1702 S Hoover Street Los Angeles, CA ^$ 1,589,000

1702 S Hoover Street

^$ 1,589,000

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1702 S Hoover Street

Los Angeles, CA, 90006

^$ 1,589,000

Bedrooms10 Baths6.0 Sq 2,415

Monthly Estimate*

^$ 11,100

Listed by Rodeo Realty

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Multi-Family Home for sale in Los Angeles, CA

for $1,589,000 with 10 bedrooms and 6 full baths. This 2,415 square foot home was built in 2002 on a lot size of 0.12.

Welcome to 1702 S. Hoover Ave. A wonderful property suitable for mixed-use office/retail building, located in the up and coming Pico-Union neighborhood, this property offers a unique ability to occupy a building near the rapidly improving DTLA, Korea Town, and USC, This two-story, 4 Unit, 2415 Sqft building is located on a 5,288 Sqft. Lot, Built-in 2002, Solid steel construction with top materials, this building features beautiful architectural elements to the facade, large open areas ideal for creative office/retail, The property benefits from a large parking lot in the rear of the building able to house up to 8 cars, Zoning is C1-1 Tier 2, WITH NO HEIGHT RESTRICTION, perfect for any Investor or Developer, looking to maximize density and looking to build more units. Here's your unique opportunity to own a piece of Los Angeles aside from being located in a prime location of LA due to its proximity to DTLA & all that this economic powerhouse has to offer.

Multi-Family Active

Price

^$ 1,589,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.12

Year Built

2002

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

21726566

Days on Market

1,093

Features

General

Interior Features BlockWalls

Sewer Other

Heating ForcedAir

Possession CloseOfEscrow

Roof Composition Shingle

Zoning LAC1

Pool Features None

Security Features SecurityGate GatedCommunity Item24HourSecurity SmokeDetectors

Construction Materials Block Frame MetalSiding

Year Built 2002

Tenant Pays Electricity Gas Water

Stories 2

Levels Two

Gross Income 9000.0

Community Features Gated

Accessibility None

County Los Angeles

Net Operating Income 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South of Venice Blvd & North of Washington Blvd.

City Los Angeles

Entry Location Ground Level - no steps

View Y/N N

Senior Community Y/N N

Total Units 4

MLS Area C42 - Downtown L.A.

Lot Size Square Feet 5288.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Hoover

Listing Terms Cash TrustDeed

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 108

Standard Status Active

Interior

Flooring Tile

Fireplace Features None

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Electric On Property Y/N N

Exterior

Parking Features Guest Private WorkshopinGarage

Lot Size Area 5288.0

Foundation Details Block

Number of Buildings 1

Spa N

Building Area Total 2415.0

Lot Size Acres 0.12

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1702

* Excluded Features

List By

Rodeo Realty

Broker

(310) 598-3350

Phone

Affordability Calculator

$11,100

Per Month

Monthly Principal & Interest: $11,100
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,999,871

Percent of Sale Price 26%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2023	$1,589,000		Listed Price

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1702 S Hoover Street, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,589,000 with 2,415 sqft and a lot size of 0.12. 1702 S Hoover Street has 10 bedrooms, 6.0 baths, and was built in 2002. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1702 S Hoover Street

Multi-Family Home for sale in Los Angeles, CA

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