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Off market
  • $3,194,200

    971 S Hoover St, Los Angeles, CA 90006

    0beds
    0baths
    27,847sqft
    SingleFamily
    Built in 2020
    9,465 Square Feet Lot
    $3,194,200 Zestimate®
    $115/sqft
    $3,076 Estimated rent

    Home value

    $3,194,200

    $2.56M - $3.99M

    $3,076/mo

    Zestimate® history
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    $3,076/mo

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    Rent Zestimate®

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    $20,223/mo

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    $20,223/mo

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    What's special

    BUY AND BUILD. NON RENT CONTROLLED*. FULLY RTI AND SHOVEL READY NOW: BUILDING PERMITS PAID! ABOVE GRADE CONSTRUCTION.DELIVERED VACANT. 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 Millennial population of the LA area. Washer/Dryer in each unit. Land is 9,463 sf, Zoned R4-1 TOC TIER 3. Walk Score 94. NO RSO. NO ELLIS. NO LINKAGE FEE. *4 units are affordable. 35 units are NON RENT CONTROLLED. All rent amounts are estimated projections.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Cooling
    • None
    Interior area
    • Total interior livable area: 27,847 sqft

    Property

    Parking
    • Total spaces: 27
    Lot
    • Size: 9,465 Square Feet
    Details
    • Parcel number: 5076006028

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 2020

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $8,472,025
    • Annual tax amount: $101,158

    Price history

    DateEventPrice
    3/11/2021Sold$3,300,000-10.6%$119/sqft
    Source: Public Record Report a problem
    12/8/2020Pending sale$3,690,000$133/sqft
    Source: Keller Williams Brentwood Estates #20-576286 Report a problem
    11/5/2020Price change$3,690,000-5.1%$133/sqft
    Source: Keller Williams Rlty Brentwood #20576286 Report a problem
    8/3/2020Pending sale$3,890,000$140/sqft
    Source: Keller Williams Brentwood Estates #20-576286 Report a problem
    6/8/2020Price change$3,890,000-2.5%$140/sqft
    Source: Keller Williams Brentwood Estates #20-576286 Report a problem
    5/5/2020Listed for sale$3,990,000+175.2%$143/sqft
    Source: Keller Williams Rlty Brentwood #20576286 Report a problem
    11/22/2016Sold$1,450,000+190%$52/sqft
    Source: Public Record Report a problem
    1/6/2004Sold$500,000+42.9%$18/sqft
    Source: Public Record Report a problem
    2/3/2000Sold$350,000$13/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$101,158 +39.5%$8,472,025 +41.2%
    2024$72,503 +46.8%$6,001,986 +47%
    2023$49,401 +16%$4,083,320 +12.9%
    2022$42,572 +124.9%$3,616,000 +132.7%
    2021$18,931 $1,554,095 +1%
    2020-- $1,538,751 +2%
    2019$18,896 +3.8%$1,508,580 +2%
    2018$18,199 $1,479,000 +2%
    2017$18,199 +2.2%$1,450,000 +141.5%
    2016$17,808 +136.7%$600,515 +1.5%
    2015$7,525 -0.1%$591,495 +2%
    2014$7,534 $579,909 +2.5%
    2012-- $565,971 +2%
    2011-- $554,874
    Find assessor info on the county website

    Neighborhood: Koreatown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,194,200
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    Estimated market value
    $3,194,200