can be used as den/office. located in the desirable The Terraces community. This 1 bedroom, 1 bathroom condo has been lovingly cared for by the owner and offers a bright, airy living environment with high ceilings and hardwood floors throughout. The open and sun-filled layout creates a warm and inviting atmosphere, enhanced by the corner unit location that provides added privacy and abundant natural light. A unique highlight of this home is the huge private patio, which is fully enclosed with large sliding windows, making it a versatile space that can be used as a home office, additional room, or flex space, while still enjoying indoor-outdoor living. The community features desirable amenities including a pool, gym, convenient community laundry, and expansive outdoor open spaces. The unit also includes two gated parking spaces. Ideally located near markets, restaurants, shopping, boutiques, transportation, parks, and more, this home offers both comfort and exceptional convenience.
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Stephanie Hahm · Dream Realty & Investments Inc
Payment estimate
$3,981
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $44,900 · Loan: $404,100
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,560
- Property tax (1.25%)
- $468
- Homeowners insurance
- $300
- Mortgage insurance
- $168
- HOA dues
- $485
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $15,715 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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