980 N Hoover Street, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath

980 N Hoover Street, Los Angeles, California 90029 home-pic-0
ACTIVE$995,000
980 N Hoover Street, Los Angeles, California 90029
0Bed
0Bath
1,184Sqft
5,312Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Silver Lake Location: Situated in a highly sought-after Los Angeles neighborhood, ensuring strong rental demand and potential appreciation.
Top Cons:
Property Age & Potential Updates: Built in 1947, the property may require significant updates to major systems (e.g., plumbing, electrical, roof) not detailed in the description.

Compared to the nearby listings

Price:$995.0K vs avg $968.9K (+$26,087.5)50%
Size:1,184 sqft vs avg 2,881 sqft17%
Price/sqft:$840 vs avg $43183%

More Insights

Built in 1947 (78 years old).
Condition: Built in 1947, this property has undergone renovations, but the style of the kitchens (white appliances, light wood flat-panel cabinets, tile flooring) and bathrooms (black and white tile patterns) suggests these updates are approximately 15-25 years old, not recent. While clean and well-maintained with laminate flooring, the property lacks central air conditioning, relying on wall heaters, and the overall aesthetic is dated rather than modern. It is move-in ready but would benefit from further cosmetic and system updates to meet current standards.
Year Built
1947
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$840
HOA
-
Days on market
-
Sold On
-
MLS number
P1-22844
Home ConditionFair
Features
Patio
View-

About this home

Welcome to 980 and 982 N Hoover Street, a rare Silver Lake gem where charm, comfort, and convenience come together in perfect harmony. This delightful duplex offers two stylish 1-bedroom, 1-bathroom units, each featuring a spacious living room with soaring high ceilings and an abundance of bright, natural sunlight that creates an inviting and airy atmosphere. The sleek kitchens are perfect for cooking up your favorite meals, while the private patios are ideal for enjoying the warm California evenings. With in-unit washer and dryer, private and secured entrances. Each unit has an automatic door garage with remote control access, this property is designed for modern city living. Whether you're seeking an investment opportunity or a home with rental potential, this vibrant and versatile property places you right in the heart of one of LA's most desirable neighborhoods. Don't miss your chance to own a slice of Silver Lake magic!All information provided regarding the property, including square footage, room count, and features, is deemed reliable but not guaranteed. Buyers are encouraged to independently verify all details and conduct their own due diligence to confirm the accuracy of all information before purchasing.This property is subject to all applicable laws, including the Fair Housing Act and the Americans with Disabilities Act (ADA). While the property is designed for accessibility, potential buyers are encouraged to verify ADA compliance and make any necessary adjustments or accommodations that may be required for full accessibility to meet individual needs. The seller makes no representation as to the compliance status of the property with respect to ADA regulations, and it is the responsibility of the buyer to confirm any ADA-related matters.

Price History

Date
Event
Price
09/06/13
Sold
$499,000
02/18/05
Sold
$429,000
06/11/03
Sold
$273,000
Condition Rating
Fair

Built in 1947, this property has undergone renovations, but the style of the kitchens (white appliances, light wood flat-panel cabinets, tile flooring) and bathrooms (black and white tile patterns) suggests these updates are approximately 15-25 years old, not recent. While clean and well-maintained with laminate flooring, the property lacks central air conditioning, relying on wall heaters, and the overall aesthetic is dated rather than modern. It is move-in ready but would benefit from further cosmetic and system updates to meet current standards.
Pros & Cons

Pros

Prime Silver Lake Location: Situated in a highly sought-after Los Angeles neighborhood, ensuring strong rental demand and potential appreciation.
Income-Producing Duplex: Offers two independent 1-bedroom units, ideal for immediate rental income or multi-generational living.
Modern Unit Amenities: Each unit boasts in-unit laundry, private/secured entry, and automatic garage access, appealing to modern renters.
Charming Interior Design: Features high ceilings, ample natural light, sleek kitchens, and private patios, creating an attractive living environment.
Versatile Investment: Presents a flexible opportunity for investors seeking rental income or owner-occupants desiring supplemental income.

Cons

Property Age & Potential Updates: Built in 1947, the property may require significant updates to major systems (e.g., plumbing, electrical, roof) not detailed in the description.
Extensive Buyer Due Diligence Required: The listing emphasizes buyer responsibility for verifying all details and ADA compliance, potentially indicating undisclosed issues or future costs.
Absence of Cooling System: No mention of air conditioning, which could be a significant comfort concern for tenants or owners during Los Angeles's warmer months.

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