Quadplex with RTI Expansion
For Sale
$1,679,000
225 S Hoover St, Los Angeles, CA 90004
Four occupied units accompany plans for four additional detached units with central air conditioning and in-unit laundry.
Property Size2,896 SF
Price / SF$579.77
Days on Market100
Property Features for 225 S Hoover St
General Information
Standard status
Active
Size
2,896 SF
Property subtype
MULTI_FAMILY
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Building Size
2,896 SF
Year Built
1948
Listing Agency:
Coldwell Banker Realty
Listed By:
Laura Markosian · License #01291002
(323) 333-1431
Source:
Carolinakramer
Added: Jul 10
Changed: Oct 5
Last Checked: Oct 16 at 3:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This quadplex property includes four existing units positioned at the front of the site, all reported fully occupied. The property also includes plans described as RTI-ready for four new detached units, allowing construction to proceed through the permit process while the existing units remain in service. The planned units are described as having four bedrooms and three bathrooms, with central A/C and inside laundry facilities.
Built in 1948, the property is located at 225 S Hoover St in Los Angeles. The surrounding context cited for the property includes proximity to the Wilshire corridor, Downtown Los Angeles, Hollywood, Griffith Park, and the Observatory.
Built in 1948, the property is located at 225 S Hoover St in Los Angeles. The surrounding context cited for the property includes proximity to the Wilshire corridor, Downtown Los Angeles, Hollywood, Griffith Park, and the Observatory.
Key Highlights
- Four existing units at the front of the property are fully occupied
- RTI‑ready plans for four new detached units
- Planned units described with four bedrooms and three bathrooms
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
4,326
Businesses Nearby
Explore this area
Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied units accompany plans for four additional detached units with central air conditioning and in-unit laundry.
Where is this quadplex located?
The property is located at 225 S Hoover St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,679,000.
What are key features of this property?
This property features: Four existing units at the front of the property are fully occupied; RTI‑ready plans for four new detached units; Planned units described with four bedrooms and three bathrooms
