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  5. The Terraces
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The Terraces

729 S Hobart Boulevard, Los Angeles, CA, 90005

YEAR BUILT

1979

# STORIES

3

# TOTAL UNITS

36

UNIT SIZE RANGE

789-1,250 sqft

Description

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.

Building ImageMLS ID #25488129
Building ImageMLS ID #CV24072960
Building Image
Building ImageView Listing

The Terraces

729 S Hobart Boulevard, Los Angeles, CA, 90005

YEAR BUILT

1979

# STORIES

3

# TOTAL UNITS

36

UNIT SIZE RANGE

789-1,250 sqft

Description

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.

Next

Description

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.

The Terraces Market Stats Last 12 months

Avg. Listed Price$450,000($496/Sqft.)

Avg. Sale Price$425,000($468/Sqft.)
Year over year list priceDown Arrow24.05%

Year over year sale priceDown Arrow 24.33%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market46 days

Average HOA fees per sqft$2 /monthly
Next

Market Stats

Year over year list priceDown Arrow24.05%

Year over year sale priceDown Arrow24.33%
Total Listings1 Listed

Total sold1 Sold
Average Days on Market46 days

Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

The Terraces Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 48481250321272024-07-05
MLS#: 24355167
Closed$625,000
Unit 424290921402024-05-22
MLS#: CV24072960
Closed$540,000
Unit 3396521462022-05-26
MLS#: 22135693
Closed$520,000
Unit 3
3

2 Beds

1 Baths

965 sqft


DateStatusPrice
2022-05-26Closed$520,000
MLS#: 22135693
Days On Market46
Unit 42
42

2 Beds

1 Baths

909 sqft


DateStatusPrice
2024-05-22Closed$540,000
MLS#: CV24072960
Days On Market40
Unit 48
48

3 Beds

2 Baths

1250 sqft


DateStatusPrice
2024-07-05Closed$625,000
MLS#: 24355167
Days On Market127
View Complete Unit Listing HistorySource By: CRMLS

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!

Next

Amenities Description

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!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

PetsAllowed

PetsAllowed

Barbecue

Barbecue

Pool

Pool

Security

Security

Smoke Detector(s)

Smoke Detector(s)

Handicap Parking

Handicap Parking

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 Allowed
Check
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
The Terraces$468/sqft.$2 /sqft.
729 S Hobart Blvd$459/sqft.$3 /sqft.
702 South Serrano Avenue$690/sqft.$2 /sqft.
702 S Serrano Ave$690/sqft.$2 /sqft.
Oxford Square$522/sqft.$5 /sqft.
722 S Oxford Ave$522/sqft.$5 /sqft.

Nearby Schools

Discover top-rated schools located close to The Terraces.

Brawerman Elementary East of Wilshire Blvd Temple

--
Private|Grades KG–6
3663 Wilshire Blvd|0.27 miles away

Hobart Boulevard Elementary School

C
Public|Grades KG–5
980 S Hobart Blvd|0.45 miles away

Vista Horizon Global Academy

--
Public|Grades KG–5
980 S Hobart Blvd|0.45 miles away

RFK Community Schools - UCLA Community School

D+
Public|Grades KG–12
700 S Mariposa Ave|0.55 miles away

RFK Community Schools - New Open World Academy

C-
Public|Grades KG–12
3201 W 8th St|0.58 miles away

RFK Community Schools - Ambassador School of Global Education

C
Public|Grades KG–5
3201 W 8th St|0.58 miles away
Next

Schools

Brawerman Elementary East of Wilshire Blvd Temple

--
Private|Grades KG–6
3663 Wilshire Blvd|Less than 1 Mile Away

Hobart Boulevard Elementary School

C
Public|Grades KG–5
980 S Hobart Blvd|Less than 1 Mile Away

Vista Horizon Global Academy

--
Public|Grades KG–5
980 S Hobart Blvd|Less than 1 Mile Away

RFK Community Schools - UCLA Community School

D+
Public|Grades KG–12
700 S Mariposa Ave|Less than 1 Mile Away

RFK Community Schools - New Open World Academy

C-
Public|Grades KG–12
3201 W 8th St|Less than 1 Mile Away

RFK Community Schools - Ambassador School of Global Education

C
Public|Grades KG–5
3201 W 8th St|Less than 1 Mile Away

RFK Community Schools - Los Angeles High School of the Arts

C-
Public|Grades 9–12
701 S Catalina St|Less than 1 Mile Away

RFK Community Schools - School for the Visual Arts & Humanities

D+
Public|Grades 9–12
701 S Catalina St|Less than 1 Mile Away

RFK Community Schools - Ambassador School of Global Leadership

D
Public|Grades 6–12
701 S Catalina St|Less than 1 Mile Away

Wilton Place Elementary

D
Public|Grades KG–5
745 S Wilton Pl|Less than 1 Mile Away

Mariposa - Nabi Primary Center

--
Public|Grades KG–2
987 S Mariposa Ave|Less than 1 Mile Away

Wilshire Park Elementary

B
Public|Grades KG–5
4063 Ingraham St|Less than 1 Mile Away

Everest Value

--
Public|Grades KG–8
668 S Catalina St|Less than 1 Mile Away

Cheerful Helpers Therapeutic School

--
Private|Grades UG–UG
3300 Wilshire Blvd|Less than 1 Mile Away

Los Angeles Elementary

C-
Public|Grades KG–5
1211 S Hobart Blvd|Less than 1 Mile Away

Korean Baptist Church School

--
Private|Grades PK–TKG
975 S Berendo St|Less than 1 Mile Away

St Brendan Catholic School

--
Private|Grades KG–8
238 S Manhattan Pl|Less than 1 Mile Away

Kim Elementary School

B
Public|Grades KG–5
225 S Oxford Ave|Less than 1 Mile Away

Cahuenga Elementary School

B-
Public|Grades KG–5
220 S Hobart Blvd|Less than 1 Mile Away

Bishop Conaty-Our Lady of Loretto High School

--
Private|Grades 9–12
2900 W Pico Blvd|1.02 Miles Away

Monsenor Oscar Romero Charter Middle School

D
Public|Grades 6–8
2670 W 11th St|1.07 Miles Away

Berendo Middle School

D+
Public|Grades 6–8
1157 S Berendo St|1.13 Miles Away

Young Oak Kim Academy

C-
Public|Grades 6–8
615 Shatto Pl|1.13 Miles Away

Sound of Music Preschool

--
Private|Grades PK–KG
1256 S Van Ness Av...|1.16 Miles Away

New Horizon School-los Angeles Campus

--
Private|Grades PK–5
434 S Vermont Ave|1.19 Miles Away

New Covenant Academy

--
Private|Grades KG–12
3119 W 6th St|1.21 Miles Away

St Thomas the Apostle Elementary School

--
Private|Grades KG–8
2632 W 15th St|1.23 Miles Away

Rise Kohyang Middle School

C-
Public|Grades 6–8
3020 Wilshire Blvd...|1.28 Miles Away

Pico Pico Middle School

C+
Public|Grades 6–8
1512 Arlington Ave|1.35 Miles Away

Equitas Academy 6

--
Public|Grades KG–4
631 S Commonwealth...|1.38 Miles Away

Camino Nuevo Charter Academy #2

C
Public|Grades KG–8
3400 W 3rd St|1.41 Miles Away

Hoover Street Elementary

A-
Public|Grades KG–5
2726 Francis Ave|1.43 Miles Away

Equitas Academy #2

D+
Public|Grades 5–8
2723 W 8th St|1.43 Miles Away

Beverly Christian Academy

--
Private|Grades KG–KG
224 N Serrano Ave|1.44 Miles Away

Politi Elementary School

D+
Public|Grades KG–5
2481 W 11th St|1.45 Miles Away

Pilgrim School

--
Private|Grades PK–12
540 S Commonwealth...|1.48 Miles Away

Frank Del Olmo Elementary School

C+
Public|Grades KG–5
100 N New Hampshir...|1.49 Miles Away

Harvard Elementary

C-
Public|Grades KG–5
330 N Harvard Blvd|1.53 Miles Away

Camino Nuevo Elementary School #3

--
Public|Grades KG–5
|1.54 Miles Away

Virgil Middle School

C
Public|Grades 6–8
152 N Vermont Ave|1.62 Miles Away

Rise Kohyang High School

B+
Public|Grades 9–12
600 S La Fayette P...|1.65 Miles Away

Rise Kohyang Elementary School

--
Public|Grades KG–1
600 S La Fayette P...|1.66 Miles Away

Equitas Academy 4

C-
Public|Grades 5–8
631 S Commonwealth...|1.66 Miles Away

Equitas Academy 5

--
Public|Grades KG–4
1050 Beacon Ave|1.66 Miles Away

Alexandria Elementary School

C-
Public|Grades KG–5
4211 Oakwood Ave|1.66 Miles Away

Commonwealth Avenue Elementary School

B+
Public|Grades 1–5
215 S Commonwealth...|1.68 Miles Away

Marlborough School

--
Private|Grades 7–12
250 S Rossmore Ave|1.73 Miles Away

Dr. Sammy Lee Medical and Health Science Magnet

B
Public|Grades KG–5
3600 Council St|1.76 Miles Away

Magnolia Avenue Elementary School

C
Public|Grades PK–5
1626 Orchard Ave|1.77 Miles Away

Camino Nuevo Elementary #3

C-
Public|Grades KG–8
1723 Cordova St|1.78 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

6th / Harvard

0.4 miles away|8 min walk

6th / Alexandria

0.66 miles away|13 min walk

6th / Catalina

0.8 miles away|16 min walk

3rd / Hobart

0.84 miles away|17 min walk

3rd & Hobart St. (CW)

0.85 miles away|17 min walk

3rd & Hobart Blvd. (CCW)

0.85 miles away|17 min walk
Next

Transit

6th / Harvard

0.4 miles away|8 min walk

6th / Alexandria

0.66 miles away|13 min walk

6th / Catalina

0.8 miles away|16 min walk

3rd / Hobart

0.84 miles away|17 min walk

3rd & Hobart St. (CW)

0.85 miles away|17 min walk

3rd & Hobart Blvd. (CCW)

0.85 miles away|17 min walk

3rd / Kingsley

0.86 miles away|17 min walk

3rd & Kingsley Dr. (CW)

0.87 miles away|17 min walk

3rd & Kingsley Dr. (CCW)

0.87 miles away|17 min walk

3rd / Western

0.88 miles away|17 min walk

3rd / Normandie

0.93 miles away|18 min walk

3rd / Saint Andrews

0.94 miles away|18 min walk

3rd & Normandie Ave. (CCW)

0.94 miles away|19 min walk

3rd / Alexandria

1 miles away|20 min walk

3rd / Wilton

1.01 miles away|20 min walk

3rd & Alexandria Ave. (CCW)

1.02 miles away|20 min walk

3rd / Catalina

1.1 miles away|22 min walk

3rd & Catalina St. (CCW)

1.12 miles away|22 min walk

3rd / Norton

1.16 miles away|23 min walk

1st St. & Normandie (CW)

1.22 miles away|24 min walk

3rd & New Hampshire Ave. (CCW)

1.24 miles away|24 min walk

1st & Alexandria (CW)

1.27 miles away|25 min walk

3rd / Lorraine

1.3 miles away|25 min walk

3rd / Vermont

1.31 miles away|26 min walk

1st & Catalina St. (CW)

1.37 miles away|27 min walk

6th / Commonwealth

1.43 miles away|28 min walk

18th & Western Ave. (Northbound)

1.45 miles away|28 min walk

18th & Western Ave. (Southbound)

1.45 miles away|28 min walk

1st & New Hampshire Ave. (CW)

1.46 miles away|29 min walk

3rd / Larchmont

1.5 miles away|29 min walk

3rd / Virgil

1.54 miles away|30 min walk

6th / Lafayette Park

1.59 miles away|31 min walk

3rd / Hoover

1.67 miles away|33 min walk

3rd / Rossmore

1.71 miles away|33 min walk

6th / Coronado

1.76 miles away|34 min walk

3rd / Occidental

1.78 miles away|35 min walk

3rd / Rimpau

1.9 miles away|37 min walk

3rd / Rampart

1.94 miles away|38 min walk

101 Fwy & Vermont Ave (Eastbound)

1.96 miles away|38 min walk

6th / Grand View

2 miles away|39 min walk

101 Fwy & Vermont Ave (Westbound)

2.04 miles away|40 min walk

3rd / Carondelet

2.08 miles away|40 min walk

6th / Alvarado

2.12 miles away|41 min walk

3rd / Grand View

2.19 miles away|42 min walk

3rd / Las Palmas

2.22 miles away|43 min walk

6th / Bonnie Brae

2.28 miles away|44 min walk

3rd / Alvarado

2.29 miles away|44 min walk

3rd St & Alvarado St (Westbound)

2.32 miles away|45 min walk

3rd St & Westlake Ave (Eastbound)

2.37 miles away|46 min walk

6th / Burlington

2.38 miles away|46 min walk

The Neighbourhood: The Terraces

Wilshire Center, situated in the heart of Los Angeles, is a bustling district renowned for its vibrant atmosphere and diverse cultural offerings. The area boasts a dynamic selection of international cuisines, trendy cafes, and shopping destinations that cater to all tastes. Residents and visitors alike enjoy the convenience of multiple public transportation options, including the Metro Purple Line, making commuting a breeze. With a blend of bustling activity and accessible green spaces, this district remains a lively epicenter for both work and leisure.

Next

Neighbourhood Description

Wilshire Center, situated in the heart of Los Angeles, is a bustling district renowned for its vibrant atmosphere and diverse cultural offerings. The area boasts a dynamic selection of international cuisines, trendy cafes, and shopping destinations that cater to all tastes. Residents and visitors alike enjoy the convenience of multiple public transportation options, including the Metro Purple Line, making commuting a breeze. With a blend of bustling activity and accessible green spaces, this district remains a lively epicenter for both work and leisure.

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The Terraces Demographics

Age Demographics

0–14 Years

15.68%

15–29 Years

23.78%

30–44 Years

25.64%

45–59 Years

18.75%

60+ Years

16.15%

Commute

23.24%

Transit

4.62%

Walk

60.02%

Drive

0.96%

Bike

Housing Ownership

6.44%

Owner Occupied

93.56%

Rental Units

Household Types

Single Family
23.18%
Multi Family
8.16%
Single Person
39.43%
Multi Person
60.57%

Average Income

Household:$4,774,150.24 /yr

Individual:$2,876,609.06 /yr

Education

Bachelors Degree26.92%
High School College19.69%
Diploma5.23%
Post Graduate9.5%
Others38.66%
Next

Education

Diploma5.23%
Post Graduate9.5%
Others38.66%
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    The Terraces
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