East Hollywood Multifamily Investment Opportunity

1145 N Hoover St, Los Angeles, CA 90029

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For Sale

Under Contract

$1,300,000

MULTI_FAMILY - Los Angeles, CA

Property size:

5,048 SF

Lot size:

0.14 Acres

Price / SF:

$257/SF

HighLights

Significant rental upside (approx. 70%) projecting a 10.72% CAP and 6.62 GRM.
Prime location on the East Hollywood/Silver Lake border, within walking distance to Sunset Junction's dining and retail scene.
Competitive pricing relative to other properties in the area.
Seven on‑site parking spaces, a valuable amenity.
Recent seismic retrofit completed, ensuring structural integrity and safety.
Two units recently renovated with modern finishes.

We can help!

Listing Contact

Max Berger

For Sale

Under Contract

$1,300,000

MULTI_FAMILY - Los Angeles, CA

Property size:

5,048 SF

Lot size:

0.14 Acres

Price / SF:

$257/SF

Added:: Apr 30, 2026
Days on Market:: 47
Last Refresh:: Jun 15 at 12:06 pm

Property Features for 1145 N Hoover St

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: LAR2
Bedrooms: 9
Bathrooms: 7
Rooms: Bathroom 4, Bedroom 6, Bedroom 2, Bedroom 3, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 6, Bedroom 8, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Bedroom 7, Bathroom 7, Bedroom 9
Parking: 7
Parking features: Covered
Standard status: Active Under Contract
APN: 5542-024-028
Size: 5,048 SF
Lot size: 0.14 Acres

Utilities

Cooling system: Window Unit(s)

Building Details

Year built: 1963
Floors in Building: 2
Number of units: 7
Architectural style: Other

We can help!

Listing Contact

Max Berger

Listing agent Max Berger License #02054048

Listing office Compass 9454 Wilshire Blvd. Suite 400, Los Angeles, CA

Listing date Apr 30, 2026

MLS# 26827903 Listing URL

HighLights

Significant rental upside (approx. 70%) projecting a 10.72% CAP and 6.62 GRM.
Prime location on the East Hollywood/Silver Lake border, within walking distance to Sunset Junction's dining and retail scene.
Competitive pricing relative to other properties in the area.
Seven on‑site parking spaces, a valuable amenity.
Recent seismic retrofit completed, ensuring structural integrity and safety.
Two units recently renovated with modern finishes.

Overview

Located in East Hollywood on the border of Silver Lake, this 7-unit complex at 1145 N. Hoover St. is within walking distance of Sunset Junction. Built in 1963, the property features a straightforward and functional layout, comprising two 2-bedroom/1-bath units and five 1-bedroom/1-bath units. The property includes approximately 7 on-site parking spaces. Recent improvements include completion of the seismic retrofit, along with ongoing maintenance. Two units have been recently renovated with laminate flooring, recessed lighting, updated kitchen and bath finishes, and stainless-steel appliances. The property has been under the same ownership for 47 years and has been well maintained. The location provides walkable access to Sunset Junction, known for its mix of cafes, restaurants, independent retailers, and concept-driven storefronts. The property is competitively priced on a per-unit and per-foot basis within a one-mile radius. The property is intended to be repositioned in one of Northeast LA's active rental pockets.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.284845
Latitude: 34.092175

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For sale
Apartment buildings
CA
Los Angeles
90029
1145 N Hoover St

What type of property is this?

Apartment building - Seven-unit complex near Silver Lake's Sunset Junction with rental upside.

Where is this apartment building located?

The property is located at 1145 N Hoover St Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Significant rental upside (approx. 70%) projecting a 10.72% CAP and 6.62 GRM.; Prime location on the East Hollywood/Silver Lake border, within walking distance to Sunset Junction's dining and retail scene.; Competitive pricing relative to other properties in the area.

1145 N Hoover St, Los Angeles, CA 90029

MULTI_FAMILY - Los Angeles, CA

Property Features for 1145 N Hoover St

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Los Angeles Commercial Investment Opportunity

Los Angeles Retail Opportunity

Prime Automotive Land in Los Angeles

Los Angeles Industrial Owner-User Opportunity

Eagle Rock Commercial/Residential Opportunity

Multifamily Property in Boyle Heights

Los Angeles Multifamily Investment Opportunity

Highland Park Multifamily Value-Add Opportunity

Four-Unit Residential Income Property

6-Unit Apartment Campus with ADU Plans

Adjacent 11-Unit Residential Income Properties

Apartment Income Property with Covered Parking

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