NOT LISTED FOR SALE

718 N Hoover St Los Angeles, CA 90029

Estimated Value: $1,328,000 - $2,493,000

4 Beds
4 Baths
3,912 Sq Ft
$491/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $1,365,000 $349 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $12,747/month

309 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • 3-minute walk to Bellevue Park Recreation Center
  • John Marshall Senior High Rated A
  • Gated Home

About This Home

As of January 2017

This four-unit apartment building in Silver Lake sits on a hilltop affording gorgeous views from the second floor units. This beautifully-maintained property is located near restaurants and shopping at Sunset Junction. Each of the large one-bedroom apartments has beautiful hard wood floors, private laundry rooms, decorative fireplaces and molding. Covered parking for each unit is securely located at the back of the property accessed from a private, gated driveway. Convenient to Downtown LA and close proximity to the Redline Subway at the Vermont Santa Monica Station. Solid investment property with 4.13 percent cap rate. PLEASE DO NOT DISTURB TENANTS. Building in turnkey condition with stable tenants!

Last Agent to Sell the Property

Jason Woodruff

Keller Williams Hollywood Hills License #01720468 Listed on: 01/06/2016

Keller Williams Hollywood Hills

Last Buyer's Agent

Joshua F. Smith

Compass License #01739044

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,831

Year Built

  • Built in 1922

Lot Details

  • 5,743 Sq Ft Lot
  • Gated Home

Interior Spaces

  • 3,912 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Gated Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5427-011-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,831

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3912
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 357.62

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking, Gated
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Security: Gated
  • Water Expense: 2761.00

Fee Information

  • Insurance Expense: 823.00
  • Maintenance Expense: 1251.00

Lot Info

  • Assessed Improvement Value: 120504
  • Assessed Land Value: 445878
  • Assessor Parcel Number: 5427-011-019
  • Geocode Override: No
  • Lot Description: Fenced
  • Lot Size Area: 5743

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 20.00
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 22335
  • Type Of Units: Unit
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 17500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 10, 2023
Sold by
Spicer Ann
Bought by
Spicer Family Trust and Spicer
Current Estimated Value
$1,919,691

Purchase Details

Listed on
Jan 6, 2016
Closed on
Dec 27, 2016
Sold by
Manriquez Eric A
Bought by
Spicer Ann and Eisen Nancy Spicer
Seller's Agent
Jason Woodruff
Keller Williams Hollywood Hills
Buyer's Agent
Joshua F. Smith
Compass
List Price
$1,649,000
Sold Price
$1,365,000
Premium/Discount to List
-$284,000
-17.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$668,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2013
Sold by
Manriquez Eric A
Bought by
Manriquez Eric A and Gonzalez Juan M Rivera

Purchase Details

Closed on
Dec 9, 2002
Sold by
Pica Joseph Donato
Bought by
Manriquez Eric A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.06%

Purchase Details

Closed on
Jul 28, 1995
Sold by
Sheldon Derrick
Bought by
Pica Joseph Donato

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,990
Interest Rate
7.63%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spicer Ann $1,365,000 Chicago Title
Manriquez Eric A -- None Available
Manriquez Eric A $470,000 Fidelity National Title
Pica Joseph Donato $170,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spicer Ann $646,500
Previous Owner Spicer Ann $668,000
Previous Owner Manriquez Eric A $371,600
Previous Owner Manriquez Eric A $428,500
Previous Owner Manriquez Eric A $376,000
Previous Owner Pica Joseph Donato $198,750
Previous Owner Pica Joseph Donato $177,990
Closed Manriquez Eric A $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $1,365,000 -2.4% $349 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $1,399,000 -15.2% $358 / Sq Ft
01/06/2016 01/06/16 For Sale $1,649,000 -- $422 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,831 $2,226,456 $1,612,620 $613,836
2024 $26,831 $2,182,800 $1,581,000 $601,800
2023 $18,907 $1,522,680 $1,076,474 $446,206
2022 $18,035 $1,492,824 $1,055,367 $437,457
2021 $17,806 $1,463,554 $1,034,674 $428,880
2019 $17,277 $1,420,146 $1,003,986 $416,160
2018 $17,168 $1,392,300 $984,300 $408,000
2016 $7,223 $575,018 $452,677 $122,341
2015 $7,121 $566,382 $445,878 $120,504
2014 $7,165 $555,288 $437,144 $118,144
Source: Public Records

Agents Affiliated with this Home

  • Jason Woodruff

    Seller's Agent in 2017

    Jason Woodruff

    Keller Williams Hollywood Hills

    (310) 770-3101

    2 in this area

    61 Total Sales

    Section Image
  • Joshua F. Smith

    Buyer's Agent in 2017

    Joshua F. Smith

    Compass

    (310) 871-5528

    2 in this area

    65 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-968545

The MLS

APN: 5427-011-019

California Los Angeles County Los Angeles 90029

718 N Hoover St, Los Angeles, CA

This home is located at 718 N Hoover St, Los Angeles, CA 90029 since 06 January 2016 and is currently estimated at $1,919,691, approximately $490 per square foot. This property was built in 1922. 718 N Hoover St is a home located in Los Angeles County with nearby schools including Dayton Heights Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes