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503 N Hoover St

Los Angeles, CA 90004
  • $2,000,000
  • STATUS: Active
  • ON SITE: 63 days
  • MLS #: 21-716704
$2,000,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,296
    SQFT
  • $1,543
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1918
County:

School Ratings & Info

Description

GREAT SOLID INVESTMENT INCLUDING REMARKABLE DEVELOPMENT SITE POTENTIAL: R3 & TOC TIER 3 AREA! 7,569 SQUARE FEET! PLEASE DO NOT DISTURB OCCUPANTS! WELL, IT'S A 3 UNIT (2 BEDROOM HOME PLUS DUPLEX, 1 BED 1 BATH EACH - TENANT OCCUPIED - M/M) AND IT'S A CORNER DEVELOPMENT SITE! Remarkable Opportunity in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $264 Per Square Foot as a Development site! And there is a Development already active just North of this Property, on Hoover! Don't miss this one!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T23:42:42.417. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markwiseproperties.com/homes/115999714
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503 N Hoover St Los Angeles, CA 90004

  • Price: $2,000,000
  • Status: Active
  • MLS #: 21-716704
4
Beds
0
Baths
0
½ Baths
0.17
Acres
1,296
SQFT
$1,543
$/SQFT
1918
Built
Neighborhood:
Silver Lake - Echo Park
County:
Los Angeles
Area:
Silver Lake - Echo Park
Property Description
GREAT SOLID INVESTMENT INCLUDING REMARKABLE DEVELOPMENT SITE POTENTIAL: R3 & TOC TIER 3 AREA! 7,569 SQUARE FEET! PLEASE DO NOT DISTURB OCCUPANTS! WELL, IT'S A 3 UNIT (2 BEDROOM HOME PLUS DUPLEX, 1 BED 1 BATH EACH - TENANT OCCUPIED - M/M) AND IT'S A CORNER DEVELOPMENT SITE! Remarkable Opportunity in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $264 Per Square Foot as a Development site! And there is a Development already active just North of this Property, on Hoover! Don't miss this one!
Exterior Features

Direction Faces East Lot Size Area 7569 Other Structures None Parking Garage DrivewayDriveway - Pavers Pool Description None Pool YN No Roof Composition Spa None Spa YN No Style Spanish Tennis Court None Total Parking 4 View Description Walk Street View YN Yes Water Frontage None

Interior Features

Baths Total 3.00 Common Walls Attached Cooling Window Unit(S) Equipment Range/Oven Flooring Mixed Heating Wall Gas

Property Features

Assessed Total Value 538872 Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 2 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Security Features Carbon Monoxide Detector(S)Smoke DetectorGated Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units House+Duplex Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Bruce Jay DRE#00559166 of Bruce Jay Associates.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-12T23:42:42.417. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270