1145 N Hoover St, Los Angeles, CA 90029
1145 N Hoover St, Los Angeles, CA 90029
1145 N Hoover St, Los Angeles, CA 90029
18
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$1,300,000
Est. payment /mo
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9 Beds
7 Baths
5,048 SqFt
Active Under Contract

1145 N Hoover St Los Angeles, CA 90029

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Herman Singh

Herman Singh

+1(718) 679-7822

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,048 sqft

Price per Sqft $257

MLS Listing ID 26827903

Style Low Rise

Bedrooms 9

Year Built 1963

Lot Size 6,001 Sqft

Acres 0.1378

Property Sub-Type Multi-Family

Property Description

1145 N. Hoover St. is a 7-unit East Hollywood complex on the border of Silver Lake, within walking distance to Sunset Junction. With approx. 70% rental upside supported by renovated comps in the immediate area, the property is projected to stabilize at a 10.72% CAP and 6.62 GRM. Situated just off Sunset Blvd., residents are within walking distance of Sunset Junction, a stretch defined by a mix of long-standing cafes, restaurants, independent retailers, and newer concept-driven storefronts that continue to reshape the corridor. Silver Lake has maintained its relevance over the past decade through a combination of established identity and ongoing reinvestment, with publications such as Eater LA and Los Angeles Times continuing to highlight the neighborhood's evolving dining and retail landscape. Built in 1963, the property consists of (2) 2-bdrm. / 1-bath units and (5) 1-bdrm. / 1-bath units. The layout is straightforward and functional, supported by approx. 7 on-site parking spaces, a meaningful feature in a neighborhood where parking availability directly impacts tenant demand. Two units have recently been renovated with laminate flooring, recessed lighting, updated kitchen and bath finishes, and stainless-steel appliances, providing a clear reference point for future interior upgrades. The property has been held by the same ownership for 47 years and has been well maintained over that period. Recent improvements include completion of the seismic retrofit, along with ongoing maintenance that supports the building's current condition. In addition to its operational profile, the property stands out on a relative basis. Within a one-mile radius, it is among the more competitively priced offerings on both a per-unit and per-foot basis, reinforcing its positioning against current on-market inventory. With walkable access to Sunset Junction, a pricing profile that stands out relative to current inventory, and approx. 70% rental upside supported by nearby renovations, 1145 N. Hoover St. offers a clear path to repositioning in one of Northeast LA's most active rental pockets.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Window Unit(s)

Equipment Built-Ins, Range/Oven, Refrigerator, Other

Laundry None

Exterior

Parking Features Uncovered, Covered Parking

Garage Spaces 7.0

View Y/N No

View None

Building

Story 2

Architectural Style Low Rise

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

NEARBY SCHOOL & BUSINESS

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Herman Singh

Herman Singh

Broker

+1(718) 679-7822

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1145 N Hoover St