971 S Hoover St Los Angeles, CA 90006

$1,450,000 Sold Price as of 11/22/2016

3 Beds
4 Baths
3,875 Sq.Ft.

Off Market

$1,450,000 Sold Price as of 11/22/2016 Refinance Your Mortgage

Map preview of 971 S Hoover St, Los Angeles, CA 90006

Property Overview: 971 S Hoover St Los Angeles, CA has 3 bedrooms, 4 bathrooms, 3,875 living square feet and 9,463 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

971 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 $768. 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 971 S Hoover St

Last sold for $1,450,000 on November 22nd, 2016

May, 2021
May 6, 2021

Date

Expired

CRMLS: 20576286

$3,690,000

Price
Dec 8, 2020

Date

Withdrawn

CRMLS: 20576286

$3,690,000

Price
Nov 5, 2020

Date

Price Change

CRMLS: 20576286

$3,690,000

Price
Nov 5, 2020

Date

Active

CRMLS: 20576286

$3,890,000

Price
Aug 3, 2020

Date

Active Under Contract

CRMLS: 20576286

$3,890,000

Price
Jul 6, 2020

Date

Active

CRMLS: 20576286

$3,890,000

Price
Jul 6, 2020

Date

Withdrawn

CRMLS: 20576286

$3,890,000

Price
Jun 8, 2020

Date

Price Change

CRMLS: 20576286

$3,890,000

Price
Jun 3, 2020

Date

Withdrawn

CRMLS: 20576286

$3,990,000

Price
May 6, 2020

Date

Active

CRMLS: 20576286

$3,990,000

Price
Listing provided courtesy of CRMLS

BUY AND BUILD. NON RENT CONTROLLED*. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION.DELIVERED VACANT. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE. *4 units are affordable. 35 units are NON RENT CONTROLLED. All rent amounts are estimated projections.

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May, 2021
May 2, 2021

Date

Expired

CRMLS: 20655904

$3,690,000

Price
Dec 8, 2020

Date

Withdrawn

CRMLS: 20655904

$3,690,000

Price
Nov 5, 2020

Date

Active

CRMLS: 20655904

$3,690,000

Price
Listing provided courtesy of CRMLS

BUY AND BUILD. NON RENT CONTROLLED*. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION.DELIVERED VACANT. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE. *4 units are affordable. 35 units are NON RENT CONTROLLED. All rent amounts are estimated projections.

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November, 2016
Nov 22, 2016

Date

Sold (Public Records)

Public Records

$1,450,000

Price
January, 2004
Jan 6, 2004

Date

Sold (Public Records)

Public Records

$500,000

Price

Tax History for 971 S Hoover St

Assessed Value (2020): $1,538,751

Year	Land Value	Improved Value	Assessed Value
2020	$1,231,001	$307,750	$1,538,751

About 971 S Hoover St

Detailed summary of property

971 S Hoover St is a single family home in Los Angeles, CA 90006 and last sold on November 22, 2016 for $1,450,000. This house has 3 bedrooms, 4 bathrooms, roughly 3,875 living square feet, and sits on an approximately 9,463 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 29.46% higher than the current median priced home. 971 S Hoover St was last sold on November 22, 2016 for $1,450,000. Local nearby listings include 1045 S Union Ave, 1619 W 14th St and 1520 S New Hampshire Ave. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 971 S Hoover St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 971 S Hoover St

Public county record property details

Beds: 3
Baths: 4
Year built: 1907
Sq. Ft.: 3,875
Lot Size: 9,463
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 6,7
APN: 5076-006-007

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$598

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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(714) 706-1823

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