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$ 2,750,000
Est. payment /mo
New
211 S Hoover Street Los Angeles, CA 90004
3 Beds
3 Baths
7,988 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR26141790
Bedrooms 3
Lot Size 7,988 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Built in 2016, this well-maintained townhouse-style fourplex presents a rare opportunity to own a newer construction income property in a highly convenient central Los Angeles location. The property is not subject to RSO and currently exempt from AB 1482 rent control, offering greater flexibility for ownership and rental operations. Each unit features a thoughtfully designed and highly flexible 3-bedroom, 3-bathroom floor plan, including a bedroom and full bathroom on the main levelideal for guests, roommates, multi-generational living, or a home office. Upstairs, two spacious bedroom suites provide privacy and comfort, making the layouts especially appealing to today's renters. As a newer construction property, the building offers lower maintenance costs compared to older multifamily properties. In addition, tenants pay all utilities except trash, helping reduce operating expenses and improve investment performance. Residents enjoy modern amenities including central air conditioning and heating, in-unit laundry, abundant natural light, and townhouse-style living that feels more like a private home than a traditional apartment. Conveniently situated near Koreatown, Downtown Los Angeles, USC, and major transportation corridors, the property offers easy access to West Hollywood, Beverly Hills, Hollywood, and other major employment and entertainment centers. Combining a prime location, newer construction, flexible floor plans, lower maintenance, and strong tenant appeal, this property presents an exceptional investment opportunity with long-term upside.
Location
State CA
County Los Angeles
Zoning Assessor
Direction East of Vermont Ave and North of W 3rd St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5501019008

Listed by Kuangkai Kuo, DRE#01849263 In Realty Inc.
NEARBY SCHOOL & BUSINESS
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