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$ 1,470,000
Est. payment /mo
Price Dropped by $1.0M
830 S Hoover ST Los Angeles, CA 90005
6 Beds
10 Baths
8,080 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,080 sqft
Price per Sqft $181
MLS Listing ID 25556523
Bedrooms 6
HOA Y/N No
Year Built 1966
Lot Size 6,311 Sqft
Property Description
AUCTION STYLE BIDDING BEGINS!!!! ORIGINALLY LISTED AT $2,570,000!!! MINIMUM ACCEPTABLE OPENING BID IS $1,470,000 SUBJECT TO SELLERS NON DISCLOSED RESERVE PRICE. AMAZING OPPORTUNITY with starting bid price at only $181/sf!!!! Unique and rare opportunity in the heart of Koreatown ideal for owner-users, investors, and developers! 830 S Hoover Street is listed at $1,470,000 and features a 6-unit commercial building in the front (with 3 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 $1.83M). 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.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Heating Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 6
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5141026007
Special Listing Condition Standard
Listed by John C. Pak Philco Realty