Property profile

981 Hoover St Los Angeles, CA 90006

OFF-MARKET
Commercial land
Property ID
US09-6348563
0.19 ac lot Built 1908
Entity Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1908
Lot 0.19 ac (8,110 SF)
Zoning code LAR4
APN 5076-006-009
UPID US09-6348563

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

981 Hoover St Los Angeles, CA 90006-1913
Los Angeles metro Census 213401 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$410k

Owner & transaction history

since 2006
6 recorded transactions
2025
Price N/A
2006
$5.3M
2005
$2.3M
2004
Price N/A
2004
$3.9M
1970
$35,000

Zoning & alternative use

LAR4 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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