Centrally located 4-unit property, pride of ownership 2 story building located on the corner of Olympic and Hanover. Apartments are each 1 bedroom and 1 bathroom, they each have tankless water heaters, individual garages and parking outside of garage. Property has copper plumbing, granite counter tops at bathrooms and kitchens. Laminate flooring, and double pane windows, sprinkler system. Do not disturb tenants!
Sold for $1,075,000
Listed by: DRS Brokers • Socorro Garcia • Contact: 323-727-7888
Bought with: Marcus & Millichap
$1,075,000
1201 Hanover Ave, Los Angeles, CA 90022
4beds
4baths
2,678sqft
Quadruplex
Built in 1951
-- sqft lot
$1,060,400 Zestimate®
$401/sqft
$2,719 Estimated rent
Home value
$1,060,400
$954,000 - $1.18M
$2,719/mo
Zestimate® history
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List your homeWhat's special
Granite counter topsSprinkler systemTankless water heatersIndividual garagesDouble pane windowsLaminate flooring
Zillow last checked:
Listing updated:
Listed by:
Socorro Garcia DRE #00855937 323-727-7888,
DRS Brokers
Bought with:
Kian Maronde, DRE #01952189
Marcus & Millichap
Source: CRMLS,MLS#: DW25118225
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- None
Cooling
- None
Appliances
- Laundry: None
Features
- Flooring: Laminate
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,678
- Total interior livable area: 2,678 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 5,312 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6338011001
- Zoning: LCR3YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $401/sqft
- Tax assessed value: $615,704
- Annual tax amount: $9,647
- Date on market: 5/27/2025
- Cumulative days on market: 6 days
- Listing terms: Cash,Cash to New Loan,Conventional
- Total actual rent: 5000
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/1/2025 | Sold | $1,075,000-10.3%$401/sqft |
Source:  CRMLS #DW25118225 Report a problem | ||
| 6/3/2025 | Pending sale | $1,199,000$448/sqft |
Source: CRMLS #DW25118225 Report a problem | ||
| 5/28/2025 | Listed for sale | $1,199,000+139.8%$448/sqft |
Source: CRMLS #DW25118225 Report a problem | ||
| 10/29/2012 | Sold | $500,000$187/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,647 +3.5% | $615,704 +2% |
| 2024 | $9,324 +3.7% | $603,632 +2% |
| 2023 | $8,988 +3.1% | $591,798 +2% |
| 2022 | $8,714 +3.2% | $580,196 +2% |
| 2021 | $8,444 +0.6% | $568,820 +1% |
| 2020 | $8,390 | $562,988 +2% |
| 2019 | $8,390 +1.2% | $551,950 +2% |
| 2018 | $8,289 | $541,128 +2% |
| 2017 | $8,289 +2% | $530,518 +2% |
| 2016 | $8,124 +2.1% | $520,116 +1.5% |
| 2015 | $7,957 +7.3% | $512,304 +2% |
| 2014 | $7,417 | $502,270 +25.6% |
| 2012 | -- | $400,000 |
| 2011 | -- | $400,000 -19.8% |
| 2010 | -- | $498,815 +39.2% |
| 2009 | -- | $358,464 +2% |
| 2008 | -- | $351,436 -23.9% |
| 2007 | -- | $461,533 +130.8% |
| 2006 | -- | $199,994 |
| 2005 | -- | $199,994 +4% |
| 2004 | -- | $192,230 +1.9% |
| 2003 | -- | $188,707 +2% |
| 2002 | -- | $185,008 +4% |
| 2000 | -- | $177,826 |
Find assessor info on the county website
Neighborhood: 90022
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Montebello Park Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10Eastmont Intermediate SchoolGrades: 6-8Distance: 0.7 mi
- 6/10Schurr High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$1,060,400
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Estimated market value
$1,060,400
- California
- Los Angeles County
- East Los Angeles
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- 1201 Hanover Ave
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