Price Reduced Listing
$1,699,000
 $9,121 est/mo Sourced by Back At You

225 S Hoover Street,Los Angeles, CA 90004

Los Angeles, CA 90004

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Description

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.

Details

MLS #26858467
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1948
Days On Site42
Listing Provided ByColdwell Banker Realty | Laura Markosian

Features

Bed(s)6
Bath(s)4
SQ Feet2,896
Story(s)2
Units4
Building(s)1
ZoningLAR3
Acreage0.18
Property ViewNone

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
AppliancesRefrigerator

Parking

Attached Garage Yes / NoNo

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90004
AreaC17 Mid Wilshire
Listing VS Median (in 90004)
Price:
$1,699,000
low | high
Med:
$1,799,900
44.061212477928% of Average
sqft:
2,896
low | high
Med:
6,150
62.361878453039% of Average
$ / sqft:
$587
low | high
Med:
$293
100% of Average
On site:
42
low | high
Med:
109
38.532110091743% of Average
Sourced by Back At You

Market Activity 90004

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90004
AreaC17 Mid Wilshire
Listing VS Median (in 90004)
Price:
$1,699,000
low | high
Med:
$1,799,900
44.061212477928% of Average
sqft:
2,896
low | high
Med:
6,150
62.361878453039% of Average
$ / sqft:
$587
low | high
Med:
$293
100% of Average
On site:
42
low | high
Med:
109
38.532110091743% of Average
Sourced by Back At You
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Price: $1.274M - $2.123M
sqft: 2,000 - 3,500
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Listing Updated: August 17, 2026 at 9:05:42 AM PDT