830 S Hoover St Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90005
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,080 sqft
Price per Sqft $181
MLS Listing ID 25556523
Bedrooms 6
Year Built 1966
Lot Size 6,310 Sqft
Acres 0.1449
Property Sub-Type Multi-Family
Property Description
AUCTION STYLE BIDDING BEGINS!!!! ORIGINALLY LISTED AT $2,570,000!!! MINIMUM ACCEPTABLE OPENING BID IS $1,470,000 SUBJECT TO SELLERS NON DISCLOSED RESERVE PRICE. AMAZING OPPORTUNITY with starting bid price at only $181/sf!!!! Unique and rare opportunity in the heart of Koreatown ideal for owner-users, investors, and developers! 830 S Hoover Street is listed at $1,470,000 and features a 6-unit commercial building in the front (with 3 units currently vacant perfect for an owner-user) and a 4-unit residential building in the rear, with separate rear access. The property offers 8,080 SF of interior space on a combined lot size of 11,314 SF, which includes the adjacent parcel at 840 S Hoover Street (off-market, offered at $1.83M). Both parcels are zoned C2 with TOC Tier 3, allowing for increased density, mixed-use, or multifamily development (buyer to verify with the City). Properties can be developed together or 840 can serve as a dedicated parking lot for 830. This versatile site is perfect for medical, dental, acupuncture, retail, salon, barbershop, car dealership, executive office, or creative studio. Located in a high-traffic Koreatown corridor, minutes from DTLA, major transit, and amenities. So much potential and upside! Drive-by only do not disturb tenants. Property to be sold as-is. Buyer to conduct their own due diligence. Submit offers with proof of funds. Contact listing agent for full details.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAC2
Rooms
Other Rooms None
Interior
Heating Natural Gas
Cooling Window Unit(s), Central
Flooring Wood Laminate
Equipment Other
Exterior
Parking Features Assigned
Garage Spaces 6.0
Amenities Available None
Building
Level or Stories Two
Others
Special Listing Condition Standard