830 S Hoover ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90005
Key Details
Property Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 8,080 sqft
Price per Sqft $318
MLS Listing ID 25556523
Bedrooms 6
Year Built 1966
Lot Size 6,311 Sqft
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 $2,570,000 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. Combined asking price is $4.4M. 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
Exterior
Parking Features Assigned
Building
New Construction No
Others
Special Listing Condition Standard