Listing Provided Courtesy Of:
Bruce Jay with Bruce Jay Associates - 323-667-1000
517 N Hoover Street, Los Angeles, CA
$ 2,175,000
Property Attributes
  • MLS#19442388
  • TypePending
  • CityLos Angeles
  • AreaSilver Lake - Echo Park
  • Zip90004
  • Style
  • Price$ 2,175,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1093
  • Lot Size7,499 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

THE MARKET HAS MET THIE PRICE FOR THESE 2 LOT PRIME DEVELOPMENT SITES: R3 TIER 3 TWO LOTS 15k SF! TWO LOTS, THIS IS ONE OF THEM, BOTH R3 DEVELOPMENT SITES!! DO NOT DISTURB OCCUPANTS! The HOOVER DEVELOPMENT SITE is a Remarkable Opportunity for 2 SIDE BY SIDE LOTS, approximately 15,000 Sq.Ft. Total for Both Lots (must be sold concurrently). Zoned LAR3, TOC TIER 3. Both Lots are: 511 N. Hoover (APN 5539-028-014) and 517 N. Hoover (APN 5539-028-013). Currently 2 Craftsman Homes, both Owner Occupied. Nothing under Rent Control! Located in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Our Hypothetical Analysis assumes a Developer might be able to Entitle the Development for possibly 33 to hopefully 40 Residential Units, subject to City approval. Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $300 Per Square Foot!

Price History
3/10/2019 Listed $2,175,000

General Features

Garage Y/N Yes
Listing Agent Bruce Jay - BRE#00559166
Listing Agent State License 00559166
Lot Size Square Feet 7499
MLS Area C21 - Silver Lake - Echo Park
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Pending
Total Units 1
Zoning LAR3

Exterior Features

Lot Size Acres 0.1722
Lot Size Area 7499
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Garage, Tandem
Total Parking 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90004

AVG $1.67M
AVG 109
Year Built
AVG 1957
AVG 84
Data Provided by Walkscore ® not using MLS data

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