Multifamily listing
563 n hoover st
sold in
Silver Lake
11 Unit Trophy Asset in Silver Lake
Sold At
$
7,865,000
11
Number of Units
2019
Year Built
11,143
SF
Square Footage
15,004
SF
Lot Size
LAR2 & LAR3
Zoning
563 N Hoover St , Los Angeles, CA 90004
About the Property
The Kenny Stevens Team is pleased to present 563 N HooverSt, a newly constructed 11 unit multi-family building located in one of LA’s trendiest neighborhoods. This street-to-street double lot comprises two addresses: 563 N. Hoover and 560 N. Commonwealth. With an impressive condo-quality build, this asset boasts an attractive unit mix of (7) three-bdrm. units, (1) two-bdrm. unit, and (3) one-bdrm. units. These units are equipped with high-end appliances, luxurious finishes, state-of-the-art technology/security system, and spectacular views of the Hollywood Hills and DTLA. Located near an abundance of popular boutiques and eateries, this investment property provides a great long-term opportunity for any type of investor.
563 N Hoover St.
Northeast LA
Listed Price
$
Number of Units
11 Units
Price per. Unit
$392,000
Bldg. Size
11,143 SF
Price per Foot
$706
Lot Size
15,004 SF
Year Built
2019
Current CAP
4.56%
Market CAP
4.56%
Zoning
LAR2 & LAR3
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$392,000
Price p/ Sq. ft.
$706
Proforma Cap Rate
4.56%
Contact
Sales agent
Video
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