676 N Hoover St, Los Angeles, CA 90004
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676 N Hoover St Los Angeles, CA 90004

$1,140,000 Sold Price as of 06/25/2019
  • 4 Beds
  • 4 Baths
  • 1,968 Sq.Ft.
Sold
$1,140,000 Sold Price as of 06/25/2019 Refinance Your Mortgage

Map preview of 676 N Hoover St, Los Angeles, CA 90004

Property Overview: 676 N Hoover St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,968 living square feet and 6,392 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This FOUR UNIT property is the ideal residential investment opportunity located in prime location. The units are located close to downtown and highly desirable rental market. The complex consists of 1986 sqft of living space, with a lot size of 6392SF. Each unit consist of one bedroom and one bath. This has three of the units occupied and one vacant unit ready to rent. This property also offers a total of seven storage units with one bathroom included. Five units are currently rented and make supplement income. This is a great opportunity that no investor should pass on.

Listed by Polly Watts | BRE #00895696 | Polly Watts
Co-listed by Jimmy Castro | BRE #01853469 | Maxim Properties
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
6,392
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19427924
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,523
  • Total Rent: $1,523
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,951
  • Total Rent: $1,951
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,461
  • Total Rent: $1,461
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 5
  • # of Units: 7
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Actual Rent: $1,829
  • Total Rent: $1,829
  • Pro Forma/Market Rent: $3,150
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 9
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $308,984
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 676 N Hoover St

Interior Features
Room Information
  • Flooring: Vinyl
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Microwave
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Other
Lot Information
  • Lot Features: Sprinkler System
  • Lot Size Source: Appraiser
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5401002020
  • Architectural Style: Traditional
  • Foundation Details: Raised
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Not in a Development (Not in a Development)
  • Other Subdivision Name: Not in a Development (Not in a Developme
  • Directions: Head east on Santa Monica Blvd and take a left on N Hoover St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

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Sale History for 676 N Hoover St

Last sold for $1,115,000 on June 25th, 2019
  • June, 2019

  • Jun 26, 2019

    Date

    Sold

    CRMLS: 19427924

    $1,140,000

    Price

  • Apr 10, 2019

    Date

    Pending

    CRMLS: 19427924

    $1,199,800

    Price

  • Mar 21, 2019

    Date

    Price Change

    CRMLS: 19427924

    $1,199,800

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: 19427924

    $1,200,000

    Price

  • Feb 6, 2019

    Date

    Pending

    CRMLS: 19427924

    $1,200,000

    Price

  • Jan 26, 2019

    Date

    Active

    CRMLS: 19427924

    $1,200,000

    Price

  • June, 2019

  • Jun 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,115,000

    Price

  • April, 2018

  • Apr 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $406,100

    Price

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Tax History for 676 N Hoover St

Assessed Value (2020): $1,137,300
Year Land Value Improved Value Assessed Value
2020 $836,400 $300,900 $1,137,300

Home Value Compared to the Market

This property vs the competition

676 N Hoover St sold on June 25, 2019 for 7.12% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $609.65 per/sqft which puts the price per square foot 15.79% lower than the current median sale per square foot for the city of Los Angeles.

About 676 N Hoover St

Detailed summary of property

676 N Hoover St is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 1,968 living square feet, and sits on an approximately 6,392 square foot lot. 676 N Hoover St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,140,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.12% higher than the current median priced home. Local homes that are currently for sale include 4919 Lexington Ave, 426 N Normandie Ave and 1309 N Coronado St. While the average home in Los Angeles, CA is selling in 106 days, 676 N Hoover St has a days on market of 37 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 676 N 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 676 N Hoover St

Public county record property details
Beds
4
Baths
5
Year built
1922
Sq. Ft.
1,968
Lot Size
6,392
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5401-002-020

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
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 676 N Hoover St

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.