">
Los Angeles, CA 90027,1542 N Hoover ST
Los Angeles, CA 90027,1542 N Hoover ST
Los Angeles, CA 90027,1542 N Hoover ST
$3,875,000
Est. payment /mo
$3,995,000
3.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9 Beds
9 Baths
5,276 SqFt
SOLD DATE : 07/05/2024

Key Details

Sold Price $3,875,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,276 sqft

Price per Sqft $734

MLS Listing ID 24381995

Bedrooms 9

Year Built 2024

Lot Size 6,250 Sqft

Property Description

Buy new and enjoy the benefits of this freshly constructed and 100% LEASED triplex at premium market rental rates. Take advantage of no rent control restrictions, individually-metered utilities, brand new systems, minimal maintenance inside and out, various included warranties, and so much more.Welcome to Los Feliz's most recent new construction development, a remarkable and uniquely luxurious property offering an exceptional opportunity for investors, ideally situated just a few blocks from Los Feliz' and Silver Lake's restaurant & retail offerings, allowing residents to experience the best of both vibrant communities. This multi-family gem consists of 2 luxurious townhomes and 1 spectacular upper flat, each boasting meticulous contemporary design by a national award-winning architect, including custom improvements typically only found in custom homes which drove the market setting rental rates.The three unit project is comprised of two nearly identical townhomes (a 4BR/4BA and a 3BR/3.5 BA with a dedicated office) and a 2BR/2BA upper flat each providing ample space for comfortable living. Upon entering these stunning units, you'll be greeted by a sense of style and sophistication. The interior spaces have been thoughtfully designed to create a welcoming atmosphere and maximize both natural light and the unobstructed views from all three units' second story windows and balconies. All three units feature ample private and usable outdoor space. The townhomes each feature private back and side yards, while the upper flat has a dedicated roof deck. Parking for each townhome is located in a private tandem garage, while the upper flat has a dedicated covered surface space.The attention to detail is evident throughout the property, with high-end finishes, top-of-the-line Bosch appliances in the kitchens, and custom improvements. These modern amenities not only enhance the functionality of the space but also add a touch of luxe to everyday living.One of the standout features of the upper flat is its massive private rooftop deck with an easily retractable shade canopy, serving as the perfect spot for shaded daytime entertaining, or enjoying a quiet evening under the stars. The deck offers breathtaking and unobstructed views of the surrounding neighborhood, downtown Los Angeles, the Hollywood Sign, and the Griffith Park Observatory.Location is key, and this property truly shines in that regard. Situated in trendy Los Feliz, the Gateway to Los Angeles' burgeoning East Side, the property is adjacent to Silver Lake, and in close proximity to Eagle Rock, and The Parks communities (Echo, Glassell, and Highland) providing residents with easy access to an array of shops, restaurants, cafes, and entertainment options. Immerse yourself in the exciting local culture or take advantage of the nearby outdoor spaces such as Griffith Park and Barnsdall Park.An attractive price per SqFt, Cap Rate, GRM and ACTUAL rents solidify this rare opportunity as a sound investment.

Location

State CA

County Los Angeles

Area 637 - Los Feliz

Zoning LAR2

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Laundry Stacked

Exterior

Parking Features Attached Carport, Driveway, Private

Garage Spaces 4.0

Garage Description 4.0

Community Features Gated

View Y/N Yes

View City Lights, Hills

Building

Story 2

Sewer Other

New Construction Yes

Others

Special Listing Condition Standard

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


California Regional MLS (CRMLS)
Listed by Corey Nelson • Robust Real Estate
Bought with Steven Kirshbaum • The Agency
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.