Property Detail

718 Hoover

Los Angeles CA 90029

$1,699,000

Status: Active

Property Details

Description

Reduced to sell! This is an incredible investment opportunity to own four one-bedroom, one-bathroom units in the heart of trendy Virgil Village just moments to the thriving social and creative scenes of iconic Silver Lake. Located just down the street from local fan favorites like Sqirl and Courage Bagels in one of the hottest rental areas in all of Los Angeles, this unique offering promises lasting value with a lot of upside. This charming classic building is a snapshot of LA's rich cultural history, with spaces updated and well-maintained over the years. Spacious units include gleaming original hardwood floors, decorative fireplaces, leaded picture windows, custom built-ins, and more. One unit will be delivered vacant, allowing the possibility to live in one while continuing to rent out the others for passive income flow. Bellevue Park and Recreation Center are just around the corner, the 101 Freeway is nearby, and DTLA is just a quick drive or public transit away. The Metro Vermont/Santa Monica station is also mere blocks away, serving the B Line (red) and connecting to all the city offers, including LAX some time in 2026 via the highly anticipated people mover system.

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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