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517 N HOOVER Street, Los Angeles, CA 90004

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Listing Type
multi family
Listing Status
pending
Explore Los Angeles, CA
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$2,175,000

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Home Details for 517 N HOOVER Street

Price
$2,175,000
Type
multi family
Year Build
1910
Sq. Ft.
1093
Lot Size
0.1722
County
Los Angeles
MLS Listing#
19442388
On exitrealty.com
1052 days

Property Description

THE MARKET HAS MET THIE PRICE FOR THESE 2 LOT PRIME DEVELOPMENT SITES: R3 TIER 3 TWO LOTS 15k SF! TWO LOTS, THIS IS ONE OF THEM, BOTH R3 DEVELOPMENT SITES!! DO NOT DISTURB OCCUPANTS! The HOOVER DEVELOPMENT SITE is a Remarkable Opportunity for 2 SIDE BY SIDE LOTS, approximately 15,000 Sq.Ft. Total for Both Lots (must be sold concurrently). Zoned LAR3, TOC TIER 3. Both Lots are: 511 N. Hoover (APN 5539-028-014) and 517 N. Hoover (APN 5539-028-013). Currently 2 Craftsman Homes, both Owner Occupied. Nothing under Rent Control! Located in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Our Hypothetical Analysis assumes a Developer might be able to Entitle the Development for possibly 33 to hopefully 40 Residential Units, subject to City approval. Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $300 Per Square Foot!

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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA BRE# 01516899. Lorenzo Castillo Broker.
$2,175,000

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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA BRE# 01516899. Lorenzo Castillo Broker.
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