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2321 Hooper Ave, Los Angeles, CA 90011
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2321 Hooper Ave Los Angeles, CA 90011

$2,090,000
  • 1 Beds
  • 1 Baths
  • 6,494 Sq.Ft.
For Sale
$2,090,000 Get Pre-Qualified
Map preview of 2321 Hooper Ave, Los Angeles, CA 90011

Property Overview: 2321 Hooper Ave Los Angeles, CA has 1 bedrooms, 1 bathrooms, 6,494 living square feet and 11,456 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: Perfect for investment or 1031 Exchange building in a fast growing area of downtown LA. Great opportunity to own a huge upside potential 9 units mixed use income property, comprised of 3 retails, 1 single family house, and 5 one bedroom apts. Separate meters for gas and electric. Owner only pays for water bill of 5 one bedroom units. High cash flow property. Look for adress 2321-2331 Hooper & 1273-1275 E. 25th St. Huge corner lot. Property to be sold AS IS. Buyer to verify permits and room counts.

Listed by Chris Kee Um | BRE #01127787 | Omni Realty & Investment Group
Last checked: 4 minutes ago | Last updated: June 25th, 2024 | Source CRMLS | DOM: 7
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Home details

Lot Sq. Ft
11,456
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24404337
City
Los Angeles
County
Los Angeles
Time on Site
6 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $13,497
  • Total Rent: $13,497
  • Pro Forma/Market Rent: $17,406
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.6%
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: --
  • Net Operating Income: $117,884
  • Gross Operating Income: $161,964
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2321 Hooper Ave

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Property Details for 2321 Hooper Ave

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • Pool Features: Fenced
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
Property Information
  • Total # of Units: 9
  • Parcel Number: 5119025019
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: One block north of Adams Blvd, between Cental Ave/ Alameda St
View more facts & features

Local Los Angeles Agent

Sale History for 2321 Hooper Ave

Last sold for $950,000 on June 10th, 2005

  • June, 2024

  • Jun 24, 2024

    Date

    Active

    CRMLS: 24404337

    $2,090,000

    Price

  • December, 2017

  • Dec 2, 2017

    Date

    Canceled

    CRMLS: 17253858

    $2,100,000

    Price

  • Jul 21, 2017

    Date

    Active

    CRMLS: 17253858

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a Huge upside income property in downtown Los Angeles / USC area. 9 unit mixed use property with 3 retail, 1 single family house, and 5 one bedroom units. Separate meters for gas and electric. Easy to manage.

  • June, 2005

  • Jun 10, 2005

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

  • November, 2001

  • Nov 30, 2001

    Date

    Sold (Public Records)

    Public Records

    $250,000

    Price

Show More

Tax History for 2321 Hooper Ave

Assessed Value (2020): $1,210,820
Year Land Value Improved Value Assessed Value
2020 $828,458 $382,362 $1,210,820

Home Value Compared to the Market

This property vs the competition

2321 Hooper Ave is listed 69.09% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $321.84 per/sqft which puts the price per square foot 58.47% lower than the median price per square foot for the city of Los Angeles.

About 2321 Hooper Ave

Detailed summary of property

2321 Hooper Ave is a multi family located in Los Angeles, CA 90011 and is currently for sale. This multi family property offers 1 bedrooms, 1 bathrooms, roughly 6,494 living square feet, and sits on an approximately 11,456 square foot lot. 2321 Hooper Ave was first listed on ArdentRealEstateGroup.com on June 24, 2024. The homeowner is currently asking $2,090,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 69.09% higher than the median priced home. Local competing homes currently for sale include 324 W 51st St, 603 W 47th St and 240 E 60th St. While the average home in Los Angeles, CA is selling in 99 days, 2321 Hooper Ave has a days on market of 7 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 2321 Hooper Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2321 Hooper Ave

Public county record property details
Beds
2
Baths
1
Year built
1925
Sq. Ft.
6,494
Lot Size
11,464
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
40,41
APN
5119-025-019

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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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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