830 S Hoover St, Los Angeles, CA 90005

$2,450,000
6
BD
10
BA
8,080
SqFt

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List Price
$2,450,000
Price Change
▲ $100,500 1789688367
MLS#
26821883
Year Built
1966
Bedrooms
6
Bathrooms
10
Living Sq. Ft
8,080
Lot Size
6,310
Days on Market
150
Property Type
Multifamily

Property Description

Unique and rare opportunity in the heart of Koreatown ideal for owner-users, investors, and developers! 830 S Hoover Street is listed at $2,495,000 and features a 6-unit commercial building in the front (with 2 units currently vacant perfect for an owner-user) and a 4-unit residential building in the rear, with separate rear access. The property offers 8,080 SF of interior space on a combined lot size of 11,314 SF, which includes the adjacent parcel at 840 S Hoover Street (off-market, offered at $1.7M). Both parcels are zoned C2 with TOC Tier 3, allowing for increased density, mixed-use, or multifamily development (buyer to verify with the City). Properties can be developed together or 840 can serve as a dedicated parking lot for 830. This versatile site is perfect for medical, dental, acupuncture, retail, salon, barbershop, car dealership, executive office, or creative studio. Located in a high-traffic Koreatown corridor, minutes from DTLA, major transit, and amenities. So much potential and upside! Drive-by only do not disturb tenants. Property to be sold as-is. Buyer to conduct their own due diligence. Submit offers with proof of funds. Contact listing agent for full details.

Additional Information

Association Amenities
None
Other Buildings
None
Heat
Natural Gas
Cooling
Window Unit(s), Central
Number of Cars in Garage
Assigned

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Calculator source: Real Geeks

Courtesy of Christie's International Real Estate SoCal, John C. Pak - CA DRE#01898649

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