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2507 Hooper, Los Angeles, CA 90011
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2507 Hooper Los Angeles, CA 90011

$850,000
  • 8 Beds
  • 4 Baths
  • 2,226 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified
Map preview of 2507 Hooper, Los Angeles, CA 90011

Property Overview: 2507 Hooper Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,226 living square feet and 5,837 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: Don't miss out on this fantastic opportunity to own a lucrative income-generating property in Los Angeles, CA! This quadruplex offers FOUR TENANT-OCCUPIED UNITS and a LEASED CORNER LOT with convenient access to desirable amenities. Situated near USC, public transportation, Crypto.com Arena, BMO Stadium, The Flower District, and the LA Convention Center, this property is perfect for investors looking to capitalize on the thriving rental market in the area. The buyer will have the advantage of acquiring the property with all units already tenant occupied, ensuring immediate returns on investment. Don't let this prime investment slip away - seize the chance to own this profitable quadruplex in a prime location in Los Angeles!!

Listed by Alexandria Macias | BRE #02099501 | Crown Mortgage + Real Estate
Co-listed by Vanessa Alvarez | BRE #01833703 | Crown Mortgage + Real Estate
Last checked: 14 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 86
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Home details

Lot Sq. Ft
5,837
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
IG24032831
City
Los Angeles
County
Los Angeles
Time on Site
92 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: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $960
  • Total Rent: $960
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $45,720
  • Net Operating Income: $1
  • Gross Operating Income: --
  • Other Income Description: $800 MO. Leased Parking
Annual Expense Breakdown
  • Total Operating Expense: $1
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1
  • Insurance: $1
  • Water/Sewer: $1

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Property Details for 2507 Hooper

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Gas Oven, Gas Range
Interior Features
  • Formica Counters
  • Levels: Two
  • Security Features: Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Rain Gutters
  • Has Fence
  • Block, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: Street
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5119023001
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • 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: Between E Adams and E 25th St on Hooper Ave
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 2507 Hooper

View property's historical transactions

  • February, 2024

  • Feb 17, 2024

    Date

    Active

    CRMLS: IG24032831

    $950,000

    Price

Tax History for 2507 Hooper

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

2507 Hooper is listed 32% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $381.85 per/sqft which puts the price per square foot 50.86% lower than the median price per square foot for the city of Los Angeles.

About 2507 Hooper

Detailed summary of property

2507 Hooper is a fourplex located in Los Angeles, CA 90011 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 2,226 living square feet, and sits on an approximately 5,837 square foot lot. 2507 Hooper was first listed on ArdentRealEstateGroup.com on February 18, 2024. The homeowner is currently asking $850,000 and was originally asking $950,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 32% lower than the median priced home. Local competing homes currently for sale include 935 E 32nd St, 914 E Martin Luther King Jr Blvd and 718 E 27th St. While the average home in Los Angeles, CA is selling in 92 days, 2507 Hooper has a days on market of 86 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2507 Hooper 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 2507 Hooper

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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Recently Sold Homes Near 2507 Hooper

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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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