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517 N Hoover St, Los Angeles, CA 90004
$1,817,500
517 N Hoover St, Los Angeles, CA 90004View this property at 517 N Hoover St, Los Angeles, CA 90004
517 N Hoover StLos AngelesCA90004
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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!
Full Property Details
Full Property Details for 517 N Hoover St
General
- Sold For: $1,817,500
- Status: Closed
- Type: Multi-Family
- MLS ID: 19-442388
- Added to Site: 1, 879 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Other Features: Other
Parking
- Garage Description: Tandem
Location
- Area: Silver Lake - Echo Park
- County: Los Angeles
- Driving Directions: Cross Street: Just South of Bellevue Avenue, Just North of Middlebury Street.
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Structural Information
- # Buildings: 1
- Stories/Levels: 0
- Square Feet: 1,093
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1910
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 1
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size: 7499
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $1,989.94
- Assessment Year: 1910
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 5539-028-013
Listed and Sold by Bruce Jay Associates, Bruce Jay
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Schools
Schools serving 517 N Hoover St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
607 N Westmoreland Ave, Los Angeles, CA 90004 | K-5 | 0.3 mi | |
4201 Fountain Ave, Los Angeles, CA 90029 | 6-8 | 1.2 mi | |
3939 Tracy St, Los Angeles, CA 90027 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 517 N Hoover St
Date
Details
Price
Change
Source
12/14/2023
Sold
$1,817,500
-16.44%
MLS
3/09/2019
Listed
$2,175,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
517 N Hoover St, Los Angeles, CA 90004 (MLS# 19-442388) is a Multi-Family property that was sold at $1,817,500 on December 14, 2023. Want to learn more about 517 N Hoover St? Do you have questions about finding other Multi-Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.