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1517 N Hoover St, Los Angeles, CA 90027
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1517 N Hoover St Los Angeles, CA 90027

$1,920,000 Sold Price as of 10/27/2021
  • 12 Beds
  • 8 Baths
  • 3,780 Sq.Ft.
Sold
$1,920,000 Sold Price as of 10/27/2021 Refinance Your Mortgage
Map preview of 1517 N Hoover St, Los Angeles, CA 90027

Property Overview: 1517 N Hoover St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 3,780 living square feet and 6,918 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: First time on the market for sale since 2000. Welcome to this 1988 built fourplex in Los Feliz - truly pride of ownership! On a beautiful tree-lined street, close to where Sunset and Hollywood Boulevards meet, yet sits on a quiet residential street, this modern 4-plex has wonderful views of the Los Feliz hills. Each unit has 3 bedrooms and 2 full bathrooms. All units are individually metered for both gas and electricity. One possible unit to be owner occupied - nice to see rental income helps mortgage payment! Location, Location, Location! Conveniently located to Downtown LA, Hollywood, Glendale, Burbank; easy access to University of Southern California (USC) and University of California-Los Angeles (UCLA); The Prospect Studios, American Film Institute, Los Angeles Film School and several major film studios are nearby; walking distance to Kaiser Permanente, Children's Hospital Los Angeles and Hollywood Presbyterian Medical Center. Just a few blocks to trendy restaurants, shopping, museums, theaters and recreation parks. Wonderful Los Feliz location! Please do not disturb residents! Drive-by only, contact the listing agent before walking onto the property. Listing agent has partial ownership of the property.

Listed by Julia Kuleck | BRE #01445365 | Windem Real Estate
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 116

Home details

Lot Sq. Ft
6,918
HOA Dues
$0/mo
Year built
1988
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
OC21119406
City
Los Angeles
County
Los Angeles
Time on Site
1070 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $31,800
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $33,000
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,575
  • Total Rent: $30,900
  • Pro Forma/Market Rent: $2,975
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,170
  • Total Rent: $26,040
  • Pro Forma/Market Rent: $2,975
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $121,740
  • Net Operating Income: $96,500
  • Gross Operating Income: --
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $25,240
  • New Taxes: $6,965
  • Trash: $0
  • Insurance: $2,091
  • Water/Sewer: $2,534

Property Details for 1517 N Hoover St

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen, Living Room, Master Bathroom, Master Bedroom
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Gas Water Heater
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Hills
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5542008021
  • Year Built Source: Assessor
  • Architectural Style: Modern
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of N Hoover St and Sunset Dr
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1517 N Hoover St

Last sold for $1,920,000 on October 27th, 2021

  • September, 2021

  • Sep 28, 2021

    Date

    Pending

    CRMLS: OC21119406

    $1,980,000

    Price

  • Sep 1, 2021

    Date

    Price Change

    CRMLS: OC21119406

    $1,980,000

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: OC21119406

    $2,100,000

    Price

  • September, 1999

  • Sep 29, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 1999

  • Feb 3, 1999

    Date

    Sold (Public Records)

    Public Records

    $40,000

    Price

Show More

Tax History for 1517 N Hoover St

Assessed Value (2020): $535,312
Year Land Value Improved Value Assessed Value
2020 $292,532 $242,780 $535,312

Home Value Compared to the Market

This property vs the competition

1517 N Hoover St sold on October 27, 2021 for 66.39% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $523.81 per/sqft which puts the price per square foot 30.62% lower than the current median sale per square foot for the city of Los Angeles.

About 1517 N Hoover St

Detailed summary of property

1517 N Hoover St is a fourplex that recently sold in Los Angeles, CA 90027. This fourplex offered 12 bedrooms, 8 bathrooms, roughly 3,780 living square feet, and sits on an approximately 6,918 square foot lot. 1517 N Hoover St was first listed on ArdentRealEstateGroup.com on June 3, 2021. The homeowner sold the property for $1,920,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 66.39% higher than the current median priced home. Local homes that are currently for sale include 833 N Vendome St, 801 N Alexandria Ave and 857 N La Fayette Park Pl. While the average home in Los Angeles, CA is selling in 94 days, 1517 N Hoover St has a days on market of 116 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1517 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 1517 N Hoover St

Public county record property details
Beds
12
Baths
8
Year built
1988
Sq. Ft.
3,780
Lot Size
6,918
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
70
APN
5542-008-021

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.
$932
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%)

Thinking of Selling?

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(714) 706-1823

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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.

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