543 N Hoover St | Los Angeles, CA 90004
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- LoopNet Team
543 N Hoover St
Los Angeles, CA 90004
8-Unit Value-Add Near Silver Lake | 12.75 GRM · Multifamily Property For Sale
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8 Units
Investment Highlights
- Near Top Restaurants (Squirl, Courage Bagels, Bacari, Pine and Crane, All Day Baby) and High-End Grocers (Erewhon, Whole Foods)
- Over 72% Rental Upside Through Interior & Exterior Renovations
- Located In Close Proximity to Silver Lake, Hollywood, Koreatown, and Downtown LA, Providing Renters Easy Access to Jobs and Nightlife
- Surrounded by Popular Bars and Coffee Shops (Cafe Organico, LAMILL, Intelligentsia) in Virgil Village, Sunset Junction, and Silver Lake
- Family Owned & Operated for the Last 67 Years – A True Generational Asset
Property Facts
| No. Units | 8 | Lot Size | 0.18 AC |
| Property Type | Multifamily | Building Size | 7,062 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.69/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 7,062 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.69/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | 500 |
| 2+1 | 2 | - | 500 - 700 |
Property Taxes
| Parcel Number | 5539-028-008 | Improvements Assessment | $137,749 |
| Land Assessment | $47,039 | Total Assessment | $184,788 |
Property Taxes
Parcel Number
5539-028-008
Land Assessment
$47,039
Improvements Assessment
$137,749
Total Assessment
$184,788
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