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  1. Home/
  2. Los Angeles, CA/
  3. The Terraces

The Terraces

729 S Hobart Boulevard, Los Angeles, CA, 90005

0 Units for Sale

Front view of a multi-story apartment building with multiple balconies.View Listing
MLS ID #25488129
Front view of a multi-story apartment building with multiple balconies.View ListingMLS ID #25488129
Front view of a multi-story residential building with balconies.View ListingMLS ID #CV24072960
Front view of a multi-story building with large windows and a sign reading 'The Terraces'.View ListingMLS ID #CV24072960
Front view of a multi-story residential building with balconies.View ListingMLS ID #25488129
YearBuilt

Year Built

1979

Stories

# Stories

3

#TotalUnits

# Total Units

36
UnitSizeRange

Unit Size Range

789-1,250 sqft

UnitDemand

Unit Demand

Stories

-

UnitAvailability

Unit Availability

Stories

-


About The Terraces

The Terraces, located at 729 S Hobart Boulevard, is a three-story condominium complex established in 1979. This property offers a range of 1, 2, and 3-bedroom units with prices spanning from $636,890 to $625,000. The building comes with a variety of amenities designed to enhance urban living. Residents can enjoy a fully equipped fitness center, an outdoor cooking area, and a refreshing swimming pool. For social gatherings, there is a designated picnic area and barbecue facilities. A meeting room is available for community or business gatherings. Convenience is emphasized with elements such as street lights and sidewalks that promote a walkable environment. The neighborhood surrounding The Terraces is equipped with urban amenities that cater to modern lifestyles, even though specific neighborhood details are not provided. The infrastructure supports an active lifestyle with curbs that facilitate safe walks, while street lights enhance security and accessibility. The Terraces provides a comprehensive living experience with its functional amenities and practical unit configurations. This building incorporates features that cater to diverse living needs while emphasizing functionality and convenience.

Front view of a multi-story apartment building with multiple balconies.View Listing
MLS ID #25488129
Front view of a multi-story apartment building with multiple balconies.View ListingMLS ID #25488129
Front view of a multi-story residential building with balconies.View ListingMLS ID #CV24072960
Front view of a multi-story building with large windows and a sign reading 'The Terraces'.View ListingMLS ID #CV24072960
Front view of a multi-story residential building with balconies.View ListingMLS ID #25488129

Amenities

Living at The Terraces means having access to a delightful range of amenities. Imagine hosting barbecues or relaxing in the picnic area with friends. For those who love to stay active, the fitness center offers an excellent opportunity to break a sweat without heading to a gym across town. If you’re looking for a leisurely day, take a dip in the pool or whip up something delicious in the outdoor cooking area. With lovely sidewalks and street lights within the community, evening strolls are just as enjoyable!

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevator
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

When considering a condo, understanding the building policies is key. At The Terraces, there's a size limit in place, ensuring a calm and tidy living environment. So, if you're a first-time buyer, you can feel confident that you’re moving into a well-regulated community.

Pet AllowedPets Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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The Terraces Market Report (last 12 months)

Avg. List Price
$450,000 ($496/Sqft.)
Year-Over-Year List Price
Down Arrow 24.05%
Total Listings
Listings1
Avg. Days On Market
Calendar46
Avg. Sale Price
$425,000 ($468/Sqft.)
Year-Over-Year Sale Price
Down Arrow 24.33%
Total Sold
Sold1
Avg. HOA Fees/Sqft
$2 /monthly

Demographics For all Wilshire Center listings

AVERAGE RESIDENT AGE

37 years old

AVERAGE HOUSEHOLD INCOME

$48,402/year

AVERAGE HOUSEHOLD COMPOSITION

2 People

Star IconWhat to know about Wilshire Center demographics:

  • Approximately 27.14% of the population holds a bachelor's degree, reflecting a well-educated community.
  • The average age in Wilshire Center is around 37 years, presenting an appealing market for young families and professionals.
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Living in The Terraces

Condo Living at The Terraces, located at 729 S HOBART BOULEVARD, LOS ANGELES, CA:

Are you ready to take the leap into homeownership? If yes, then welcome to The Terraces! This charming condo building, nestled in the heart of Los Angeles, is perfect for first-time buyers looking to invest in a community that’s lively and vibrant. Built in 1979, The Terraces boasts an inviting atmosphere with its three-story structure, making it a cozy yet accessible choice for young homeowners.

Building Features and Unit Availability:

At The Terraces, you'll find a well-maintained setting with a total of 36 units, offering diverse size options ranging from 789 to 1,250 square feet. Unfortunately, there are no current units available, but don’t let that discourage you! Given the building's desirable features and location, it's clear why potential buyers are keeping an eye on availability.

Life at The Terraces:

What can you expect from life in The Terraces? The friendly atmosphere encourages neighbors to connect, creating a sense of belonging that is important for first-time buyers. Whether you are enjoying a sunny afternoon at the pool or a fun barbecue night, you'll soon find that there's always something going on at The Terraces.

  1. Home/
  2. Los Angeles, CA/
  3. The Terraces
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