171 S Hoover Los Angeles, CA $ 3,395,000
171 S Hoover
$ 3,395,000
Recently Listed New Construction
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171 S Hoover

Los Angeles, CA, 90004
$ 3,395,000
Baths1.1 Sq 7,174

Monthly Estimate*

$ 20,904

Listed by Myunits.com Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,395,000 with 1 full bath, 1 half bath. This 7,174 square foot home was built in 2025 on a lot size of 0.1718.

171 S Hoover St is a FULLY LEASED, ultra-premium 2025 built 6-unit located in ultra trendy Silver Lake Adj., just 5 minutes from countless shops and restaurants and conveniences on Sunset Blvd This prime 6-unit will be delivered fully leased at a real 5.81% cap rate: a dream come true for 1031 exchange buyers! 171 S Hoover St is made up of three large 4-bedroom, two 2-bedroom, and one 3-bedroom tri-level townhome style unit! The property boasts 10 parking spots, all conveniently organized in carports (highly desirable by tenants) plus two bonus spots accessed by the front driveway. The excellent location, paired with the upscale modern units will make for quick, easy rentals time and time again! These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to designer tiles, all kitchen appliances included, large waterfall islands, modern glossy cabinets, high ceilings, huge closets, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas and electric with 1 water meter that is sub metered (tenants pay all utilities), and extreme desirability amongst renters for years to come. This one-of-a-kind opportunity will not last long!

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Multi-Family Active

Price

$ 3,395,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 40,312

Style

Lot Size

0.1718

Year Built

2025

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB26014422

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Dishwasher Electric Oven Gas Range Microwave Refrigerator
Garage Spaces 0
Pool Features None
Year Built 2025
Electric Standard
Tenant Pays All Utilities
View Neighborhood
Property Subtype Quadruplex
Gross Income 255348
Community Features Sidewalks
County Los Angeles
Net Operating Income 197272
Operating Expense 50418
Insurance Expense 4304
New Construction true
Property Type Residential Income
MaintenanceExpense 3600
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From the 101 Freeway exit directly onto Hoover Street and travel south to 171 S Hoover St a centrally located asset with direct access to Downtown Los Angeles and Koreatown supporting consistent tenant demand and strong rental fundamentals.
City Los Angeles
Entry Location `1
Senior Community Y/N false
Number Of Units Total 6
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 7484
Carport Spaces 10
Carport Y/N true
Number of Units Leased 6
Listing Terms Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 40312
Electric Expense 6
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Builder
Tax Lot 15
Total Actual Rent 21279
Property Sub Type Additional Quadruplex
Taxes 40312
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Interior
Fireplace Features None
Total Stories 3
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features Landscaped
Water Source Public
Total Parking 10
Lot Size Area 7484
Number of Buildings 3
Spa false
Building Area Total 7174
Lot Size Acres 0.1718
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Myunits.Com Inc.

Broker

listings@twotofour.com

Email

Affordability Calculator

$24,263
Per Month
86%
14%
0%
Monthly Principal & Interest
$20,904
Monthly Property Taxes
$3,359
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/21/2026$3,395,000 Listed Price

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171 S Hoover, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $3,395,000 with 7,174 sqft and a lot size of 0.1718. 171 S Hoover is a studio with 1.1 baths and was built in 2025. The property's zip code is 90004 which is in Los Angeles, CA