$ 2,499,000
220 N Hoover Street Los Angeles, CA 90004
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$ 2,499,000
Est. payment | /mo
4,150 SqFt
$ 2,499,000
Est. payment | /mo
4,150 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,150 sqft
Price per Sqft $602
MLS Listing ID CRPW24067859
HOA Y/N No
Year Built 1914
Lot Size 5,044 Sqft
Acres 0.12
Property Description
Nestled within the vibrant hills of Echo Park, this distinctive 6-unit building presents an enticing opportunity for both homeowners and investors, boasting captivating vistas of the Downtown Skyline. With a total of 15 bedrooms, 11 bathrooms, and 4150 sq ft of living space, this expansive property is a rare gem, offering a desirable cap rate exceeding 5%. The unit breakdown includes two units featuring 2 bedrooms and 1 bath each, two additional units offering 2 bedrooms and 2 baths each, one unit comprising 3 bedrooms and 2 baths, and a back house unit providing 4 bedrooms and 3 baths. Each unit showcases generous kitchens with an inviting open layout. Recently renovated, the property boasts new flooring, kitchens, bathrooms, fixtures, recessed lighting, appliances, and fresh paint throughout, ensuring modern comfort and style. With separate electrical meters for each unit and parking available for some, this investment promises ample cash flow. Ideally located just minutes away from Downtown Los Angeles, Silver Lake, and Koreatown, residents enjoy easy access to a plethora of amenities and attractions, including Dodger Stadium and the scenic trails of Elysian Park. Enhancing convenience, the complex is gated, while ample parking is provided at the rear of the property. With nea
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Heating Other
Cooling Wall/Window Unit(s)
Flooring Laminate, Tile
Fireplace No
Laundry Inside
Exterior
View Y/N true
View City Lights
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5156003022
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Elizabeth Ramirez • Bricxone Realty, Inc.
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