• HOOVER RESIDENCES - 971 S Hoover St, Los Angeles, CA 90006

For Sale

Office

For Sale

This property is available for sale
0.22
Acres
$3,990,000
Sale Price
  • Total Building Size
    27,817 RSF
  • 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.

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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 Type
    Office
  • Submarket
  • Sale Price
    $3,990,000
  • Total Building Size
    27,817RSF
  • Total Acres
    0.22
  • Property ID
    2155846

Landlord's Sales Representative

  • Tannaz Rahbar
    Tru Agent Real Estate