THE MARKET HAS MET THIE PRICE FOR THESE 2 LOT PRIME DEVELOPMENT SITES: R3 TIER 3 TWO LOTS 15k SF! TWO LOTS, THIS IS ONE OF THEM, BOTH R3 DEVELOPMENT SITES!! DO NOT DISTURB OCCUPANTS! The HOOVER DEVELOPMENT SITE is a Remarkable Opportunity for 2 SIDE BY SIDE LOTS, approximately 15,000 Sq.Ft. Total for Both Lots (must be sold concurrently). Zoned LAR3, TOC TIER 3. Both Lots are: 511 N. Hoover (APN 5539-028-014) and 517 N. Hoover (APN 5539-028-013). Currently 2 Craftsman Homes, both Owner Occupied. Nothing under Rent Control! Located in the Los Angeles City Transit Oriented Communities Affordable Housing Incentive Guidelines (TOC Guidelines) in a TIER 3 Area! Our Hypothetical Analysis assumes a Developer might be able to Entitle the Development for possibly 33 to hopefully 40 Residential Units, subject to City approval. Located close to a Wide Variety of Dining & Hot Spots, as well as Private and Public Schools. Priced to Sell NOW at UNDER $300 Per Square Foot!
Sold for $1,817,500
$1,817,500
517 N Hoover St, Los Angeles, CA 90004
2beds
1baths
1,093sqft
MultiFamily
Built in 1910
-- sqft lot
$1,237,800 Zestimate®
$1,663/sqft
$2,886 Estimated rent
Home value
$1,237,800
$978,000 - $1.52M
$2,886/mo
Zestimate® history
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$11,459/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Other
Cooling
- Other
Interior area
- Total interior livable area: 1,093 sqft
Property
Parking
- Total spaces: 1
Lot
- Size: 7,501 Square Feet
Details
- Additional structures: Other
- Parcel number: 5539028013
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1910
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $1,663/sqft
- Tax assessed value: $1,853,850
- Annual tax amount: $22,275
Price history
| Date | Event | Price |
|---|---|---|
| 12/14/2023 | Sold | $1,817,500$1,663/sqft |
Source: Public Record Report a problem | ||
| 10/15/2020 | Sold | $1,817,500-16.4%$1,663/sqft |
Source: Public Record Report a problem | ||
| 10/29/2019 | Pending sale | $2,175,000$1,990/sqft |
Source:  CLAW #19-442388 Report a problem | ||
| 11/7/2018 | Listed for sale | $2,175,000+5623.7%$1,990/sqft |
Source: Bruce Jay Associates #19442388 Report a problem | ||
| 7/30/1998 | Sold | $38,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,275 +1092.5% | $1,853,850 +1408% |
| 2024 | $1,868 -91.9% | $122,932 -93.5% |
| 2023 | $23,073 +4.9% | $1,890,927 +2% |
| 2022 | $21,995 +1.2% | $1,853,850 +2% |
| 2021 | $21,739 +1140.4% | $1,817,500 +1485.2% |
| 2020 | $1,752 | $114,657 +2% |
| 2019 | $1,752 +9.5% | $112,410 +2% |
| 2018 | $1,601 | $110,207 +2% |
| 2017 | $1,601 +2.1% | $108,047 +2% |
| 2016 | $1,568 +2.8% | $105,929 +1.5% |
| 2015 | $1,525 +0.3% | $104,339 +2% |
| 2014 | $1,521 | $102,296 +2.5% |
| 2012 | -- | $99,839 +2% |
| 2011 | -- | $97,882 +0.8% |
| 2010 | -- | $97,152 -0.2% |
| 2009 | -- | $97,384 +2% |
| 2008 | -- | $95,475 +2% |
| 2007 | -- | $93,604 +2% |
| 2006 | -- | $91,770 |
| 2005 | -- | $91,770 +4% |
| 2004 | -- | $88,209 +1.9% |
| 2003 | -- | $86,593 +2% |
| 2002 | -- | $84,896 +4% |
| 2000 | -- | $81,600 |
Find assessor info on the county website
Neighborhood: Hollywood
Nearby homes
- $1,020,9004 bd3 ba1.8k sqft523 N Hoover St, Los Angeles, CA 90004Off Market
- $1,215,5002 bd1 ba965 sqft511 N Hoover St, Los Angeles, CA 90004Off Market
- $1,496,600-- bd-- ba2.6k sqft507 N Hoover St, Los Angeles, CA 90004Off Market
- $--1 bd1 ba-- sqft140-151 N Hoover St #776F18CCB, Los Angeles, CA 90004Off Market
- $--2 bd2 ba-- sqft140-151 N Hoover St #F320A52C6, Los Angeles, CA 90004Off Market
- $---- bd1 ba350 sqft151 1/2 N Hoover St #11, Los Angeles, CA 90004Off Market
- $---- bd1 ba-- sqft161 1/2 N Hoover St, Los Angeles, CA 90004Off Market
- $1,162,9003 bd3 ba1.6k sqft213 1/2 N Hoover St, Los Angeles, CA 90004Off Market
Nearby schools
GreatSchools rating
- 6/10Dayton Heights Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Thomas Starr King Middle SchoolGrades: 6-8Distance: 1.1 mi
- 8/10John Marshall Senior High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$1,237,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,237,800
- California
- Los Angeles County
- Los Angeles
- 90004
- Hollywood
- 517 N Hoover St
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