Address
971 S Hoover Street Los Angeles, CA
Price
$ 3,890,000
Property Attributes
  • MLS#20576286
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90006
  • Style
  • Price$ 3,890,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size9,463 SqFt
Listing Provided Courtesy Of:
Tannaz Kamran-Rahbar with Keller Williams Rlty Brentwood.
Property Description

BUY AND BUILD. NON RENT CONTROLLED. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE.

Price History
5/6/2020 Listed $3,990,000
6/8/2020 3% - $3,890,000

General Features

Directions Between Olympic and Wilshire Boulevards on Hoover Street
Listagentaor Beverly Hills/Greater LA
Listing Agent Tannaz Kamran-Rahbar - BRE#00951232
Listing Agent State License 00951232
MLS Area C17 - Mid-Wilshire
Price Per Square Foot 411.07
Source System CRMLS
Special Listing Conditions Standard
Zoning LAR4

Exterior Features

Lot Dimensions 70x135
Lot Size Area 9463.0000
Lot Size Source Appraiser
Lot Size Square Feet 9463.00
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90006

Price
AVG $1.57M
$3.89M
Visits
AVG 35
34
Walkscore
AVG 89
92
Data Provided by Walkscore ® not using MLS data

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