9432 S Hobart Boulevard
Los Angeles, CA, 90047
(No pictures available yet)
$690,000
MLS: PW26099766
Beds
2
Baths
1
Sq Ft
1,288
Lot
0.15 ac
Year Built
1929
MLS #
PW26099766
Days on Market
1
Listed
May 7, 2026
Description
Opportunity knocks in the Gramercy Park neighborhood of South Los Angeles! This character-rich Spanish-style 2-bedroom, 1-bath home offers strong potential for investors or buyers looking to restore and add value. Subject to the City of Los Angeles Rent Stabilization Ordinance (RSO) and 9A registration requirements—buyers to verify and satisfy themselves. The home features timeless architectural elements including a fireplace in the living room, arched entry into a formal dining room, and an attached sunroom that adds flexible living space. The dining room flows into the kitchen with an interior laundry area and direct access to the rear yard. A detached 2-car garage and private fenced yard provide additional utility and potential. Centrally located with convenient access to multiple major freeways, the property offers connectivity throughout Los Angeles—from LAX and the South Bay to Downtown LA—all within approximately 15 minutes. Nearby schools and local amenities add to the overall appeal.
Location
Los Angeles, Los Angeles County, CA 90047
Open on Google Maps ↗Listed by: Mike Potier · Vylla Home, Inc.
Payment estimate
$5,207
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,000 · Loan: $621,000
- Principal & Interest
- $3,929
- Property tax (1.25%)
- $719
- Homeowners insurance
- $300
- Mortgage insurance
- $259
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 May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $24,150 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
See Los Angeles, CA 90047 market trends →
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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