171 S Hoover Los Angeles, CA 90004
7,483 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB26014422
HOA Y/N No
Year Built 2025
Annual Tax Amount $40,312
Lot Size 7,483 Sqft
Property Sub-Type Quadruplex
Property Description
This prime 6-unit will be delivered fully leased at a real 5.81% cap rate: a dream come true for 1031 exchange buyers! 171 S Hoover St is made up of three large 4-bedroom, two 2-bedroom, and one 3-bedroom tri-level townhome style unit! The property boasts 10 parking spots, all conveniently organized in carports (highly desirable by tenants) plus two bonus spots accessed by the front driveway. The excellent location, paired with the upscale modern units will make for quick, easy rentals time and time again!
These premium townhomes feature unbeatable floorplans with extremely large, tenant friendly kitchens and living rooms. You will find noteworthy features including, but not limited to designer tiles, all kitchen appliances included, large waterfall islands, modern glossy cabinets, high ceilings, huge closets, countless windows everywhere you look allowing for maximum light, natural wood waterproof vinyl, and more! In addition to the high return, buyers will enjoy other perks including tons of parking, tastefully designed drought tolerant landscaping, a 1-year builder's warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas and electric with 1 water meter that is sub metered (tenants pay all utilities), and extreme desirability amongst renters for years to come. This one-of-a-kind opportunity will not last long!
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator
Laundry Inside
Exterior
Carport Spaces 10
Pool None
Community Features Sidewalks
View Y/N Yes
View Neighborhood
Total Parking Spaces 10
Private Pool No
Building
Lot Description Landscaped
Story 3
Sewer Public Sewer
Water Public
New Construction Yes
Others
Senior Community No
Tax ID 5501018016
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Ivanhoe Elementary
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Citizens of the World Charter
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Equitas Academy Charter
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Gabriella Charter
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