Hooper Ave, Los Angeles, CA 90001
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Hooper Ave, Los Angeles, CA 90001
Hooper Ave, Los Angeles, CA 90001
Hooper Ave, Los Angeles, CA 90001
Hooper Ave, Los Angeles, CA 90001
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Sharlyn Nazarian & Paul Phillips

Sharlyn Nazarian & Paul Phillips

+1(213) 317-5377
$ 959,000
Est. payment /mo
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Active

Hooper Ave Los Angeles, CA 90001

8 Beds

4 Baths

2,544 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,544 sqft

Price per Sqft $376

MLS Listing ID 26853219

Style Traditional

Bedrooms 8

Construction Status Repair Cosmetic

Year Built 1959

Lot Size 5,864 Sqft

Acres 0.1346

Property Sub-Type Multi-Family

Property Description

Exceptional Value-Add Fourplex with Vacant Unit! Excellent owner-user or investment opportunity featuring four spacious 2-bedroom, 1-bath units, including one vacant unit available for immediate occupancy or future rental income. Live in one unit while collecting income from the remaining three, or lease the vacant unit to maximize income potential. The remaining three units are currently tenant occupied, providing existing in-place income. Pride of ownership is evident with a freshly painted exterior, secure gated entry, covered and additional on-site parking, drought-tolerant landscaping, and separate gas and electric meters. Ideally situated directly across from a neighborhood park and convenient to shopping, schools, public transportation and major freeways.Situated on an approximately 5,864 SF LCR3YY-zoned lot, the property offers additional value-add potential, including possible ADU/development opportunities, subject to buyer investigation and City approval.Four 2BR/1BA units + one unit vacant + existing income from three occupied units = a compelling opportunity for an owner-user, investor or 1031 exchange buyer.Vacant unit available to show. Please do not disturb occupants. Buyer to independently verify rents, square footage, permits, zoning, rent-control status, financing eligibility and development potential.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LCR3YY

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment None

Laundry None

Exterior

Parking Features Carport

Garage Spaces 8.0

Pool None

Amenities Available None

Roof Type Shingle

Building

Lot Description Lot-Level/Flat, Lot Shape-Rectangular

Story 2

Foundation Slab

Sewer Paid

Water District

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco

Construction Status Repair Cosmetic

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by EstateX inc.
Sharlyn Nazarian & Paul Phillips

Sharlyn Nazarian & Paul Phillips

Realtor License ID: DRE #02251393 DRE#02251387

+1(213) 317-5377

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Hooper Ave