1329 S Hoover Street, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1329 S Hoover Street,Los Angeles, CA 90006
$2,900,000
  • - Beds
  • - Baths
  • 4,752 sq. ft.
  • Multi-family
  • Active
Listed by: dimitri j.s. scourkes
Office: coldwell banker realty310-777-6200
MLS#:26998265
Source:CRMLS

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$610.27

About this home

15 Units in Central LA at $2.9M, 40% Delivered Vacant | 13291335 S. Hoover St. Hi, if you have a client sitting on equity, eyeing a 1031 exchange, or asking you about "investment property," this one's for them. I'm excited to share the updated Offering Memorandum for 13291335 S. Hoover Street. It's a 15-unit, two-building multifamily offering in Central Los Angeles (Pico-Union / Koreatown), now priced at $2,900,000. The full OM is attached. THE HEADLINE NUMBERS* Price: $2,900,000, or $193,333 per unit* 15 units across two buildings on two parcels (APNs 5056-008-016 & -017)* Approx. 13,500 SF total lot (approx. 6,750 SF per parcel)* Year-1 stabilized NOI: $194,170, a 6.70% cap rate on the asking price* Built 195562 | LAR4 zoning | 14 parking spaces | on-site laundry WHY IT STANDS OUT* 6 of 15 units (40%) are VACANT TODAY. They deliver straight to market with no cash-for-keys and no relocation.* Vacant units reset to market on lease-up under Costa-Hawkins, so a buyer creates value from...

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Home facts

  • Year built:1955
  • Listing ID #:26998265
  • Added:35 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Kitchen Description:Microwave, Refrigerator
  • Living area:4,752 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Central

Structure and exterior

  • Year built:1955
  • Building area:4,752 sq. ft.
  • Lot area:0.31 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$610.27

Parking

  • Parking description:Covered
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