The Hepburn Manor Apartments, consisting of 32 units located in the heart of the Silver Lake hills, is being offered for sale for the first time in nearly 40 years. This ICONIC FLATIRON art-deco-inspired property is truly an irreplaceable "ONE of ONE" opportunity. Due to the assets' unique style and prominent positioning in the Silver Lake hills, many units feature panoramic city views, including Griffith Park Observatory, DTLA, and the Hollywood sign. There is a tremendous opportunity for design enhancement to further excel all appropriate income drivers. The unit composition features an idyllic blend of large One Bedroom and Single Units, comprised of Twelve (12) One-Bedroom / One-Bathroom and Twenty-Two (22) Large Single / One-Bathroom apartment homes. Constructed in 1930, the offering is situated on an elevated, triangular corner parcel oriented at the intersection of Hyperion Avenue and Hoover Street. The design was influenced by the extraordinary "Flatiron" style buildings constructed at the turn of the 20th Century in several major US cities, including San Francisco's Columbus Tower or Phelan Building and New York's Flatiron building on 5th Avenue. Unit interiors boast sizeable square footage, unique layouts, and many originals such as hardwood floors, decorative moldings and cabinetry, and walk-in closets, and some still offer original ice boxes from the era. Building amenities include intercom entry, spacious lobby, elevator, onsite laundry facilities, and ten on-grade covered parking spaces. Current ownership has implemented a thoughtful and consistent management approach over the last four decades, helping to retain the property's uniqueness and overall health. The Hepburn Manor is vastly different from all nearby properties and, with proper stewardship, can outperform any neighboring rental property. By adding the right combination of interior improvements, it's estimated that the property can make the market for achievable rents well into the future. This is an irreplaceable "ONE of ONE" opportunity that will likely never cross your desk again.
Property Details
Property Features
Property Information:
Year Built: 1930
Stories: 4
Living Area: 22,640 SqFt
Listing Office:
Office Name: KW Commercial Studio City
Office Phone: (818) 432-1500
Listing Agent: Nick Astrupgaard
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 12
Exterior Features
Parking Information:
Parking: Covered, Gated
Lot Features
Lot Information:
Lot Size: 0.17 Acres
School Info
Assigned Schools Information:
John Marshall Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Dayton Heights Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Academy For Enriched Sciences, Public Magnet Grades 1-5
Other
Directions Information:
Directions: The offering is situated on an elevated, triangular corner parcel oriented at Hyperion Avenue and Hoover Street intersection in highly sought-after Silver Lake.
Price Information
Listing Price Info
Price Summary:
List Price: $8,850,000
Price Per SqFt: $391/SqFt
Tax Information:
Annual Amount: $19,743
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 $7.8M more than the Median Sold Price and $249/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24428311
Listing Office:
Office Name: KW Commercial Studio City
Office Phone: (818) 432-1500
Listing Agent: Nick Astrupgaard
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: 9/16/2024, 2:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$19,743
$1,492,519
2020
$19,192
$1,467,220
2019
$19,120
$1,438,452
2018
$18,746
$1,410,248
2017
$18,746
$1,382,597
History based on county public records data.
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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.
Elementary School
7
/10
Dayton Heights Elementary School
607 N Westmoreland Ave
Distance between this listing and this school0.32 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.50 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school21.82 miles
Public Magnet Grades 1-5
Middle School
6
/10
Thomas Starr King Middle School Film and Media Mag
4201 Fountain Ave
Distance between this listing and this school0.84 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.04 miles
Public District Grades 6-8
High School
8
/10
John Marshall Senior High School
3939 Tracy St
Distance between this listing and this school1.62 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.29 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.45 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Dayton Heights Elementary School
607 N Westmoreland Ave
Distance between this listing and this school0.32 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.50 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school21.82 miles
Public Magnet Grades 1-5
Assigned Schools
6
/10
Thomas Starr King Middle School Film and Media Mag
4201 Fountain Ave
Distance between this listing and this school0.84 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school3.04 miles
Public District Grades 6-8
Nearby Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.83 miles
Public District Grades 6-8
Assigned Schools
8
/10
John Marshall Senior High School
3939 Tracy St
Distance between this listing and this school1.62 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.29 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.45 miles
The neighbors living near this home have an average income of $42,383. Most Los Angeles, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 760 N Hoover St
What is the listing price of this property?
The listing price of 760 N Hoover St property is $8,850,000.
What type of property is this?
The property 760 N Hoover St is a house located in Los Angeles, California, 90029.
Is this property for sale now?
Active Listing: 760 N Hoover St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 760 N Hoover St are: Dayton Heights Elementary School: GreatSchools Rating 7/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Thomas Starr King Middle School Film and Media Mag: GreatSchools Rating 6/10Studio: GreatSchools Rating 4/10John Marshall Senior High School: GreatSchools Rating 8/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $19,743 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 760 N Hoover St has 12 bedrooms and 32 bathrooms.
What is the square footage of this property?
The property 760 N Hoover St is 22,640 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 760 N Hoover St is 1930.
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This home is located at 760 N Hoover St in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 22,640 square foot home, which was built in 1930, sits on a 0.17 acre lot. Features: 12 bedrooms, 32 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $8,850,000.
Los Angeles, CA housing market in August 2024 saw over 668 listings sold above listed price, more than 213 sold at listed price and over 728 sold below. Between July 2024 and August 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 7.2%. While the average time on the market in August 2024 was 34 days, the median list price was $1,013,623.
From Rocket Homes Real Estate and based on county public records data.