Welcome to 1702 S. Hoover Ave. A wonderful property suitable for mixed-use office/retail building, located in the up and coming Pico-Union neighborhood, this property offers a unique ability to occupy a building near the rapidly improving DTLA, Korea Town, and USC, This two-story, 4 Unit, 2415 Sqft building is located on a 5,288 Sqft. Lot, Built-in 2002, Solid steel construction with top materials, this building features beautiful architectural elements to the facade, large open areas ideal for creative office/retail, The property benefits from a large parking lot in the rear of the building able to house up to 8 cars, Zoning is C1-1 Tier 2, WITH NO HEIGHT RESTRICTION, perfect for any Investor or Developer, looking to maximize density and looking to build more units. Here's your unique opportunity to own a piece of Los Angeles aside from being located in a prime location of LA due to its proximity to DTLA & all that this economic powerhouse has to offer.
Property Details
Property Features
Property Information:
Year Built: 2002
Stories: 2
Listing Office:
Office Name: Rodeo Realty
Office Phone: (818) 761-7222
Listing Agent: Claudia Hansen
Interior Features
Interior Information:
Flooring Type: Tile
Interior: Block Walls
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Guest, Private, Workshop in Garage
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Forced Air
Other
Directions Information:
Directions: South of Venice Blvd & North of Washington Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $1,589,000
Tax Information:
Annual Amount: $4,697
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $567.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #21726566
Listing Office:
Office Name: Rodeo Realty
Office Phone: (818) 761-7222
Listing Agent: Claudia Hansen
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 11:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 24, 2001
Sep 24, 2001Home Sold
$120,000
Sep 27, 1988
Sep 27, 1988Home Sold
$150,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,697
$361,788
2020
$4,564
$358,079
2019
$4,485
$351,059
2018
$4,445
$344,177
2017
$4,445
$337,430
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$7,998
Per Month
Principal & Interest
$7,931
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,830
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Magnolia Avenue Elementary School
1626 Orchard Ave
Distance between this listing and this school0.24 miles
Public District Grades PK-5
6
/10
Equitas Academy Charter
1700 W Pico Blvd
Distance between this listing and this school0.35 miles
Public Charter Grades KG-5
5
/10
Norwood Street Elementary School
2020 Oak St
Distance between this listing and this school0.61 miles
Public District Grades KG-5
Nearby Schools
4
/10
Downtown Value
950 W Washington Blvd
Distance between this listing and this school0.44 miles
Public Charter Grades KG-8
4
/10
Camino Nuevo Elementary #3
1723 Cordova St
Distance between this listing and this school0.70 miles
Public Charter Grades KG-8
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.74 miles
Public District Grades 6-8
Nearby Schools
6
/10
University Preparatory Value High School
1929 W Pico Blvd
Distance between this listing and this school0.34 miles
Public Charter Grades 9-12
3
/10
West Adams Preparatory High School
1500 W Washington Blvd
Distance between this listing and this school0.39 miles
Public District Grades 9-12
6
/10
Alliance Gertz-Ressler Richard Merkin 6-12 Complex
2023 S Union Ave
Distance between this listing and this school0.42 miles
The neighbors living near this home have an average income of $52,696. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1702 S Hoover St
What is the listing price of this property?
The listing price of 1702 S Hoover St property is $1,589,000.
What type of property is this?
The property 1702 S Hoover St is a house located in Los Angeles, California, 90006.
Is this property for sale now?
Active Listing: 1702 S Hoover St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,697 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 24, 2001 for $120,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 1702 S Hoover St is 2002.
This home is located at 1702 S Hoover St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This home, which was built in 2002, sits on a 0.12 acre lot. It has been listed on Rocket Homes since May 02, 2021 and is currently priced at $1,589,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.