1167 South Hoover Street

Los Angeles, CA 90006

$13,000,000
Price
32
Beds
32
Baths
30,965 Sq. Ft.
$420 / Sq. Ft.
30,965
Sq. Ft.
$420
per Sq. Ft.

Description

Dream Realty, as the exclusive listing agent, is pleased to offer for sale 1167 S HOOVER ST , 35-unit apartment community. 1167 S HOOVER is located ,in the Westlake submarket of Los Angeles. Situated on a 14,160 square foot parcel, the property is comprised of 3 studio, 29 of one bedroom units and 3 two-bedroom units. Due to its 2016 construction, 1167 S HOOVER ST is not subject to Los Angeles City Rent Control.1167 S HOOVER ST in close proximity to multiple venues for the 2028 Summer Olympics in...Dream Realty, as the exclusive listing agent, is pleased to offer for sale 1167 S HOOVER ST , 35-unit apartment community. 1167 S HOOVER is located ,in the Westlake submarket of Los Angeles. Situated on a 14,160 square foot parcel, the property is comprised of 3 studio, 29 of one bedroom units and 3 two-bedroom units. Due to its 2016 construction, 1167 S HOOVER ST is not subject to Los Angeles City Rent Control.1167 S HOOVER ST in close proximity to multiple venues for the 2028 Summer Olympics in Los Angeles. The property is located a short distance from venues in the "Downtown Sport Park" Including the LA Memorial Coliseum, Crypto.com Arena, BMO Stadium & more, which bode well for the long this neighborhood.
  1. Listed by Erica Sook Jung • DRE #01891150 • Brokerage DRE #01350852 • Dream Realty & Investments Inc

Property Details for 1167 South Hoover Street

Zoning
LAR4
Parcel Number
5076014042
Total Units
35.0
Living Area
30965
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
0
Lot Size Area
14164
LISTING UPDATED: 12/19/2024 12:01 AM

Property Details for 1167 South Hoover Street

StatusActive
MLS #24-471481
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2017
Lot Size0.33 AC / 14,164 SF
CountyLos Angeles County

Building

1167 S Hoover St

4 StoriesBuilt in 2017

Building Information for 1167 South Hoover Street

Stories4Residences-Year Built2017Building Size-Lot Size0.33 AC / 14,164 SF

Property Information for 1167 South Hoover Street

Community / Development
Community / Development
  • Number Of Units: 35
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 1
  • Type Of Units: 1+1
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $68,762
  • Gross Rent Multiplier: $15.75
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.3252
  • Lot Size Square Feet: 14164
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 50
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: Range/Oven
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-11-2024
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,620.00
  • Unit Actual Rent: $1,620.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 3
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,950.00
  • Unit Actual Rent: $1,950.00
  • Unit Projected Rent: $2,000.00
  • Like Units: 29
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $5,405,603.00
  • Assessed Improvement Percent: 75.26
  • Assessed Land Value: $1,777,174.00
  • Assessed Land Percent: 24.74
  • Assessed Total Value: $7,182,777.00

Property History for 1167 South Hoover Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1167 South Hoover Street

Taxable ValueLand$1,812,717Additions$5,513,715Total$7,326,432
Tax Record2024$91,662 ($7,638 / month)
Home Facts
Total Finished SqFt30,965 SqFtAbove Grade Finished SqFt30,965 SqFtLot Size14,160 SqFtStyleMulti-Family Res (5+ Units)Year Built2016ZoningLAR4CountyLOS ANGELESAPN5076-014-042

Schools near 1167 South Hoover Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Leo Politi Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1167 South Hoover Street is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on December 11, 2024 by Dream Realty & Investments Inc, it's currently listed at $13,000,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Leo Politi Elementary School, Berendo Middle School and Contreras Learning Center-School Of Social Justice. 1167 South Hoover Street is a 32-bed, 32-bath, 30,965 sqft multi-family home built in 2017.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dream Realty & Investments Inc, Erica Sook Jung, DRE #01891150

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.