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225 S Hoover St, Los Angeles, CA 90004
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225 S Hoover St Los Angeles, CA 90004

$1,600,000 Sold Price as of 06/29/2021
  • 6 Beds
  • 4 Baths
  • 2,832 Sq.Ft.
Sold
$1,600,000 Sold Price as of 06/29/2021 Refinance Your Mortgage
Map preview of 225 S Hoover St, Los Angeles, CA 90004

Property Overview: 225 S Hoover St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,832 living square feet and 7,985 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well maintained upgraded 4 unit income property in the Silver Lake area close to the Heart of K-Town, situated on a generous sized lot. This fourplex offers: two (2), 2bedroom 1bath unit & two (2), 1bedroom 1bath with strong rental income. These units offer a great spacious and open floor plan, updated paint, .remodeled bathrooms, remodeled kitchen, new flooring, and recessed lighting .

Listed by Araksya Keshishyan | BRE #01720802 | Rodeo Realty
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,985
HOA Dues
$0/mo
Year built
1948
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
SR21090516
City
Los Angeles
County
Los Angeles
Time on Site
1095 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $103,800
  • Net Operating Income: $9,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,000
  • Electric: $500
  • Gas/Fuel: $200
  • New Taxes: $350
  • Trash: $200
  • Insurance: $120
  • Professional Management: $0
  • Water/Sewer: $500

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 225 S Hoover St

Interior Features
Laundry Information
  • Has Laundry
  • Dryer Included, In Kitchen, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Vinyl
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Barbecue Private
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Detached Carport
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5501019011
  • Year Built Source: Other
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: towards CA-2N / Alvarado ST to Hoover
Neighborhood Information
  • Community Features: Biking, Dog Park, Sidewalks, Street Lights, Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 225 S Hoover St

Last sold for $1,600,000 on June 29th, 2021

  • July, 2021

  • Jul 30, 2021

    Date

    Price Change

    CRMLS: SB21153853

    $2,450

    Price

  • Jul 14, 2021

    Date

    Active

    CRMLS: SB21153853

    $2,550

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your new LA home. Prime Location close to Downtown LA, 6 minutes from Silver Lake and Echo Park. This 2 Bedroom 1 Bathroom Lower Level unit was recently renovated and welcomes you into a well flowing floorplan. This unit also offers a section for dining. Your own Detached One Car Garage, In-Unit Washer and Dryer (Included), and gated all around. You won't find one with all these amenities in this prime location. Water is paid by owner.

  • July, 2021

  • Jul 14, 2021

    Date

    Active

    CRMLS: SB21153961

    $1,875

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your new LA home. Prime Location close to Downtown LA, 6 minutes from Silver Lake and Echo Park. This 1 Bedroom 1 Bathroom Lower Level unit was recently renovated and welcomes you into a well flowing floorplan. This unit also offers a section for dining. Your own Detached One Car Garage, In-Unit Washer and Dryer (Included), and gated all around. You won't find one with all these amenities in this prime location. Water is paid by owner.

  • June, 2021

  • Jun 30, 2021

    Date

    Sold

    CRMLS: SR21090516

    $1,600,000

    Price

  • May 25, 2021

    Date

    Active Under Contract

    CRMLS: SR21090516

    $1,550,000

    Price

  • Apr 30, 2021

    Date

    Active

    CRMLS: SR21090516

    $1,550,000

    Price

  • October, 2002

  • Oct 29, 2002

    Date

    Sold (Public Records)

    Public Records

    $367,000

    Price

  • August, 2001

  • Aug 2, 2001

    Date

    Sold (Public Records)

    Public Records

    $282,500

    Price

Show More

Tax History for 225 S Hoover St

Assessed Value (2020): $486,007
Year Land Value Improved Value Assessed Value
2020 $264,856 $221,151 $486,007

Home Value Compared to the Market

This property vs the competition

225 S Hoover St sold on June 29, 2021 for 30.25% 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 $547.32 per/sqft which puts the price per square foot 27.51% lower than the current median sale per square foot for the city of Los Angeles.

About 225 S Hoover St

Detailed summary of property

225 S Hoover St is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,832 living square feet, and sits on an approximately 7,985 square foot lot. 225 S Hoover St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,600,000. 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 30.25% higher than the current median priced home. Local homes that are currently for sale include 307 S Burlington Ave, 4332 Lockwood Ave and 1136 Arapahoe St. While the average home in Los Angeles, CA is selling in 93 days, 225 S Hoover St has a days on market of 12 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 225 S Hoover St Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 225 S Hoover St

Public county record property details
Beds
4
Baths
4
Year built
1948
Sq. Ft.
2,896
Lot Size
7,984
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5501-019-011

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,388,000
Median List Price/Sq.Ft.
$810
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
65
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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