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970 N Hoover St Los Angeles, CA 90029

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For Sale
$995,000

14-unit development opportunity in prime Silverlake location.

Lot size:
0.13 Acres

Property Features for 970 N Hoover St

General Information

Standard status
Active
Lot size
0.13 Acres

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Listing Contact
Steven D. Ito
Source: Corcoran

Listing Agent: Steven D. Ito

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Silverlake Development Opportunity, RTI Ready

This is a development opportunity featuring a 14-unit project with Ready-To-Issue (RTI) plans. The property is located in Silverlake, within walking distance of the Erewhon market on Santa Monica Boulevard and the Sunset Junction. The area is characterized by high rents and low vacancy rates, with convenient access to public transportation. The unit mix includes 10 studios and 4 one-bedroom apartments, catering to the high demand for new construction rental units. The property is priced under $1M and the seller has completed the entitlement process.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.28403
Latitude
34.05316

FAQs

What type of property is this?
Apartment building - 14-unit development opportunity in prime Silverlake location.
Where is this apartment building located?
The property is located at 970 N Hoover St Los Angeles, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: - RTI (Ready-To-Issue) permits for a 14-unit development.; - Prime Silverlake location, walking distance to Erewhon market and Sunset Junction.; - Excellent unit mix: 10 studios and 4 one-bedroom apartments.
More about this property
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