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220 N Hoover Street

Los Angeles, CA 90004

– beds
– baths
– sqft
5,044 sqft lot
1914 build
– on site

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.

Listed By CRMLS_CA / Elizabeth Ramirez / Bricxone Realty, Inc.

Last checked: Checking… • Last updated May 23, 2024 •

MLS# PW24067859 —

The Building

Year Built:

1914
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

4150.00
Building Area Units:

Square Feet
Total Number Of Units:

6
# of Buildings:

2
Architectural Style:

Modern
Foundation:

Raised
Stories Total:

2
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

6
# of Separate Water Meters:

1
# of Separate Electric Meters:

6

Interior

Levels:

Two
Entry Location:

1
Flooring:

Laminate, Tile
Number Wall AC:

6
Fireplace:

Yes
Fireplace:

Kitchen
Laundry:

Inside
Laundry:

1

Location

Directions:

Property is off of Temple and Council
Latitude:

34.07503900
Longitude:

-118.28334800

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LAR3
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5044.0000
Lot Size Acres:

0.1158
Lot Size SqFt:

5044.00
Lot Size Source:

Assessor
View:

1
View:

City Lights
Fencing:

Vinyl, Wood
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

13
Tax Census Tract:

2086.10
Tax Lot:

19

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5156003022

Heating & Cooling

Heating:

1
Heating:

Ductless
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

3.00
Garage Spaces:

3.00

Extra Units

Number With Disposal:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/22/24 Apr 22, 2024	Listed / Active	CRMLS_CA	$2,499,000

Multifamily For Sale

$2,499,000

Listing provided by broker:

Elizabeth Ramirez

Bricxone Realty, Inc.

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This multifamily located in Central LA, Los Angeles, CA 90004 is currently for sale for $2,499,000. 220 N Hoover Street is a – square foot multifamily with – beds and – baths that has been on Estately for 298 days. 220 N Hoover Street is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 85, making it very walkable. This multifamily is in the attendance area of Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Belmont Senior High School, Edward R. Roybal Learning Center, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Business And Tourism, Ramon C Cortines School Of Visual And Performing Arts, Virgil Middle School, Miguel Contreras Learning Complex - School Of Social Justice, and Commonwealth Elementary School.

Listing Courtesy of: CRMLS_CA and Bricxone Realty, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 20:53 on Feb 14.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.