CA > Los Angeles
Los Angeles, CA 90004,517 N HOOVER ST
Scott Goshorn
Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

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$ 2,175,000

Est. payment /mo
Sold on 12/14/2023

517 N HOOVER ST Los Angeles, CA 90004

2 Beds

1 Bath

1,093 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,093 sqft

Price per Sqft $1,662

MLS Listing ID 19-442388

Bedrooms 2

Year Built 1910

Lot Size 7,499 Sqft

Property Sub-Type Multi-Family

Property Description

THE MARKET HAS MET THIE PRICE FOR THESE 2 LOT PRIME DEVELOPMENT SITES: R3 TIER 3 TWO LOTS 15k SF! TWO LOTS, THIS IS ONE OF THEM, BOTH R3 DEVELOPMENT SITES!! DO NOT DISTURB OCCUPANTS! The HOOVER DEVELOPMENT SITE is a Remarkable Opportunity for 2 SIDE BY SIDE LOTS, approximately 15,000 Sq.Ft. Total for Both Lots (must be sold concurrently). Zoned LAR3, TOC TIER 3. Both Lots are: 511 N. Hoover (APN 5539-028-014) and 517 N. Hoover (APN 5539-028-013). Currently 2 Craftsman Homes, both Owner Occupied. Nothing under Rent Control! Located in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Our Hypothetical Analysis assumes a Developer might be able to Entitle the Development for possibly 33 to hopefully 40 Residential Units, subject to City approval. Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $300 Per Square Foot!

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR3

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Tandem

Garage Spaces 1.0

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Bruce Jay Associates
Bought with Bruce Jay Associates
agent

Scott Goshorn

Director- Luxury Estates | License ID: 01964409

+1(323) 251-5479

GET MORE INFORMATION

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Phone*
Message
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