HOOVER RESIDENCES - 971 S Hoover St, Los Angeles, CA 90006
For Sale
For Sale
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Total Building Size
27,817 RSF
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Overview
BUY AND BUILD. NON RENT CONTROLLED. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millenial population of the LA area.
Property Details
BUY AND BUILD. NON RENT CONTROLLED. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION. Development opportunity for 39 Apartment units in an excellent Koreatown location with the first parking level going down only 5 feet of excavation and the balance of the construction to be built ABOVE GRADE! 25(+3) Parking spaces on 2 levels, plus 5 levels of residential and a roof deck. Very efficient design for a Class A apartment building project geared towards the affluent Millenial population of the LA area.
- Property TypeOffice
- Submarket
- Sale Price$3,990,000
- Total Building Size27,817RSF
- Total Acres0.22
- Property ID2155846