511 N HOOVER Street Los Angeles, CA 90004

$2,175,000
511 N HOOVER Street, Los Angeles, CA 90004
18404972

Single Family Home for sale in Los Angeles, CA

for $2,175,000. This home was built in 1910 on a lot size of 7500.00 Sqft..

Property Information

  • $2,175,000
  • Single Family
  • Active
  • Lot size of 7500.00 Sqft.
  • Built in 1910
  • Los Angeles, CA
  • East Hollywood Neighborhood
  • Los Angeles County
  • MLS/Web ID is 18404972
  • Just Listed

Description

DO NOT DISTURB OCCUPANTS! The HOOVER DEVELOPMENT SITE is a Remarkable Opportunity for 2 SIDE BY SIDE LOTS, approximately 15, 000 Sq.Ft. Total for Both Lots (must be sold concurrently). Zoned LAR3, TOC TIER 3. Both Lots are: 511 N. Hoover (APN 5539-028-014) and 517 N. Hoover (APN 5539-028-013). Currently 2 Craftsman Homes, both Owner Occupied. Nothing under Rent Control! Located in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Our Hypothetical Analysis assumes a Developer might be able to Entitle the Development for possibly 33 to hopefully 40 Residential Units, subject to City approval. Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $300 Per Square Foot!

Interior 2

Building Amenities

  • Laundry

Cooling System

  • Other

Exterior 1

Parking

  • Parking

† Excluded Feature

Listed By

Broker: BRUCE JAY ASSOCIATES

511 N HOOVER Street, Los Angeles, CA, 90004 is a Single Family Home for sale at $2,175,000 with a lot size of 7500.00 Sqft.. 511 N HOOVER Street has 0.0 baths and was built in 1910. The property's zip code is 90004 which is in Los Angeles, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $2,264,864 4 % above $1,075,000 51 % below
Single family listings in Los Angeles $2,624,038 21 % above $1,200,000 45 % below

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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