1424 N Hoover St, Los Angeles, CA 90027
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1424 N Hoover St Los Angeles, CA 90027

$1,988,000
  • 35 Beds
  • 25 Baths
  • 3,224 Sq.Ft.
For Sale
$1,988,000 Get Pre-Qualified

Map preview of 1424 N Hoover St, Los Angeles, CA 90027

Property Overview: 1424 N Hoover St Los Angeles, CA has 35 bedrooms, 25 bathrooms, 3,224 living square feet and 6,208 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Fantastic opportunity for extremely well priced property in the heart of Los Feliz. 5 units fastidiously maintained and close to shops, restaurants and the hub of not only Los Feliz Village attractions but equal distance to Sunset Junction, all reflected in the bonus of a high pedestrian score. Perfect for owner/user possibilities or long term hold. 4 of 5 units have been completely updated with appliances and modern materials. 4 parking garage spaces and one uncovered dedicated parking spot. Attractive ,with less than 16 GRM in Los Feliz area with upside potential of 20%. Kindly do not disturb tenants. Buyer to note that the 3 units in the back were built in 1959.

Listed by Allen Levoff | BRE #00593762 | Sotheby's International Realty
Co-listed by Michelle St. Clair | BRE #01449428 | Sotheby's International Realty
Last checked: 6 minutes ago | Last updated: April 19th, 2024 | Source CRMLS | DOM: 28
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,208
HOA Dues
$0/mo
Year built
1959
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24375065
City
Los Angeles
County
Los Angeles
Time on Site
30 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 7
  • # of Baths: 5
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $105,084
  • Gross Operating Income: $104,124
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1424 N Hoover St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Community
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Oven, Gas Range
Interior Features
  • Levels: One, Two
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Uncovered, Concrete, Garage Door Opener
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 5430032006
  • Year Built Source: Builder
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Sunset Blvd.
View more facts & features

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Sale History for 1424 N Hoover St

Last sold for $819,000 on July 23rd, 2014
  • April, 2024

  • Apr 2, 2024

    Date

    Active

    CRMLS: 24375065

    $1,988,000

    Price

  • July, 2014

  • Jul 23, 2014

    Date

    Sold (Public Records)

    Public Records

    $819,000

    Price

  • July, 1998

  • Jul 7, 1998

    Date

    Sold (Public Records)

    Public Records

    $200,000

    Price

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Tax History for 1424 N Hoover St

Assessed Value (2020): $900,027
Year Land Value Improved Value Assessed Value
2020 $538,478 $361,549 $900,027

Home Value Compared to the Market

This property vs the competition

1424 N Hoover St is listed 62.29% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $616.63 per/sqft which puts the price per square foot 20.33% lower than the median price per square foot for the city of Los Angeles.

About 1424 N Hoover St

Detailed summary of property

1424 N Hoover St is a multi family located in Los Angeles, CA 90027 and is currently for sale. This multi family property offers 35 bedrooms, 25 bathrooms, roughly 3,224 living square feet, and sits on an approximately 6,208 square foot lot. 1424 N Hoover St was first listed on ArdentRealEstateGroup.com on April 2, 2024. The homeowner is currently asking $1,988,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 62.29% higher than the median priced home. Local competing homes currently for sale include 3025 St George St, 801 N Alexandria Ave and 857 N La Fayette Park Pl. While the average home in Los Angeles, CA is selling in 96 days, 1424 N Hoover St has a days on market of 28 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1424 N Hoover St Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1424 N Hoover St

Public county record property details
Beds
6
Baths
5
Year built
1923
Sq. Ft.
3,224
Lot Size
6,205
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5430-032-006

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
84
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.