8128 South Hoover Street

Los Angeles, CA 90044

$700,000
Price
2
Beds
2
Baths
800 Sq. Ft.
$875 / Sq. Ft.
800
Sq. Ft.
$875
per Sq. Ft.

Description

Rare find in South Los Angeles! This 7,000 sq. ft. R3-zoned lot with TOC Tier 3 bonus offers the potential to build 12+ units, thanks to density bonuses and reduced parking requirements. Currently a duplex (vacant at close of escrow), this property is perfect for developers or investors looking to capitalize on LA's housing demand. Located near transit, schools, and amenities, this is your chance to create a high-yield multi-family project or retain the existing structure for rental income while...Rare find in South Los Angeles! This 7,000 sq. ft. R3-zoned lot with TOC Tier 3 bonus offers the potential to build 12+ units, thanks to density bonuses and reduced parking requirements. Currently a duplex (vacant at close of escrow), this property is perfect for developers or investors looking to capitalize on LA's housing demand. Located near transit, schools, and amenities, this is your chance to create a high-yield multi-family project or retain the existing structure for rental income while planning future development. Contact us today to explore the possibilities!
  1. Listed by Mark King • DRE #02139777 • Brokerage DRE #01346711 • Big Block Platinum

Property Details for 8128 South Hoover Street

Zoning
LAR3
Parcel Number
6032023015
Total Units
2.0
Living Area
800
Source Living Area
Vendor Enhanced
Area
Metropolitan Southwest (C36)
Vacancy Rate
0
Lot Size Area
7002
LISTING UPDATED: 12/19/2024 06:47 PM

Property Details for 8128 South Hoover Street

StatusActive
MLS #24-473801
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.16 AC / 7,002 SF
CountyLos Angeles County

Building Information for 8128 South Hoover Street

Stories-Residences-Year Built1923Building Size-Lot Size0.16 AC / 7,002 SF

Property Information for 8128 South Hoover Street

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Duplex
Contract Info
Contract Info
  • Disclosures: None
  • 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: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1607
  • Lot Size Square Feet: 7002
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-19-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $61,566.00
  • Assessed Improvement Percent: 34.48
  • Assessed Land Value: $116,980.00
  • Assessed Land Percent: 65.52
  • Assessed Total Value: $178,546.00

Property History for 8128 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 8128 South Hoover Street

Taxable ValueLand$119,319Additions$62,797Total$182,116
Tax Record2024$2,583 ($215 / month)
Home Facts
Total Finished SqFt800 SqFtAbove Grade Finished SqFt800 SqFtLot Size7,000 SqFtStyleDuplexYear Built1923ZoningLAR3CountyLOS ANGELESAPN6032-023-015

Schools near 8128 South Hoover Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Manchester Avenue Elementary School
Public1 to 6

Mary Mcleod Bethune Middle School
Public7 to 8

KIPP Empower Academy
CharterK to 4

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.

Similar Homes

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8128 South Hoover Street is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on December 19, 2024 by Big Block Platinum, it's currently listed at $700,000. It has been on the market for a total of 2 days and was last sold on November 23, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Manchester Avenue Elementary School, Mary Mcleod Bethune Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 8128 South Hoover Street is a 2-bed, 2-bath, 800 sqft multi-family home built in 1923.

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 Big Block Platinum, Mark King, DRE #02139777

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.