830 S Hoover St Los Angeles, CA 90005

$1,225,012 Sold Price as of 05/14/2014

6 Beds
5 Baths
8,080 Sq.Ft.

Off Market

$1,225,012 Sold Price as of 05/14/2014 Refinance Your Mortgage

Map preview of 830 S Hoover St, Los Angeles, CA 90005

Property Overview: 830 S Hoover St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 8,080 living square feet and 6,307 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

830 S Hoover St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 830 S Hoover St

Last sold for $1,225,012 on May 14th, 2014

August, 2024
Aug 31, 2024

Date

Expired

CRMLS: 24419787

$4,300,000

Price
Jul 25, 2024

Date

Active

CRMLS: 24419787

$4,495,000

Price
Listing provided courtesy of CRMLS

Presenting two adjacent properties -one commercial and one residential single family house- C2 zoning. These properties encompass a total of 10,552 square feet on a combined 11,313 square foot lot and are situated between Downtown Los Angeles and Koreatown. The sale includes two side by side parcels: APN: 5141-026-007 and APN: 5141-026-008 . Property 1 features a 6-unit commercial space off of Hoover Street with a 4-unit multi-family use code, current residential units accessible from Coronado Street while Property 2 at 840 S Hoover is designated as a single-family residence (a 2,472 SF building on a 5,006 SF lot) could be demolished to create a parking lot with space for 20 vehicles, in addition to the 5 parking spaces available at 830 S Hoover St. This opportunity is in a high-visibility area within an Opportunity Zone, Tier 3, and benefits from significant exposure. Located on the bustling Hoover St, the properties are just minutes from Downtown Los Angeles, Koreatown, USC, and major freeways (10, 101, and 110). The neighboring area is currently undergoing multi-family construction.

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July, 2024
Jul 18, 2024

Date

Canceled

CRMLS: 24396749

$3,200,000

Price
May 27, 2024

Date

Active

CRMLS: 24396749

$3,200,000

Price
Listing provided courtesy of CRMLS

Seller is motivated. Mixed-use property. Retail stores and apartment units. Parking is in the back.

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April, 2024
Apr 1, 2024

Date

Expired

CRMLS: 23342523

$1,500

Price
Jan 2, 2024

Date

Active

CRMLS: 23342523

$5,300

Price
Listing provided courtesy of CRMLS

800 Sqft to 2,650 Sqft of Leasable Area on the 2nd floor with open floor plan is in the area between Los Angeles Downtown and Koreatown. It features C2 Zoning and high visibility. The properties are located on the major busy street, Hoover St, and within minutes distance to LA Downtown, Koreatown, USC and Fwy 10, 101 and 110. The right next door property is under a new Multi-Family construction. Two units on the 1st Floor are available as well; Each space is with 800 Sqft at $1,900.

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April, 2024
Apr 1, 2024

Date

Expired

CRMLS: 24342689

$2,000

Price
Jan 2, 2024

Date

Active

CRMLS: 24342689

$2,100

Price
Listing provided courtesy of CRMLS

800 Sqft of Leasable Area on the 1st floor in the area between Los Angeles Downtown and Koreatown. It features C2 Zoning and high visibility. The properties are located on the major busy street, Hoover St, and within minutes distance to LA Downtown, Koreatown, USC and Fwy 10, 101 and 110. The right next door property is under a new Multi-Family construction. One more unit on the 1st Floor and 2,650 Sqft of 2nd Floor Unit are available as well.

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September, 2022
Sep 22, 2022

Date

Active

CRMLS: 22202233

$4,520,000

Price
Listing provided courtesy of CRMLS

This property should be sold together with 840 S Hoover St, which is adjacent to the 830 S Hoover St. These properties with 10,552 SF of Leasable Area on 11,313 SF of Lot in total are located at the area between LA Downtown and Koreatown. 840 S Hoover St (2,472 SF of Building on 5,006 SF of Lot) can be demolished to be used as a Parking Lot with 20 parking spaces besides the 5 parking spaces at 830 S Hoover St. It is a great investment with Projected GOI of $236,892 and Cap 4.2%. The properties with great potential should be sold together. It features C2 Zoning and Opportunity Zone with Tier 3 and high visibility. The properties are located on the major busy street, Hoover St, and within minutes distance to LA Downtown, Koreatown, USC and Fwy 10, 101 and 110. The right next door property is under a new Multi-Family construction. The properties to be sold as-is condition. Click on the Doc (s) for more information.

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February, 2022
Feb 23, 2022

Date

Active

CRMLS: 22131461

$4,650,000

Price
Listing provided courtesy of CRMLS

This prime Investment/Development deliver a great as an Income property or redevelop Commercial/Multifamily property since the zoning C-2 and lot size 11,313 SF adjoining two commercial lots within an Opportunity Zone with TOC Tier 3.

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November, 2021
Nov 12, 2021

Date

Active

CRMLS: 21104851

$2,690,000

Price
Listing provided courtesy of CRMLS

We are please to present 10 unit Mixed-Use Commercial building located in Prime Koreatown. 3 out of 6 commercial units are occupied and receiving rents and 3 units are vacant due to seller trying to sell the property. NOI and CAP accounted for the 3 vacant units being rented out at market rent. Zoned C2 and Located within an Opportunity Zone and TOC Tier 3 makes this deal great for redevelopment.

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December, 2019
Dec 20, 2019

Date

Active

CRMLS: 19538468

$2,950,000

Price
Listing provided courtesy of CRMLS

This property has 4 Unit apartment and 4 business tenants. Total monthly rental income is $13,500. There are new building concept up to 4th floor.Any questions ?, please contact to Thomas Kim, 213-272-9242.

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June, 2019
Jun 24, 2019

Date

Canceled

CRMLS: 19468800

$1,700

Price
May 21, 2019

Date

Active

CRMLS: 19468800

$1,700

Price
Listing provided courtesy of CRMLS

800 sqft to be leased. In unit bathroom. call or text for showing appointments 213-447-0724

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November, 2017
Nov 1, 2017

Date

Expired

CRMLS: PW17031752

$2,750,000

Price
Aug 14, 2017

Date

Withdrawn

CRMLS: PW17031752

$2,750,000

Price
Mar 6, 2017

Date

Price Change

CRMLS: PW17031752

$2,750,000

Price
Mar 5, 2017

Date

Price Change

CRMLS: PW17031752

$2,690,000

Price
Feb 15, 2017

Date

Active

CRMLS: PW17031752

$2,790,000

Price
Listing provided courtesy of CRMLS

THE SUBJECT PROPERTY IS CURRENTLY RENTED OUT WITH 4 RETAIL STORES AND 4 RESIDENTIAL UNITS AND OPPORTUNITY IDEALLY LOCATED JUST WEST OF THE SIGNALIZED INTERSECTION OF 8TH STREET AND HOOVER STREET, ADJACENT TO KOREATOWN AND DOWNTOWN. 830 S. HOOVER CONSISTS MULTI-TENANT STOREFRONT RETAIL SITUATED. THE SUBJECT PROPERTY IS CURRENTLY OCCUPIED (1 UNIT VACANT FOR LEASE AT $1,600). THIS ALLOWS AN INVESTOR TO REALIZE TREMENDOUS IMMEDIATE UPSIDE IN RAISING RENTS TO MARKET LEVELS AND CONVERTING THE LEASES TO NNN. THE SUBJECT PROPERTY BENEFITS FROM EXCELLENT FRONTAGE ALONG HOOVER STREET AND 8TH STREET. THERE IS HEAVY FOOT TRAFFIC IN THE AREA AND THE PROPERTY IS LOCATED ON A RETAIL HEAVY CORRIDOR WITH PLENTY OF LOCAL AMENITIES.

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May, 2014
May 14, 2014

Date

Sold (Public Records)

Public Records

$1,225,012

Price
November, 2010
Nov 19, 2010

Date

Sold (Public Records)

Public Records

$650,006

Price

Tax History for 830 S Hoover St

Assessed Value (2020): $1,373,092

Year	Land Value	Improved Value	Assessed Value
2020	$874,296	$498,796	$1,373,092

About 830 S Hoover St

Detailed summary of property

830 S Hoover St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90005 and last sold on May 14, 2014 for $1,225,012. This property has 6 bedrooms, 5 bathrooms, roughly 8,080 living square feet, and sits on an approximately 6,307 square foot lot. Homes 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 9.38% higher than the current median priced home. 830 S Hoover St was last sold on May 14, 2014 for $1,225,012. Local nearby listings include 421 S La Fayette Park Pl #709, 421 S La Fayette Park Pl #607 and 421 S La Fayette Park Pl #720. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 830 S Hoover St Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 830 S Hoover St

Public county record property details

Beds: 6
Baths: 5
Year built: 1966
Sq. Ft.: 8,080
Lot Size: 6,307
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 111
APN: 5141-026-007

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$868,000

Median List Price/Sq.Ft.

$655

Median Sold Price

$695,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

92.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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