Rare development opportunity. Calling to all investors, builders & developers.There is a 4 existing units in the front of the property fully occupied, and RTI ready to pull permits and start construction of new detached 4 units. All 4 bedrooms & 3 bathrooms with central A/C and inside laundry unit.You can start building your new 4 units by meantime receiving the rent income from the front units. This unique Project is ideally located just minutes from the vibrant Wilshire corridor, L.A. Downtown, Hollywood Griffith park, Observatory.Outstanding rental district.
For sale
$1,849,000
225 S Hoover St, Los Angeles, CA 90004
6beds
4baths
2,896sqft
:
Get pre-qualified$12,273/mo
Multi Family
Built in 1948
-- sqft lot
$1,783,900 Zestimate®
$638/sqft
$-- HOA
What's special
- 13 days |
- 50 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Laura Markosian DRE # 01291002 323-333-1431,
Coldwell Banker Realty 323-464-9272
Source: CLAW,MLS#: 26858467
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Wall
Cooling
- Air Conditioning, Wall/Window Unit(s)
Appliances
- Included: Refrigerator, Range/Oven
Interior area
- Total structure area: 2,896
- Total interior livable area: 2,896 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage Is Detached
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 7,988 Square Feet
Details
- Additional structures: Other
- Parcel number: 5501019011
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1948
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $638/sqft
- Tax assessed value: $1,731,889
- Annual tax amount: $21,092
- Date on market: 7/10/2026
- Total actual rent: 8831
Estimated market value
$1,783,900
$1.69M - $1.87M
$2,138/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listed for sale | $1,849,000+15.6%$638/sqft |
Source:  CLAW #26858467 Report a problem | ||
| 10/27/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 10/15/2021 | Listed for rent | $1,795$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 9/4/2021 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 8/4/2021 | Price change | $1,795+2.6%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 8/2/2021 | Price change | $1,750+3.2%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 7/31/2021 | Listed for rent | $1,695-29.2%$1/sqft |
Source: Zillow Rental Network_1 Report a problem | ||
| 6/29/2021 | Sold | $1,600,000+336%$552/sqft |
Source: Public Record Report a problem | ||
| 1/1/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/12/2020 | Price change | $2,395-2.2%$1/sqft |
Source: Owner Report a problem | ||
| 12/1/2020 | Price change | $2,450-3.9%$1/sqft |
Source: Owner Report a problem | ||
| 10/28/2020 | Listed for rent | $2,550+30.8%$1/sqft |
Source: Owner Report a problem | ||
| 3/3/2020 | Listing removed | $1,950$1/sqft |
Source: Christopher Report a problem | ||
| 2/23/2020 | Price change | $1,950-2.5%$1/sqft |
Source: Christopher Report a problem | ||
| 1/25/2020 | Listed for rent | $2,000-21.6%$1/sqft |
Source: Lux Motion Report a problem | ||
| 8/12/2019 | Listing removed | $2,550$1/sqft |
Source: N/A Report a problem | ||
| 5/15/2019 | Price change | $2,550-1.9%$1/sqft |
Source: Owner Report a problem | ||
| 4/11/2019 | Price change | $2,600-8.8%$1/sqft |
Source: Owner Report a problem | ||
| 3/24/2019 | Listed for rent | $2,850+14%$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 12/24/2018 | Listing removed | $2,500$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 12/8/2018 | Price change | $2,500+38.9%$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 12/3/2018 | Listed for rent | $1,800$1/sqft |
Source: Zillow Rental Network Report a problem | ||
| 10/29/2002 | Sold | $367,000+29.9%$127/sqft |
Source: Public Record Report a problem | ||
| 8/2/2001 | Sold | $282,500+28150%$98/sqft |
Source: Public Record Report a problem | ||
| 3/20/1995 | Sold | $1,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,092 +0.9% | $1,731,889 +2% |
| 2024 | $20,900 +6% | $1,697,932 +6.1% |
| 2023 | $19,724 +0.9% | $1,600,000 -2% |
| 2022 | $19,552 +211.5% | $1,632,000 +232.4% |
| 2021 | $6,277 -0.9% | $491,041 +1% |
| 2020 | $6,335 | $486,007 +2% |
| 2019 | $6,335 +5.5% | $476,478 +2% |
| 2018 | $6,003 | $467,136 +2% |
| 2017 | $6,003 +2.1% | $457,978 +2% |
| 2016 | $5,880 +2.7% | $448,999 +1.5% |
| 2015 | $5,724 +0.6% | $442,256 +2% |
| 2014 | $5,690 | $433,593 +2.5% |
| 2012 | -- | $423,172 +2% |
| 2011 | -- | $414,876 +0.8% |
| 2010 | -- | $411,777 -0.2% |
| 2009 | -- | $412,757 +2% |
| 2008 | -- | $404,665 +2% |
| 2007 | -- | $396,731 +2% |
| 2006 | -- | $388,953 |
| 2005 | -- | $388,953 +4% |
| 2004 | -- | $373,851 +1.9% |
| 2003 | -- | $367,000 +29.9% |
| 2002 | -- | $282,500 +60.5% |
| 2000 | -- | $176,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rampart Village
Nearby schools
GreatSchools rating
- 6/10Commonwealth Avenue Elementary SchoolGrades: K-5Distance: 0.1 mi
- 7/10Virgil Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 1.4 mi
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