AUCTION STYLE BIDDING BEGINS!!!! ORIGINALLY LISTED AT $2,570,000!!! MINIMUM ACCEPTABLE OPENING BID IS $1,470,000 SUBJECT TO SELLERS NON DISCLOSED RESERVE PRICE. AMAZING OPPORTUNITY with starting bid price at only $181/sf!!!! Unique and rare opportunity in the heart of Koreatown ideal for owner-users, investors, and developers! 830 S Hoover Street is… Read More listed at $1,470,000 and features a 6-unit commercial building in the front (with 3 units currently vacant perfect for an owner-user) and a 4-unit residential building in the rear, with separate rear access. The property offers 8,080 SF of interior space on a combined lot size of 11,314 SF, which includes the adjacent parcel at 840 S Hoover Street (off-market, offered at $1.83M). Both parcels are zoned C2 with TOC Tier 3, allowing for increased density, mixed-use, or multifamily development (buyer to verify with the City). Properties can be developed together or 840 can serve as a dedicated parking lot for 830. This versatile site is perfect for medical, dental, acupuncture, retail, salon, barbershop, car dealership, executive office, or creative studio. Located in a high-traffic Koreatown corridor, minutes from DTLA, major transit, and amenities. So much potential and upside! Drive-by only do not disturb tenants. Property to be sold as-is. Buyer to conduct their own due diligence. Submit offers with proof of funds. Contact listing agent for full details. Read Less
Courtesy of Philco Realty 213-219-7676
Listing Snapshot
Days Online
55
Last Updated
Property Type
Other
Beds
6
Square Ft.
8,080
Lot Size
0.14 Acres
Year Built
1966
MLS Number
25556523
30 Days Snapshot Of 90005
$1.03M
0%
(avg) sold price
0
-100%
homes sold
86
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
None
Building
8,080 sq ft, Built in 1966, Levels: Two
Cooling
Window Unit(s), Central
Disclosures
As Is
Floors
Wood Laminate
Garage
Assigned
Heating
Natural Gas
Lot
LotAcreage: 0.1449, LotSizeArea: 6,310
Parking
TotalParking: 6
Property
NumberOfUnits: 10, Zoning: LAC2
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