900 N Hoover St, Los Angeles, CA 90029
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900 N Hoover St Los Angeles, CA 90029

$3,595,000 Sold Price as of 05/06/2021
  • 12 Beds
  • 12 Baths
  • 7,662 Sq.Ft.
Sold
$3,595,000 Sold Price as of 05/06/2021 Refinance Your Mortgage

Map preview of 900 N Hoover St, Los Angeles, CA 90029

Property Overview: 900 N Hoover St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 7,662 living square feet and 6,510 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This trophy six-unit income property offering over a 5% CAP rate, 13.6 GRM and not subject to RSO, is ideally located just blocks from Sunset Junction in trendy Silver Lake. Originally constructed in 1926, then converted to apartments in 2013 and has since undergone a complete renovation with updated systems including roof, plumbing, electrical, and heating and air conditioning. The Sanctum Artiste is an exclusive offering featuring stylishly redesigned units. Each two-bedroom, two-bathroom loft-style unit maintains elements of historical features of stained-glass windows and hardwood floors. All kitchens and baths have been modernized with stainless steel appliances. Washer and dryer in each unit. Gated parking with 8 spots. Fully occupied and separately metered, this is a one-of-a-kind and rare opportunity, not to be missed.

Listed by Jonathan Mogharrabi | BRE #02009871 | The Agency
Co-listed by Marci Kays | BRE #01397539 | The Agency
Last checked: 2 minutes ago | Last updated: March 1st, 2024 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
6,510
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21684692
City
Los Angeles
County
Los Angeles
Time on Site
1200 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,900
  • Total Rent: $3,900
  • Pro Forma/Market Rent: $3,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,795
  • Total Rent: $3,795
  • Pro Forma/Market Rent: $3,795
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,195
  • Total Rent: $3,195
  • Pro Forma/Market Rent: $3,195
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $3,545
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,995
  • Total Rent: $3,995
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,195
  • Total Rent: $4,195
  • Pro Forma/Market Rent: $4,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.6
  • Gross Scheduled Income: --
  • Net Operating Income: $188,357
  • Gross Operating Income: $270,900
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 900 N Hoover St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Microwave, Refrigerator
Interior Features
  • Window Features: Stained Glass
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Gated
Property Information
  • Total # of Units: 6
  • Parcel Number: 5427004007
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: South of Santa Monica Blvd, East of Virgil Ave
View more facts & features

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Sale History for 900 N Hoover St

Last sold for $3,595,000 on May 6th, 2021
  • February, 2024

  • Feb 29, 2024

    Date

    Expired

    CRMLS: 23306945

    $4,995,000

    Price

  • Sep 1, 2023

    Date

    Active

    CRMLS: 23306945

    $5,495,000

    Price

  • Listing provided courtesy of CRMLS

    PLEASE DO NOT Contact Owners! Located in highly desirable Silver Lake, is this unique, one-of-a-kind true trophy six-unit income property. Known as the SanctumArtiste, the building was originally constructed as a church in1926 before being converted to apartments in 2013 (not subject to LA Rent Control), and has been completely remodeled and updated since. All the units are three level creative lofts with a perfect blend of vintage hardwood flooring and original stained glass windows mixed with sleek modern kitchens and baths. At varying sizes and layouts, they all contain two bedrooms and two bathrooms with soaring approximately 18' ceilings on the main floor. Within short distance to prime Sunset Junction and all its goods and services, the building is very attractive to high quality tenants. Other features include; gated parking with seven spaces, washers and dryers in all the units, central air and heat, and all units separately metered. Owner's also have a highly attractive assumable loan available at 3.39%, making the monthly payments just $8,859/mo, on a building bringing in over $25,000/mo in income! This is a very rare opportunity in an A+ location that is not to be missed!

  • May, 2021

  • May 7, 2021

    Date

    Sold

    CRMLS: 21684692

    $3,595,000

    Price

  • Apr 12, 2021

    Date

    Pending

    CRMLS: 21684692

    $3,695,000

    Price

  • Jan 25, 2021

    Date

    Active

    CRMLS: 21684692

    $3,695,000

    Price

  • November, 2020

  • Nov 22, 2020

    Date

    Expired

    CRMLS: 20598718

    $3,795,000

    Price

  • Aug 12, 2020

    Date

    Withdrawn

    CRMLS: 20598718

    $3,795,000

    Price

  • Jul 6, 2020

    Date

    Active

    CRMLS: 20598718

    $3,795,000

    Price

  • Listing provided courtesy of CRMLS

    The Sanctum Artiste is a unique 6 unit multifamily property located steps from famed Sunset Junction in Silver Lake. Originally constructed in 1926 as a church, the building was converted in 2013 to a boutique apartment community and is not currently subject to RSO. The property is comprised of six large 2+2, three story loft style units. Each unit features refinished original church floors, completely renovated kitchens and bathrooms with washer & dryers in each unit. The units feature original stained glass church windows, custom made lighting fixtures, cable, fiber-optic WiFi, new HVAC, new Samsung stainless steel appliances, quartz counter-tops, and unique spiral staircases.The building spans approximately 7,662 square feet, on a R3 zoned 6,510 square foot street to street lot. There is a total of eight (8) gated parking spaces. The Sanctum Artiste is located a few blocks from the best shops, bars, and eateries at Sunset Junction with easy proximity to DTLA, and Hollywood.

  • May, 2020

  • May 21, 2020

    Date

    Canceled

    CRMLS: 20542798

    $4,095,000

    Price

  • Jan 10, 2020

    Date

    Active

    CRMLS: 20542798

    $4,095,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT CONTACT SELLER - WILL BE RELISTED

  • August, 2019

  • Aug 17, 2019

    Date

    Leased

    CRMLS: 19486762

    $3,650

    Price

  • Jul 10, 2019

    Date

    Active

    CRMLS: 19486762

    $3,650

    Price

  • Listing provided courtesy of CRMLS

    Sanctum Artiste is a spectacular three story lofted apartment located near Sunset Junction! Once a former church, this incredibly unique property was previously converted into six apartments while maintaining some of the original features. Enter onto the middle level to find an open concept floor plan with stunning stained glass windows, hardwood floors & remodeled kitchen with quartz counters & new appliances. Each unit features a wrought iron chandelier & sconces which were custom designed & built for the property. Head downstairs to a large bedroom with soaring ceilings, walk-in closet and full bath. Upstairs, you will find a lofted bedroom with full bath, closet & washer/dryer. Each floor plan is unique & offers a multitude of options. Yoga/meditation room plus gated 1 car parking & pet friendly - no addt'l deposit! A few quick blocks from the best shops, bars & eateries at Sunset Junction and easy proximity to DTLA and Hollywood! As seen on ABC7 News!

  • July, 2019

  • Jul 9, 2019

    Date

    Canceled

    CRMLS: 19463756

    $3,995

    Price

  • May 8, 2019

    Date

    Active

    CRMLS: 19463756

    $3,995

    Price

  • Listing provided courtesy of CRMLS

    Ask about our July Special! Sanctum Artiste is a spectacular three story lofted apartment located near Sunset Junction! Once a former church, this incredibly unique property was previously converted into six apartments while maintaining some of the original features. Enter onto the middle level to find an open concept floor plan with stunning stained glass windows, hardwood floors & remodeled kitchen with quartz counters & new appliances. Each unit features a wrought iron chandelier & sconces which were custom designed & built for the property. Head downstairs to a large bedroom with soaring ceilings, walk-in closet and full bath. Upstairs, you will find a lofted bedroom with full bath, closet & washer/dryer. Each floor plan is unique & offers a multitude of options. Yoga/meditation room plus gated 1 car parking & pet friendly - no addt'l deposit! A few quick blocks from the best shops, bars & eateries at Sunset Junction and easy proximity to DTLA and Hollywood! As seen on ABC7 News!

  • June, 2019

  • Jun 28, 2019

    Date

    Leased

    CRMLS: 19446676

    $4,195

    Price

  • May 8, 2019

    Date

    Canceled

    CRMLS: 19446676

    $4,195

    Price

  • Mar 22, 2019

    Date

    Active

    CRMLS: 19446676

    $4,195

    Price

  • Listing provided courtesy of CRMLS

    Sanctum Artiste is a spectacular three story lofted apartment located near Sunset Junction! Once a former church, this incredibly unique property was previously converted into six apartments while maintaining some of the original features. Enter onto the middle level to find an open concept floor plan with stunning stained glass windows, hardwood floors and remodeled kitchen with quartz counters and new appliances. Each unit features a wrought iron chandelier and sconces which were custom designed and built for the property. Head downstairs to a large bedroom with soaring ceilings, walk-in closet and full bath. Upstairs, you will find a lofted bedroom with full bath, closet and washer/dryer. Each floor plan is unique and offers a multitude of options. The common area includes a yoga/meditation room plus gated 1 car parking. A few quick blocks from the best shops, bars and eateries at Sunset Junction and easy proximity to DTLA and Hollywood!

  • June, 2019

  • Jun 17, 2019

    Date

    Leased

    CRMLS: 19463738

    $3,295

    Price

  • Jun 13, 2019

    Date

    Pending

    CRMLS: 19463738

    $3,295

    Price

  • May 8, 2019

    Date

    Active

    CRMLS: 19463738

    $3,295

    Price

  • Listing provided courtesy of CRMLS

    Ask about our June Special! Sanctum Artiste is a spectacular three story lofted apartment located near Sunset Junction! Once a former church, this incredibly unique property was previously converted into six apartments while maintaining some of the original features. Enter onto the middle level to find an open concept floor plan with stunning stained glass windows, hardwood floors & remodeled kitchen with quartz counters & new appliances. Each unit features a wrought iron chandelier & sconces which were custom designed & built for the property. Head downstairs to a large bedroom with soaring ceilings, walk-in closet and full bath. Upstairs, you will find a lofted bedroom with full bath, closet & washer/dryer. Each floor plan is unique & offers a multitude of options. Yoga/meditation room plus gated 1 car parking & pet friendly - no addt'l deposit! A few quick blocks from the best shops, bars & eateries at Sunset Junction and easy proximity to DTLA and Hollywood! As seen on ABC7 News!

  • May, 2019

  • May 8, 2019

    Date

    Canceled

    CRMLS: 19455044

    $3,395

    Price

  • Apr 13, 2019

    Date

    Active

    CRMLS: 19455044

    $3,395

    Price

  • Listing provided courtesy of CRMLS

    Sanctum Artiste is a spectacular three story lofted apartment located near Sunset Junction! Once a former church, this incredibly unique property was previously converted into six apartments while maintaining some of the original features. Enter onto the middle level to find an open concept floor plan with stunning stained glass windows, hardwood floors and remodeled kitchen with quartz counters and new appliances. Each unit features a wrought iron chandelier and sconces which were custom designed and built for the property. Head downstairs to a large bedroom with soaring ceilings, walk-in closet and full bath. Upstairs, you will find a lofted bedroom with full bath, closet and washer/dryer. Each floor plan is unique and offers a multitude of options. The common area includes a yoga/meditation room plus gated 1 car parking. A few quick blocks from the best shops, bars and eateries at Sunset Junction and easy proximity to DTLA and Hollywood!

  • April, 2019

  • Apr 16, 2019

    Date

    Leased

    CRMLS: 19455906

    $3,795

    Price

  • Apr 16, 2019

    Date

    Pending

    CRMLS: 19455906

    --

    Price

  • Listing provided courtesy of CRMLS

    Sanctum Artiste is a spectacular three story lofted apartment located near Sunset Junction! Once a former church, this incredibly unique property was previously converted into six apartments while maintaining some of the original features. Enter onto the middle level to find an open concept floor plan with stunning stained glass windows, hardwood floors and remodeled kitchen with quartz counters and new appliances. Each unit features a wrought iron chandelier and sconces which were custom designed and built for the property. Head downstairs to a large bedroom with soaring ceilings, walk-in closet and full bath. Upstairs, you will find a lofted bedroom with full bath, closet and washer/dryer. Each floor plan is unique and offers a multitude of options. The common area includes a yoga/meditation room plus gated 1 car parking. A few quick blocks from the best shops, bars and eateries at Sunset Junction and easy proximity to DTLA and Hollywood!

  • April, 2019

  • Apr 12, 2019

    Date

    Leased

    CRMLS: 19446526

    $3,545

    Price

  • Mar 21, 2019

    Date

    Active

    CRMLS: 19446526

    $3,545

    Price

  • Listing provided courtesy of CRMLS

    Sanctum Artiste is a spectacular three story lofted apartment located near Sunset Junction! Once a former church, this incredibly unique property was previously converted into six apartments while maintaining some of the original features. Enter onto the middle level to find an open concept floor plan with stunning stained glass windows, hardwood floors and remodeled kitchen with quartz counters and new appliances. Each unit features a wrought iron chandelier and sconces which were custom designed and built for the property. Head downstairs to a large bedroom with soaring ceilings, walk-in closet and full bath. Upstairs, you will find a lofted bedroom with full bath, closet and washer/dryer. Each floor plan is unique and offers a multitude of options. The common area includes a yoga/meditation room plus gated 1 car parking. A few quick blocks from the best shops, bars and eateries at Sunset Junction and easy proximity to DTLA and Hollywood!

  • July, 2018

  • Jul 25, 2018

    Date

    Sold

    CRMLS: SR17264376

    $2,600,000

    Price

  • Jul 16, 2018

    Date

    Pending

    CRMLS: SR17264376

    $2,895,000

    Price

  • May 23, 2018

    Date

    Active Under Contract

    CRMLS: SR17264376

    $2,895,000

    Price

  • Feb 27, 2018

    Date

    Price Change

    CRMLS: SR17264376

    $2,895,000

    Price

  • Nov 27, 2017

    Date

    Active

    CRMLS: SR17264376

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    The Sanctum Artiste – originally a church and synagogue located in Silver Lake, Los Angeles now thrives as a non-rent controlled boutique apartment community comprised of six (6) two-bedroom / two-bath townhouse + loft-style units, with a total building square footage of roughly 7,662 square feet. Originally constructed in 1926 as a place of worship, The Sanctum Artiste was granted a new certificate of occupancy in 2013. The property sits on an R3 lot totaling roughly 6,510 sq., ft. Parking includes (8) gated parking spaces.While the exterior pays homage to the past, the interiors have been completely updated to include cable ready units, fiberoptic WiFi, central heat and A.C., redesigned kitchens, stainless steel appliances, granite countertops, microwaves, dishwashers and beautiful spiral staircases connecting each floor of the units. 900 North Hoover Street is located in the heart of Silver Lake and only 2 blocks from Los Angeles’s historic Sunset Junction, which is a major draw for dining, entertainment, and nightlife. The Sanctum Artiste is centrally located just south of Santa Monica Blvd. and a few blocks West of Sunset, at the corner of Burns Ave. and Hoover St., on a quiet residential tree lined street, consisting of well-maintained single-family homes and apartment communities.

  • July, 2018

  • Jul 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,600,000

    Price

  • September, 2014

  • Sep 26, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 900 N Hoover St

Assessed Value (2020): $2,652,000
Year Land Value Improved Value Assessed Value
2020 $1,224,000 $1,428,000 $2,652,000

Home Value Compared to the Market

This property vs the competition

900 N Hoover St sold on May 6, 2021 for 210.5% 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 $482.25 per/sqft which puts the price per square foot 36.13% lower than the current median sale per square foot for the city of Los Angeles.

About 900 N Hoover St

Detailed summary of property

900 N Hoover St is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 7,662 living square feet, and sits on an approximately 6,510 square foot lot. 900 N Hoover St was first listed on ArdentRealEstateGroup.com on January 26, 2021. The homeowner sold the property for $3,595,000. 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 210.5% higher than the current median priced home. Local homes that are currently for sale include 1214 N Kingsley Dr, 1405 N Normandie Ave and 136 N Rampart Blvd. While the average home in Los Angeles, CA is selling in 93 days, 900 N Hoover St has a days on market of 58 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 900 N Hoover St Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 900 N Hoover St

Public county record property details
Beds
6
Baths
12
Year built
1926
Sq. Ft.
7,662
Lot Size
6,510
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5427-004-007

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,195,000
Median List Price/Sq.Ft.
$802
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
34
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 900 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.