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1702 South Hoover Street

1702 South Hoover Street, Los Angeles, CA 90006
Multifamily in Pico Union
Local assessors in Los Angeles, CA have categorized 1702 South Hoover Street as a commercial type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 5,288 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1702 South Hoover Street has a total of 2,415 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on no air conditioning for their cooling system. The property was last sold in Jan 12, 2024 for $1,500,000. That's $621.12 per sqft. Prior to that sales transaction, the property was also sold in Sep 5, 2001 for $120,000. 1702 South Hoover Street was last assessed in 2023. The total value of the property was assessed at $376,402. Specifically, the land the property is located on was valued at $170,382. While improvements on the property were assessed at a total of $206,020. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,767. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior
Metal Exterior

Parking

Gated Parking
Guest Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210502
05/02/2021
Studio
-
-
$1,589,000
bedrooms
Studio
bathrooms
-
-
-
-
Claudia Hansen
Rodeo Realty
20201102
11/02/2020
Studio
-
-
$1,699,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,288
  • Total Building Area: 2,415
  • Building Area: 2,415

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,415
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: WISENDANGER CITY TRACT
  • Land Acres: 0.121
  • Standard Land Use Code: Store/office (mixed use)
  • Legal Description 1: WIESENDANGER CITY TRACT LOT COM NW ON SWLINE OF 17TH ST 10 FT FROM E COR OF LOT 28 TH SW PARALLEL WITH SE LINE OF SD LOT40 FT TH NW PARALLEL WITH SD SW LINE TO SEE ASSESSOR MAPBOOK FOR MISSING PORTION27 AND LOT 28

Ownership

  • Current Owner : DR JOO PROPERTY MANAGEMENT LLC
  • Previous Owner : FERMIN M FUENTES REVOCABLE LIVING TRUST
  • Owner Before Previous Owner: UBACH SIDNA M
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 224310

Zoning

  • Zoning: LAC1

Geography

  • Assessors Map Reference: 44-A4
  • Parcel: 5135-010-035
  • Lot: 28
  • Municipality: WEST /WESTLAKE PARK
  • Latitude: 34.0425
  • Longitude: -118.284

    Address

  • Full Address: 1702 S Hoover St
  • Address - House Number: 1702
  • Street Direction: S
  • Address - Street Name: Hoover
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C042
  • 4-Digit Zip Code: 4962
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,767
  • Tax Rate Code Area: 00-035

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,213,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 02, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 02, 2054
  • Second Open Lien Mortgage Recording Date: Feb 02, 2024
  • Second Open Lien Mortgage Loan Amount: $463,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Feb 02, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $376,402
  • Assessed Land Value: $170,382
  • Assessed Improvements Value: $206,020

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11919938120
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 75722
  • Previous Sale Recording Date: Sep 24, 2001
  • Previous Sale Contract Date: Sep 05, 2001
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Feb 02, 2024
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Transaction Date: Feb 02, 2024
  • Second Mortgage Loan Amount: $463,000
  • Second Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



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Frequently Asked Questions

What neighborhood is 1702 South Hoover Street located in?
The 1702 South Hoover Street is a multifamily located in the neighborhood of Pico Union in Central LA, Los Angeles.
What is the average sales price for listings in 1702 South Hoover Street?
The average sales price for units in 1702 South Hoover Street is $0 currently.

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