225 S Hoover Street

About This Property

Rare development opportunity. Calling to all investors, builders & developers.There is a 4 existing units in the front of the property fully occupied, and RTI ready to pull permits and start construction of new detached 4 units. All 4 bedrooms & 3 bathrooms with central A/C and inside laundry unit.You can start building your new 4 units by meantime receiving the rent income from the front units. This unique Project is ideally located just minutes from the vibrant Wilshire corridor, L.A. Downtown, Hollywood Griffith park, Observatory.Outstanding rental district.

Unit Mix

2 units · 2bd / 1ba
2 units · 1bd / 1ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Listing courtesy of Coldwell Banker Realty

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,699,000

Est. Monthly Payment

$10,856/mo

20% down · 6.5% rate · 30yr

Run the Numbers

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Listing Agent

Laura Markosian

Coldwell Banker Realty