1145 N Hoover St

Los Angeles, CA 90029

$2,050,000
Price
9
Beds
7
Baths
5,048 Sq. Ft.
$406 / Sq. Ft.
5,048
Sq. Ft.
$406
per Sq. Ft.
Listed By Compass
Listed By Compass
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Description

Welcome to 1145 N. Hoover St, a fully-leased 7-unit apartment building located in the prime East Hollywood/Silver Lake area. Situated in a vibrant neighborhood renowned for its diverse community, hip culture, and artistic vibe, this property offers a unique blend of artistic expression, outdoor beauty, community spirit, and urban convenience, making it a desirable place to call home for many residents. Some of the benefits of living in East Hollywood/Silver Lake include its close proximity to downtown...Welcome to 1145 N. Hoover St, a fully-leased 7-unit apartment building located in the prime East Hollywood/Silver Lake area. Situated in a vibrant neighborhood renowned for its diverse community, hip culture, and artistic vibe, this property offers a unique blend of artistic expression, outdoor beauty, community spirit, and urban convenience, making it a desirable place to call home for many residents. Some of the benefits of living in East Hollywood/Silver Lake include its close proximity to downtown Los Angeles, providing easy access to major freeways, public transportation, and cultural attractions. The property is also conveniently located near Sunset Junction, Erewhon Market, and the Vermont/Santa Monica Metro, offering residents a mix of urban living and a laid-back atmosphere. Built in 1963, this exceptional commercial real estate opportunity boasts several key attributes: 7 units consisting of 2 two-bedroom, one-bathroom units and 5 one-bedroom, one-bathroom units, 2 floors, Zoning: LAR2 and 7 designated parking spaces available on the premises, total living area of 5,048 sq feet, and Soft-Story Retrofitted. This well-maintained property presents a variety of desirable unit configurations, ensuring a versatile rental income stream. The property's convenient location and ample parking spaces contribute to its appeal to potential tenants, ensuring consistent occupancy levels. Ideal for investors seeking a lucrative real estate opportunity.

Property Details for 1145 North Hoover Street

Zoning
LAR2
Parcel Number
5542024028
Total Units
7.0
Living Area
5048
Source Living Area
Vendor Enhanced
Area
Silver Lake (671)
Vacancy Rate
0
Lot Size Area
6004
LISTING UPDATED: 04/27/2025 10:41 AM

Property Details for 1145 North Hoover Street

StatusActive
MLS #25523781
Days on Market243
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.14 AC / 6,004 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Timothy Xu, DRE #01703821; Compass, Jaime Garcia, DRE #02051294
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Building Information for 1145 North Hoover Street

Stories2Residences-Year Built1963Building Size-Lot Size0.14 AC / 6,004 SF

Payment Calculator

$10,498 per month

30 year fixed, 6.28% Interest

Principal and Interest

$10,130

Property Taxes

$368

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1145 North Hoover Street

Community / Development
Community / Development
  • Number Of Units: 7
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 7
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $102,912
  • Net Operating Income: $73,099.00
  • Gross Income: $103,776
  • Gross Rent Multiplier: $12.20
  • Total Annual Expense: 29813
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1378
  • Lot Size Square Feet: 6004
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 7
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Gas Or Electric Dryer Hookup
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 04-18-2025
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $6,288.00
  • Unit Actual Rent: $6,288.00
  • Unit Projected Rent: $9,000.00
  • Like Units: 5
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,360.00
  • Unit Actual Rent: $2,360.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $214,474.00
  • Assessed Improvement Percent: 80.95
  • Assessed Land Value: $50,480.00
  • Assessed Land Percent: 19.05
  • Assessed Total Value: $264,954.00

Property History for 1145 North Hoover Street

DateEvent & SourcePriceAppreciation
Apr 16, 2025

Listed (Active)

CLAW #25523781

$2,050,000—
Apr 16, 2025

Listed (Active)

CRMLS #25523781

$2,050,000—
DateEvent & SourcePrice
04/16/2025

Listed (Active)

CLAW #25523781

$2,050,000
04/16/2025

Listed (Active)

CRMLS #25523781

$2,050,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1145 North Hoover Street

Taxable ValueLand$51,489Additions$218,763Total$270,252
Tax Record2025$4,414 ($368 / month)
Home Facts
Total Finished SqFt5,048 SqFtAbove Grade Finished SqFt5,048 SqFtLot Size6,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningLAR2CountyLOS ANGELESAPN5542-024-028

Schools near 1145 North Hoover Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Lockwood Avenue Elementary School
Public - K to 6
Thomas Starr King Middle School
Public - 6 to 8
John Marshall Senior High School
Public - 9 to 12
Lexington Avenue Primary Center
Public - K to 2
Rating
School
Distance
Lockwood Avenue Elementary School
PublicK to 6

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Lexington Avenue Primary Center
PublicK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1145 North Hoover Street, Los Angeles, CA 90029

1145 North Hoover Street is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on April 16, 2025 by Compass, it's currently listed at $2,050,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Lockwood Avenue Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 1145 North Hoover Street is a 9-bed, 7-bath, 5,048 sqft multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Timothy Xu, DRE #01703821; Compass, Jaime Garcia, DRE #02051294

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.