#PW24186182, Mary De Leon, Listing Office: Hafa Adai Properties
$10,000
closing credit¹
220 N Hoover St Los Angeles, CA 90004
Property details
About 220 N Hoover St
Nestled within the vibrant hills of Echo Park, this distinctive 6-unit building presents an enticing opportunity for both homeowners and investors, boasting captivating vistas of the Downtown Skyline. With a total of 15 bedrooms, 11 bathrooms, and 4150 sq ft of living space, this expansive property is a rare gem, offering a desirable cap rate exceeding 5%. The unit breakdown includes two units featuring 2 bedrooms and 1 bath each, two additional units offering 2 bedrooms and 2 baths each, one unit comprising 3 bedrooms and 2 baths, and a back house unit providing 4 bedrooms and 3 baths. Each unit showcases generous kitchens with an inviting open layout. Recently renovated, the property boasts new flooring, kitchens, bathrooms, fixtures, recessed lighting, appliances, and fresh paint throughout, ensuring modern comfort and style. With separate electrical meters for each unit and parking available for some, this investment promises ample cash flow. Ideally located just minutes away from Downtown Los Angeles, Silver Lake, and Koreatown, residents enjoy easy access to a plethora of amenities and attractions, including Dodger Stadium and the scenic trails of Elysian Park. Enhancing convenience, the complex is gated, while ample parking is provided at the rear of the property. With nearby parks and entertainment options, this dynamic neighborhood offers endless opportunities for leisure and exploration.
Highlights
Summary
- MLS Number: PW24067859
- MLS Name: CRMLS
- Office Name: Bricxone Realty, Inc.
- Office Phone: (714) 261-3236
- Listing Agent: Elizabeth Ramirez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 2/1/2025, 11:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,499,000
220 N Hoover St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 19, 2022 | Home Sold | $1,675,000 |
Mar 18, 2021 | Home Sold | $860,000 |
Jul 16, 2020 | Home Sold | $825,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,709,380 | $21,401 |
2023 | $1,675,880 | $20,952 |
2022 | $1,194,280 | $15,938 |
2021 | $1,100,880 | $13,751 |
2020 | $236,563 | $3,543 |
2019 | $231,925 | $3,476 |
2018 | $227,378 | $3,072 |
2017 | $222,921 | $3,072 |
History based on county public records data.
Nearby schools
6
Dr. Sammy Lee Medical and Health Science Magnet
Public Magnet KG-5
0.3 mi
•3600 Council St
6
Commonwealth Avenue Elementary School
Public District 1-5
0.3 mi
•215 S Commonwealth Ave
6
Frank Del Olmo Elementary School
Public District KG-5
0.5 mi
•100 N New Hampshire Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $42,729. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 220 N Hoover St
This home is located at 220 N Hoover St in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $2,499,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.