AUCTION STYLE BIDDING BEGINS!!!! ORIGINALLY LISTED AT $2,570,000!!! MINIMUM ACCEPTABLE OPENING BID IS $1,470,000 SUBJECT TO SELLERS NON DISCLOSED RESERVE PRICE. AMAZING OPPORTUNITY with starting bid price at only $181/sf!!!! Unique and rare opportunity in the heart of Koreatown ideal for owner-users, investors, and developers! 830 S Hoover Street is listed at $1,470,000 and features a 6-unit commercial building in the front (with 3 units currently vacant perfect for an owner-user) and a 4-unit residential building in the rear, with separate rear access. The property offers 8,080 SF of interior space on a combined lot size of 11,314 SF, which includes the adjacent parcel at 840 S Hoover Street (off-market, offered at $1.83M). Both parcels are zoned C2 with TOC Tier 3, allowing for increased density, mixed-use, or multifamily development (buyer to verify with the City). Properties can be developed together or 840 can serve as a dedicated parking lot for 830. This versatile site is perfect for medical, dental, acupuncture, retail, salon, barbershop, car dealership, executive office, or creative studio. Located in a high-traffic Koreatown corridor, minutes from DTLA, major transit, and amenities. So much potential and upside! Drive-by only do not disturb tenants. Property to be sold as-is. Buyer to conduct their own due diligence. Submit offers with proof of funds. Contact listing agent for full details.
Property Details
Price:
$1,470,000
MLS #:
25556523
Status:
Active
Baths:
0
Address:
830 S Hoover Street
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Jun 23, 2025
State:
CA
ZIP:
90005
Lot Size:
6,310 sqft / 0.14 acres (approx)
Year Built:
1966
Schools
Interior
Cooling
Central Air
Heating
Natural Gas
Exterior
Parking Features
Assigned
Parking Spots
6.00
Financial
Map
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830 S Hoover Street
Los Angeles, CA
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