Homes for sale - 220 N Hoover ST, Los Angeles, CA 90004

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 2,499,000

Est. payment -/mo

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Active

220 N Hoover ST Los Angeles, CA 90004

4,150 SqFt

UPDATED:

05/23/2024 10:57 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,150 sqft

Price per Sqft $602

MLS Listing ID PW24067859

Style Modern

HOA Y/N No

Year Built 1914

Lot Size 5,044 Sqft

Acres 0.1158

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 nearby parks and entertainment options, this dynamic neighborhood offers endless opportunities for leisure and exploration.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Heating Ductless

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type Kitchen

Fireplace Yes

Laundry Inside

Exterior

Garage Spaces 3.0

Fence Vinyl, Wood

Pool None

Community Features Curbs, Street Lights

View Y/N Yes

View City Lights

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Modern

Level or Stories Two

New Construction No

Others

Senior Community No

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Special Listing Condition Standard

Confidential INFO

BAC 2.5

TERMS 1031 Exchange,Cash,Conventional,Submit

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS The seller has never resided on this property and holds a real estate broker’s license. Agent does not guarantee the accuracy of the square footage, lot size, or property characteristics provided by the seller or information obtained from public records or other sources. Buyers and Agents to complete their due diligence on all aspects of the property. Submit Full Offer Package including RPA, Pre-Approval with FICO, & POF to elizabethyramirez@gmail.com. We invite outside agents to participate in our open house, if interested contact Liz at 213-257-1999

SHOW CONTACT TYPE See Remarks

SHOW INSTRUCTIONS Please submit offers \"SUBJECT TO INTERIOR INSPECTION\" Submit Full Offer Package including RPA, Pre-Approval with FICO, & POF to elizabethyramirez@gmail.com. We invite outside agents to participate in our open house, if interested contact Liz at 213-257-1999

Listed by Bricxone Realty, Inc.

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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