x
Views
Address
563 N HOOVER Street Los Angeles, CA
Price
$ 7,895,000
Property Attributes
  • MLS#19488884
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaSilver Lake
  • Zip90004
  • Style
  • Price$ 7,895,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Kenny Stevens with Compass.
Property Description

Brand new 2019 Construction on a street-to-street lot! Current low interest rates provide for cash on cash return of 7.0% day one! Spectacular views of Hollywood Hills and Downtown LA from most units. Extremely high quality, condo-like construction with attention to detail to attract high-income tenants. An ideal mix of mostly 3 Bedrooms units. 10 out of 11 units now leased! All units now leased at market rates, no low income restrictions. Units are sub-metered for all utilities, including water. CALL LISTING AGENT FOR AN APPOINTMENT TO TOUR THE PROPERTY W/ QUALIFIED BUYERS.

Price History
7/15/2019 Listed $8,200,000
10/11/2019 4% - $7,895,000

General Features

Directions On Hoover, South of Melrose
Flooring Wood
Listagentaor Beverly Hills/Greater LA
Listing Agent Kenny Stevens - BRE#01090251
Listing Agent State License 01090251
MLS Area 671 - Silver Lake
Source System CRMLS
Special Listing Conditions Standard
Total Units 11
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Cooling Central Air
Heating Central
Heating Y/N Yes
Total Stories 3

Exterior Features

Lot Size Source Other
Number of Buildings 3
Parking Features Garage
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • 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 90004

Price
AVG $2.25M
$7.9M
Visits
AVG 6
6
Year Built
AVG 1939
2019
Walkscore
AVG 87
87
Data Provided by Walkscore ® not using MLS data

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