John E Burge

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1702 S Hoover StreetLos Angeles, CA 90006

Multi-Family · 2,415 Sq. ft. | 0.12 Acres
$1,589,000 Active

1702 S Hoover Street Overview

Time on Site:
1391 days
Visits:
27

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.

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1702 S Hoover Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,415
  • Price/Sq.ft. $658
  • Lot 0.12 Acres

Details

General

Income/Expenses

  • Gross Income: 9000.0

Building Information

  • Year Built: 2002

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: C42 - Downtown L.A.

Community/Development

  • Community Features: Gated

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Water

General Information

  • Listing Terms: Cash,Trust Deed
  • Parcel Number: 5135010035
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: Standard
  • Zoning: LAC1

Interior

Parking Information

  • Garage: Yes

Building Interior

  • Building Area Total: 2415.0

General Information

  • Accessibility Features: None
  • Entry Location: Ground Level - no steps
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Tile
  • Foundation Details: Block
  • Interior Features: Block Walls
  • Laundry Features: None
  • Levels: Two
  • Security Features: Security Gate,Gated Community,24 Hour Security,Smoke Detector(s)
  • Spa Features: None
  • Spa: No
  • Stories: 2
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Guest,Private,Workshop in Garage

Lot Information

  • Lot Size Acres: 0.12
  • Lot Size Area: 5288.0
  • Lot Size Square Feet: 5288.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1

Building Exterior/Construction

  • Construction Materials: Block,Frame,Metal Siding
  • Roof: Composition,Shingle

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Other

1702 S Hoover Street Neighborhood

Community

90006 (Los Angeles) Demographics

34
Median Age
30,503
Population Density (per sq. mile)
24%
College Educated
$37,375
Estimated Median Income
1,777
Estimated Total Home Owners
17,372
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1702 S Hoover Street Monthly Cost

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1702 S Hoover Street Market Data

Based on the last 30 days in this zip code

$804,658
Average List Price
$523
Average Price per Square Foot
10
Properties Sold
77
Average Days on Market
153
Properties for Sale
Calculations provided by Reliance Network

1702 S Hoover Street History

Date Event Value Agent
9/8/2022Source: CRMLS Added to Database
September 08, 2022
Listing provided courtesy of Rodeo Realty- MLS# 21726566MLS Provider
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