Condo · 2 recorded sales since 2023
Listing Agent: Stephanie Younger (DRE #01365696) · Listing Office: Compass · Contact: 310-499-2020 · Bought with: Andre Patatanyan · TruLine Realty · MLS #25531673 · Source: CRMLS
509 N Hobart Boulevard sold for $610,000 in May 2026, 1.6% under its $620,000 list price, after 285 days on the market. It was first listed at $725,000. That works out to $500 per square foot on 1,220 square feet. Across 77 closed sales in 90004 over the last 12 months, the median sold price is $1,600,000 and the median is $691 per square foot, 38% above this sale's $500. 2-bedroom rentals in 90004 currently list at a median of $3,153 a month (22 listings).
| Quarter | Closed sales in 90004 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $1,800,000 |
| Q2 2026 | 38 | $1,690,000 |
| Q3 2026 | 32 | $1,482,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90004
Welcome to 509 Hobart Avenue, a thoughtfully restored Colonial Revival bungalow offering a rare Tenancy-in-Common (TIC) opportunity in one of Los Angeles' most culturally vibrant neighborhoods Melrose Hill. These two beautifully reimagined homes one on the ground level, the other top level deliver a harmonious blend of historic charm and modern ease. Each residence features 2 bedrooms and 2 bathrooms across approximately 1,200 to 1,300 square feet, designed with both character and comfort in mind. Original hardwood floors, decorative fireplaces, and classic built-ins speak to the home's early 20th-century roots, while dual-pane windows, LED recessed lighting, upgraded electrical, and mini split HVAC bring it into the now. Enjoy the convenience of in-unit laundry, a private patio space perfect for unwinding or entertaining, and a covered one-car garage. These homes have been fully renovated and restored with care, preserving the integrity of their architectural heritage while offering fresh, functional living spaces. Set within the emerging Melrose Hill district a creative hub known for its gallery and restaurant 509 Hobart offers access to a rich local culture. Close to Metro lines and major studios including Paramount and Raleigh, this location pairs serene residential living with unbeatable connectivity. A distinctive home. A dynamic neighborhood. An uncommon chance to own.
Listing description from the May 2026 sale, as reported to CRMLS.
Closed sales reported in 90004, nearest first, last 12 months. All recent sales in Los Angeles →