$4,520,000
For Sale

840 S Hoover Street

Los Angeles, CA 90005
2472 sqft | 3 beds | 2 baths | #22202281
Courtesy of Realty ONE Group United
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Description

This property should be sold together with 830 S Hoover St, which is adjacent to the 840 S Hoover St. These properties with 10,552 SF of Leasable Area on 11,313 SF of Lot in total are located at the area between LA Downtown and Koreatown. 840 S Hoover St (2,472 SF of Building on 5,006 SF of Lot) can be demolished to be used as a Parking Lot with 20 parking spaces besides the 5 parking spaces at 830 S Hoover St. It is a great investment with Projected GOI of $236,892 and Cap 4.2%. The properties with great potential should be sold together. It features C2 Zoning and Opportunity Zone with Tier 3 and high visibility.The properties are located on the major busy street, Hoover St, and within minutes distance to LA Downtown, Koreatown, USC and Fwy 10, 101 and 110. The right next door property is under a new Multi-Family construction. The properties to be sold as-is condition. Click on the Doc (s) for more information.
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  • Interior Details
    • Beds & Baths
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • View:CityLights
      • Stories:2
    • Measurements
      • Acres:0.1149
      • Square Feet:2472
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1893
  • Utilities / Energy Details
    • Utility
      • Sewer information:Other
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 520, 000
      • Selling Office Commission:1.500
  • Other
    • Source
      • MLS #:22202281

Location

Sun Lakes RealtyReal Estate Group
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