Address
4315 S Hoover Street Los Angeles, CA
Price
$ 1,450,000
Property Attributes
  • MLS#21677002
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaLos Angeles Southwest
  • Zip90037
  • Style
  • Price$ 1,450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5056
  • Lot Size9,148 SqFt
Listing Provided Courtesy Of:
Neema Ahadian with Marcus & Millichap.
Property Description

Built in 1914, this 6-unit property is located in South Los Angeles between W Vernon Ave & W Martin Luther King Blvd just south of Exposition Park & USC, a location providing easy access to Metro Expo Line, the 110 Freeway, and Downtown Los Angeles nightlife,entertainment, restaurants, and employment opportunities. The subject property totals 5,056 SF featuring a unit mix that includes one two-bedroom two-bathroom and five three-bedroom two-bathroom apartment units.The majority of rents are currently under-market, providing a true value-add opportunity to capture the 36% rental upside through an interior renovation program when units turn. There are 14 parking spaces located at the rear of the property. Electricity is separately metered and each unit has its own individual water heater. Vermont Square is a fast growing, vibrant neighborhood, just southwest of Downtown Los Angeles. The subject property is within walking distance to the University of Southern California, Exposition Park.

Price History
1/7/2021 Listed $1,450,000

General Features

Directions located in South Los Angeles between W Vernon Ave & W Martin Luther King Blvd just south of Exposition Park & USC
Listing Agent Neema Ahadian - BRE#01346750
Listing Agent State License 01346750
MLS Area C34 - Los Angeles Southwest
Parking Features None
Price Per Square Foot 286.79
Special Listing Conditions Standard
Total Units 6
Zoning C2-1VL-CPIO

Exterior Features

Building Area Total 5056.00
Lot Size Acres 0.2100
Lot Size Area 9235.0000
Lot Size Square Feet 9235.00
Lot Size Units Square Feet
Number of Buildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90037

Price
AVG $1.02M
$1.45M
Visits
AVG 44
7
Year Built
AVG 1929
1914
Walkscore
AVG 76
82
Data Provided by Walkscore ® not using MLS data

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