
Los Angeles, California 90020
Analysis of 428 S Hoover, Los Angeles, California 90020 is currently available with a list price of $1,649,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1919, the property is move-in ready and well-maintained. It features significant system upgrades including central heating and air conditioning on both levels, which is rare for homes of this vintage. The interior boasts refinished hardwood flooring, fresh paint, and modern ceiling fans. While the kitchen and bathrooms reflect an older style with painted cabinetry and dated tiling, they are fully functional and clean, meeting the criteria for a well-preserved home that does not require immediate renovation.
Zoned LAR4 and situated within a Transit Priority Area, this property offers significant upside for investors to develop multi-family units or leverage the Adaptive Reuse Ordinance for increased density and reduced parking requirements.
This 1919 residence successfully blends historic charm with essential modern upgrades, including central heating and air conditioning on both levels, hardwood flooring, and fresh interior paint for immediate move-in comfort.
The floor plan includes multiple bonus rooms ideal for home offices, while the two detached garages and long driveway provide a prime opportunity for ADU conversions or additional rental income streams.
Despite recent cosmetic updates, the 1919 construction date suggests that underlying systems and structural elements may require ongoing maintenance or modernization typical of a home of this vintage.
The list price is heavily weighted toward the property's development potential and LAR4 zoning, which may exceed the budget of traditional single-family homebuyers looking for standard residential value.
Welcome to 428 S Hoover St—an inviting, gated, character-rich home situated near Occidental Park in the heart of Los Angeles. This well-preserved two-story residence offers 3 bedrooms, 2 full bathrooms, and several additional bonus rooms perfect for offices or guests, along with abundant living space throughout. Inside, you’ll appreciate hardwood flooring, fresh interior paint, ceiling fans in every room, and central heating and air conditioning on both levels for year-round comfort. The spacious kitchen, along with the living and dining areas, provides an ideal setting for everyday living and entertaining. Step outside to enjoy both front and rear yards, a long driveway with ample parking, and two detached garages. Conveniently located just blocks from Lafayette Park, neighborhood dining, schools, and public transportation, the home offers excellent access to everything the city has to offer. Zoned LAR4 and located within a Transit Priority Area, this property presents a unique opportunity for homeowners and investors alike. The sizable lot and flexible zoning open the door to a variety of possibilities, including converting the garages into ADUs, adding additional units, or developing a multi-family project. Programs such as CHIP and the Adaptive Reuse Ordinance may offer incentives including increased density, additional height, and reduced parking requirements in exchange for affordable housing components. Whether you’re looking for a character-rich residence or a property with strong development potential, 428 S Hoover St offers exceptional versatility. Buyer to verify all information.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 6.5 | 17% |
| Baths | 2.0 | 7.5 | 17% |
| Square foot | 1,913 | 6,461.5 | 17% |
| Lot Size | 4,752 | 14,815.5 | 17% |
| Price | $1.65M | $5.32M | 50% |
| Price per sq ft | $862 | $916 | 50% |
| Built year | 1919 | 1920 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 150 | 17% |
Mar 25, 2026
$1,649,000
Initial Listing