428 S Hoover, Los Angeles, California 90020, Los Angeles, 90020 - 4 bed, 2 bath
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Los Angeles, California 90020
Analysis of 428 S Hoover, Los Angeles, California 90020 is currently available with a list price of $1,599,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 moderate renovation needed.
Originally built in 1919, the property is well-maintained with fresh interior paint and the significant addition of dual-level central HVAC. However, the home remains dated with older windows, security bars, and century-old architectural constraints. While functional and move-in ready, it lacks a modern renovation of kitchens and baths required for a higher rating.
Zoned LAR4 and situated within a Transit Priority Area, this property offers exceptional upside for investors through multi-family redevelopment, ADU conversions, or density-bonus projects.
Perfectly positioned near Koreatown, DTLA, and major universities, the property boasts a high walkability score with immediate access to world-class dining, shopping, and transit hubs.
While retaining its 1919 charm, the residence features essential modern upgrades including central heating and air conditioning, fresh interior paint, and a secure remote-controlled gated entry.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The floor plan includes five bedrooms but only two bathrooms, which may be a significant drawback for large families or high-end rental configurations without additional renovation.
The list price reflects the property's development potential rather than the current structure's utility, potentially pricing out traditional single-family buyers looking for a primary residence.
Proudly Presenting 428 S. Hoover Street – A Rare Opportunity in the Heart of West Los Angeles Perfectly positioned in one of Los Angeles’ most desirable central locations, this charming gated residence seamlessly blends timeless character, everyday comfort, and exceptional investment potential.Downtown LA, LA Live, Crypto.com Arena, Culver City, Loyola High School, USC, UCLA, Beverly Hills,Hollywood and Sunset Blvd. 2 Minutes from Koreatown, and Little Bangladesh. Next to some of Best Restaurants & Entertainment around for all you Foodies: Bottega Louie, Escala K-Town,The Wiltern,Chubby Cattle Little Tokyo, Sugarfish, Bestia, Pasta Sisters, chapman Market, 2 minutes from Target, and seconds from Starbucks down the street, plus countless urban conveniences. Privately tucked behind a remote-controlled security gate, Inside, you'll find rich hardwood flooring, fresh interior paint, ceiling fans throughout, and central heating and air conditioning on both levels, creating a comfortable living environment year-round. The generously sized kitchen flows effortlessly into the inviting living and dining areas, The exterior is equally impressive, featuring spacious front and rear yards, a long private driveway with ample off-street parking, and two detached garages. The expansive outdoor areas offer endless possibilities for entertaining, gardening, recreation, or future enhancements. For investors and developers, this property presents an extraordinary opportunity. Situated on a sizable lot with desirable LAR4 zoning and located within a Transit Priority Area, the site offers significant development potential. Opportunities may include garage-to-ADU conversions, construction of additional residential units, or redevelopment into a multi-family project. Development programs such as CHIP and the Adaptive Reuse Ordinance may provide incentives including increased density, additional building height, and reduced parking requirements when affordable housing components are incorporated. A rare offering in a highly sought-after location—where classic charm, secure living, and future opportunity come together. Buyer is advised to independently verify all zoning, development possibilities, permits, incentives, and property information with the appropriate governmental agencies.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,913 | 1,672 |
| Lot Size | 4,752 | 6,067 |
| Price | $1.60M | $1.37M |
| Price per sq ft | $836 | $801 |
| Built year | 1919 | 1939 |
| HOA | $0 | $348 |
| Days on market | 29 | 56 |
Jun 23, 2026
$1,599,999
Initial Listing