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    971 S Hoover Street

    Los Angeles (City), CA 90006
    • $3,690,000
    • STATUS: Active
    • ON SITE: 207 days
    • ID#: 20576286
    UPDATED: 13 min ago
    $3,690,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    BUY AND BUILD. NON RENT CONTROLLED*. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION.DELIVERED VACANT. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE. *4 units are affordable. 35 units are NON RENT CONTROLLED. All rent amounts are estimated projections.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-29T17:26:27.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

    www.theashleycooperteam.com/homes/105581994
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    971 S Hoover Street Los Angeles (City), CA 90006

    • Price: $3,690,000
    • Status: Active
    • Updated: 13 min ago
    • ID#: 20576286
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    BUY AND BUILD. NON RENT CONTROLLED*. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION.DELIVERED VACANT. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE. *4 units are affordable. 35 units are NON RENT CONTROLLED. All rent amounts are estimated projections.
    Exterior Features

    Lot Size Dimensions 70X135 Lot Size Source Appraiser Lot Size Units Square Feet

    Property Features

    Lot Dimensions Source Assessor Senior Community YN No Special Listing Conditions Standard Zoning Lar4

    Listing provided courtesy of Tannaz Kamran-Rahbar of Keller Williams Rlty Brentwood


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-29T17:26:27.357. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or First Team Real Estate. Licensed in the State of California, USA.

     
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