1247 N Hoover St, Los Angeles, CA 90029
1247 N Hoover St, Los Angeles, CA 90029
1247 N Hoover St, Los Angeles, CA 90029
43
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$1,649,000
Est. payment /mo
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4 Beds
3 Baths
1,517 SqFt
New

1247 N Hoover St Los Angeles, CA 90029

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Todd Kingsley

Todd Kingsley

+1(310) 710-8633

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,517 sqft

Price per Sqft $1,087

MLS Listing ID 26994201

Style California Bungalow

Bedrooms 4

Year Built 1905

Lot Size 5,178 Sqft

Acres 0.1161

Property Sub-Type Multi-Family

Property Description

A compelling opportunity in the heart of Silver Lake, 1247 N Hoover pairs the charm of a beautifully updated residence with the immediate benefit of substantial in-place income. Comprised of a 3-bedroom, 2-bath main house and a separate 1-bedroom, 1-bath ADU, the property is currently generating $9,000 per month in combined rental income, offering an attractive option for investors, 1031 exchange buyers, or those considering future owner occupancy. The main residence is warm and inviting, with beautiful hardwood and tile floors and a gracious front porch that sets the tone from the moment you arrive. Off the kitchen, a second porch opens to a redwood deck and private backyard, creating an ideal setting for morning coffee, outdoor dining and entertaining. Thoughtful improvements include a brace-and-bolt foundation retrofit, updated electrical, copper plumbing, brand new central HVAC and a tankless water heater. The beautifully finished ADU offers its own private 1-bedroom, 1-bath residence complete with HVAC, washer/dryer and dishwasher. Currently leased for $2,700 per month, it complements the main residence, which is leased for $6,300 per month, for combined gross income of $108,000 annually. Both current leases extend through January 2027, creating a unique opportunity to acquire a stabilized income-producing property today with flexibility for its next chapter thereafter. And then there is the location: moments from Intelligentsia, Tartine, Erewhon, Kismet, Sweetgreen, neighborhood restaurants, cafs, boutiques and vintage shopping, placing some of the very best of Silver Lake just outside your door. With Los Angeles preparing to welcome the world for the 2028 Olympic Games, 1247 N Hoover presents a rare combination of character, income and long-term versatility in one of the city's most sought-after neighborhoods. Property is tenant-occupied. To respect the privacy of the occupants, interior showings will be accommodated for well-qualified buyers upon receipt of an offer. Please do not disturb tenants.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LAR2

Rooms

Other Rooms None

Dining Room 0

Interior

Heating Central

Cooling Central, Air Conditioning

Flooring Hardwood, Ceramic Tile, Cement, Linoleum

Fireplaces Type Decorative

Equipment Dishwasher, Dryer, Washer, Alarm System

Laundry Laundry Area

Exterior

Parking Features Shared Driveway

Garage Spaces 3.0

Pool None

View Y/N No

View None

Building

Sewer In Street

Water District

Architectural Style California Bungalow

Level or Stories One

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 Nourmand & Associates-HW

NEARBY SCHOOL & BUSINESS

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Todd Kingsley

Todd Kingsley

Agent License ID: 02118744

+1(310) 710-8633

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