Listed By:
Claudia Hansen with Rodeo Realty;
Address
1702 S Hoover Street, Los Angeles, CA
Price
$ 1,589,000
Property Attributes
  • MLS#21726566
  • TypeMulti-Family
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90006
  • Style
  • Price$ 1,589,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2415
  • Lot Size5,227 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

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.

Price History
3/12/2023 Listed $1,589,000

General Features

Accessibility None
Additional Parcels Y/N No
Association Y/N No
Attached Garage No
Carport Y/N No
City Los Angeles
Community Features Gated
Construction Materials Block, Frame, MetalSiding
County Los Angeles
Days on Market 108
Directions South of Venice Blvd & North of Washington Blvd.
Entry Location Ground Level - no steps
Garage Y/N Yes
Gross Income 9000.0
Heating ForcedAir
Home Warranty Y/N No
Interior Features BlockWalls
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels Two
Listing Terms Cash, TrustDeed
Lot Size Square Feet 5288.0
MLS Area C42 - Downtown L.A.
Mobilehomeremainsyn No
Net Operating Income 0.0
New Construction No
Pool Features None
Possession CloseOfEscrow
Private Pool No
Property Attached Y/N No
Property Type ResidentialIncome
Rent Control Y/N No
Roof Composition, Shingle
Security Features SecurityGate, GatedCommunity, Item24HourSecurity, SmokeDetectors
Senior Community Y/N No
Sewer Other
Spa Features None
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 2
Street Name Hoover
Tenant Pays Electricity, Gas, Water
Total Units 4
View Y/N No
Waterfront Y/N No
Year Built 2002
Zoning LAC1

Interior Features

Air Conditioning Y/N No
Basement (Y/N) No
Electric On Property Y/N No
Fireplace Features None
Fireplace Y/N No
Flooring Tile
Heating Y/N Yes
Laundry Features None
Street Suffix Street
Total Stories 2

Exterior Features

Building Area Total 2415.0
Crops Included Y/N No
Foundation Details Block
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Size Acres 0.12
Lot Size Area 5288.0
Lot Size Units SquareFeet
Number of Buildings 1
Open Parking Y/N No
Parking Features Guest, Private, WorkshopinGarage
Spa No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 90006

Price
AVG $1.51M
$1.59M
Visits
AVG 36
217
Data Provided by Inside Real Estate®
Year Built
AVG 1916
2002