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1145 N Hoover Street

Los Angeles, CA 90029

$1,899,000

| 5,048 sq. ft.

Status: Active Area: C21 - Silver Lake - Echo Park
Year Built: 1963 MLS#: 26637209

Description

Welcome to 1145 N. Hoover St, a fully-leased 7-unit apartment building located in the prime East Hollywood/Silver Lake area. Situated in a vibrant neighborhood renowned for its diverse community, hip culture, and artistic vibe, this property offers a unique blend of artistic expression, outdoor beauty, community spirit, and urban convenience, making it a desirable place to call home for many residents. Some of the benefits of living in East Hollywood/Silver Lake include its close proximity to downtown Los Angeles, providing easy access to major freeways, public transportation, and cultural attractions. The property is also conveniently located near Sunset Junction, Erewhon Market, and the Vermont/Santa Monica Metro, offering residents a mix of urban living and a laid-back atmosphere. Built in 1963, this exceptional commercial real estate opportunity boasts several key attributes: 7 units consisting of 2 two-bedroom, one-bathroom units and 5 one-bedroom, one-bathroom units, 2 floors, Zoning: LAR2 and 7 designated parking spaces available on the premises, total living area of 5,048 sq feet, and Soft-Story Retrofitted. This well-maintained property presents a variety of desirable unit configurations, ensuring a versatile rental income stream. The property's convenient location and ample parking spaces contribute to its appeal to potential tenants, ensuring consistent occupancy levels. Ideal for investors seeking a lucrative real estate opportunity.

Features

    Appliances: Refrigerator
    Heating: Wall Furnace
    Cooling: N/A
    Structure Type: Other Association Amenities: N/A
    Price/sqft: $376
    Parking Spaces: 7
    Total Floors: 2

Listing is Courtesy of: Underwood Mortgage Group | Use of this site means you agree to the Terms of Use

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by Multi-Regional Multiple Listing Service, Inc. ("MRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and MRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.