220 N Hoover ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
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
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
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Heating Ductless
Cooling Wall/Window Unit(s)
Flooring Laminate,Tile
Fireplaces Type Kitchen
Fireplace Yes
Laundry Inside
Exterior
Garage Spaces 3.0
Garage Description 3.0
Fence Vinyl,Wood
Pool None
Community Features Curbs,Street Lights
View Y/N Yes
View City Lights
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5156003022
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 1200.0
Acceptable Financing Cash,Conventional,1031 Exchange,Submit
Listing Terms Cash,Conventional,1031 Exchange,Submit
Special Listing Condition Standard