900 North Hoover Street

Los Angeles, CA 90029

$2,600,000
Last Sold Price
Studio
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The Sanctum Artiste – originally a church and synagogue located in Silver Lake, Los Angeles now thrives as a non-rent controlled boutique apartment community comprised of six (6) two-bedroom / two-bath townhouse + loft-style units, with a total building square footage of roughly 7,662 square feet. Originally constructed in 1926 as a place of worship, The Sanctum Artiste was granted a new certificate of occupancy in 2013. The property sits on an R3 lot totaling roughly 6,510 sq., ft. Parking includes...

Property Details for 900 North Hoover Street

Parking Spaces Total
8
Private Pool
No

Location

Listing Courtesy of Keller Williams Realty Calabasas, Raymond Rodriguez, DRE #01402283

Sold By Keller Williams Beverly Hills, Paulina Manessi, DRE #01924510

Building Information for 900 North Hoover Street

Stories1Residences-Year Built1926Building Size-Lot Size0.15 AC / 6,510 SF

Payment Calculator

$9,352 per month

30 year fixed, 3.51% Interest

Principal and Interest

$9,352

Property Taxes

HOA Dues

$0

Property Information for 900 North Hoover Street

Property Features
    Interior Features
  • Common Walls: 1 Common Wall
  • Laundry: Yes
  • Laundry Features: Community
  • Levels: One
  • Total Units: 6.0
    Exterior Features
  • Pool Features: None
    Parking Info
  • Garage Spaces: 8
    Water Details
  • Water Source: See Remarks
Property / Structure Info
    Property / Structure Info
  • New Construction: No
  • Property Attached YN: true
  • Parcel Number: 5427004007
  • Property Type: Residential Income
  • Stories Total: 1
  • Year Built: 1926
    Measurements / Dimensions
  • Building Area Total: 7662
  • Building Area Units: Square Feet
Community/Development / Location Info
    School/Location Info
  • Status: Closed
  • Zip Code: 90029
  • Street Number Numeric: 900.0
  • Street Name: Hoover
  • Street Direction Prefix: N
  • Street Suffix: Street
  • Country: US
  • County Or Parish: Los Angeles
  • Directions: Hoover and Burns ave
  • MLS Area Major: Silver Lake (671)
    Association Information
  • Community Features: Urban
  • Senior Community: No
Income / Expense / Tax / Assessment Details
    Tax / Assessment Info
  • Tax Census Tract: 1959.01
  • Tax Lot: 4
  • Tax Tract Number: 0
  • Zoning: LAR3
    Income Details
  • Cap Rate: 4.29
  • Gross Income: $181,200
  • Gross Multiplier: 15.98
  • Gross Scheduled Income: $181,200
  • Net Operating Income: $124,245
    Expense Details
  • Electric Expense: $0
  • Fuel Expense: $0
  • Insurance Expense: $2,682
  • Maintenance Expense: $3,000
  • New Taxes Expense: $36,188
  • Operating Expense: $51,519
  • Other Expense: $1,200
  • Other Expense Description: misc
  • Professional Management Expense: $0
  • Total Expenses: $51,519
  • Trash Expense: $1,250
  • Water Sewer Expense: $7,200
Unit Information
    Multi-Unit Info
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Leased: 6
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
Rental Info
    Rental Info
  • Rent Controlled: No
  • Total Actual Rent: $181,200
Land/Lot Info
    Land/Lot Info
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6510
  • Lot Size Units: Square Feet
Listing / Showing Information / Virtual Tour
    Showing Info
  • List Price: 2600000.0

Property History for 900 North Hoover Street

DateEvent & SourcePriceAppreciation
Jan 10, 2020

Listed (Active)

CRMLS #20542798

$4,095,000
Jul 24, 2018

Sold (Public Records)

Public Record #626424671

$2,600,000
Jul 24, 2018

Sold (Public Records)

Public Record #626424671

$2,600,000

+6.1% / yr

DateEvent & SourcePrice
01/10/2020

Listed (Active)

CRMLS #20542798

$4,095,000
07/24/2018

Sold (Public Records)

Public Record #626424671

$2,600,000
07/24/2018

Sold (Public Records)

Public Record #626424671

$2,600,000

+6.1% / yr

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

Public Records for 900 North Hoover Street

Taxable ValueLand$1,200,000Additions$1,400,000Total$2,600,000
Tax Record2018$27,002
Home Facts
Beds6Finished Sq.Ft.7,662 SqFtLot Size6,510 SqFtStyleMulti-Family Res (5+ Units)Year Built1926Year Renovated1975ZoningLAR3CountyLOS ANGELESAPN5427004007

Schools near 900 North Hoover Street

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
Lockwood Avenue Elementary SchoolPublicK-60.3 mi
3
Blind Childrens Center, Inc.PrivateK-20.4 mi
NR
Lexington Avenue Primary CenterPublicK-20.4 mi
NR
St. Francis Of Assisi Elementary SchoolPrivateK-80.5 mi
NR

Lockwood Avenue Elementary School

K-6, 0.3 mi, Public

3

Blind Childrens Center, Inc.

K-2, 0.4 mi, Private

NR

Lexington Avenue Primary Center

K-2, 0.4 mi, Public

NR

St. Francis Of Assisi Elementary School

K-8, 0.5 mi, Private

NR

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.

Property Details for 900 North Hoover Street

StatusSold
MLS #SR17264376
Year Built1926
DOM177
Compass TypeTownhouse
MLS TypeResidential Income
Lot Size0.15 AC / 6,510 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyLos Angeles County

Listing Agent

Raymond Rodriguez

Keller Williams Realty Calabasas

ray@aptbldgtrader.com

P: 818.657.6500

M: 818.581.5829

DRE #01402283

Contact Agent(s)

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All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements and Compass expressly disclaims any liability in connection with such measurements.
Listing Courtesy of Keller Williams Realty Calabasas, Raymond Rodriguez, DRE #01402283
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