970 N Hoover St Los Angeles, CA 90029
Estimated payment $5,893/month
0.13
Acre
$7,503,771
Price per Acre
5,775
Sq Ft Lot
About This Lot
Priced to sell! A beautiful-contemporary 14-unit development opportunity RTI READY! Located in a prime Silverlake location. Walk to Erewhon market on Santa Monica - walking distance to trendy Sunset junction. A high rent and low vacancy neighborhood! Close to public transportation. Excellent unit mix 10-large studios with 4-one bedroom one bath apartments. Individual new construction rental units are always in high demand! It's very rare to find land with well designed plans that are ready-to-issue and that is priced under $1M! Seller has taken the project through the lengthy and tedious entitlement process. Call your builders/ developers! First time builders if interested contact listing agent for development assistance.
Property Details
Property Type
- Land
Est. Annual Taxes
- $7,355
Year Built
- 1920
Lot Details
- 5,775 Sq Ft Lot
- Lot Dimensions are 71x45
- Lot Sloped Up
- Property is zoned LAR3
Utilities
- Property is located within a water district
- Sewer in Street
Additional Features
- City Lights Views
- City Lot
Listing and Financial Details
- Assessor Parcel Number 5427-003-023
Map
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
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $7,355 | $598,230 | $598,230 | -- |
| 2023 | $7,213 | $586,500 | $586,500 | $0 |
| 2022 | $6,876 | $575,000 | $575,000 | $0 |
| 2021 | $2,898 | $231,791 | $231,791 | $0 |
| 2020 | $2,925 | $229,415 | $229,415 | $0 |
| 2019 | $2,813 | $224,917 | $224,917 | $0 |
| 2018 | $2,802 | $220,507 | $220,507 | $0 |
| 2016 | $2,687 | $211,946 | $211,946 | $0 |
| 2015 | $2,648 | $208,763 | $208,763 | $0 |
| 2014 | $2,655 | $204,674 | $204,674 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | For Sale | $995,000 | +73.0% | -- |
| 07/27/2021 07/27/21 | Sold | $575,000 | -3.4% | $415 / Sq Ft |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | $595,000 | -- | $429 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $575,000 | Clearmark Title | |
| Grant Deed | $180,000 | Gateway Title Company | |
| Grant Deed | $49,000 | Southland Title Company | |
| Trustee Deed | $155,200 | -- | |
| Grant Deed | $160,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $85,000 | Unknown | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $128,000 | No Value Available |
Source: Public Records
Similar Properties in the area
Source: The MLS
MLS Number: 25551877
APN: 5427-003-023
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.
© 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
- 864 Sanborn Ave
- 910 Rector Place
- 960 Sanborn Ave Unit 3
- 960 Sanborn Ave Unit 6
- 980 Manzanita St
- 859 Hyperion Ave
- 1001 Manzanita St
- 916 Sanborn Ave
- 1128 N Commonwealth Ave
- 963 Lucile Ave
- 4323 1/2 Burns Ave
- 4136 1/4 Normal Ave Unit 1/4
- 4138 Normal Ave
- 1145 N Hoover St
- 4136 Normal Ave
- 4136 1/2 Normal Ave Unit 1/2
- 4136 3/4 Normal Ave Unit 3/4
- 1037 Sanborn Ave
- 4202 Lexington Ave
- 756 Hyperion Ave