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8128 S Hoover St, Los Angeles, CA 90044

Sale Price: $690,000
Dec 19, 2024800 sqft2 beds2 baths
Listed by: Mark King
License #: 02139777
Phone #: 310-237-8749
KRE8 Realty
Source:
CRMLS Logo
MLS #: 24473801

Property Description

Rare find in South Los Angeles! This 7,000 sq. ft. R3-zoned lot with TOC Tier 3 bonus offers the potential to build 12+ units, thanks to density bonuses and reduced parking requirements. Currently a duplex (vacant at close of escrow), this property is perfect for developers or investors looking to capitalize on LA's housing demand.Located near transit, schools, and amenities, this is your chance to create a high-yield multi-family project or retain the existing structure for rental income while planning future development. Contact us today to explore the possibilities!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,479

TurboHome Estimated Value

$689,300

$862 sqft

High Valuation
$723,765
$905/sqft
Normal Valuation
$689,300
$862/sqft
Low Valuation
$654,835
$819/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$862/sqft$689,300

Neighborhood: South Los Angeles

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Comparative Value

$425K

$462K

$520K

$575K

$680K

$690K

611 W 91st St, Los Angeles, CA 90044

Sale Price: $425,000

Selected Comparable

8021 S Vermont Ave 51, Los Angeles, CA 90044

Sale Price: $462,000

Selected Comparable

535 W 88th St, Los Angeles, CA 90044

Sale Price: $520,000

Selected Comparable

9000 Orchard Ave, Los Angeles, CA 90044

Sale Price: $575,000

Selected Comparable

8128 S Hoover St, Los Angeles, CA 90044

List Price: $680,000

Subject Property

8128 S Hoover St, Los Angeles, CA 90044

Sale Price: $690,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
8128 S Hoover St, Los Angeles, CA 90044

8128 S Hoover St, Los Angeles, CA 90044

List: $680,000

Listed: 12/19/2024

Area:800 sqft
Price/sqft:$850
Beds:2
Baths:2
Year Built:
Lot Size:7,002

Comparable Properties

COMPARABLE
Choose comps
8128 S Hoover St, Los Angeles, CA 90044

8128 S Hoover St, Los Angeles, CA 90044

Sale: $690,000

6/9/20250.00 mi

Area:800 sqft
Price/sqft:$863
Beds:2
Baths:2
Year Built:
Weight:26.4%
535 W 88th St, Los Angeles, CA 90044

535 W 88th St, Los Angeles, CA 90044

Sale: $520,000

10/16/20240.51 mi

Area:800 sqft
Price/sqft:$650
Beds:2
Baths:1
Year Built:
Weight:20.4%
9000 Orchard Ave, Los Angeles, CA 90044

9000 Orchard Ave, Los Angeles, CA 90044

Sale: $575,000

2/5/20250.67 mi

Area:924 sqft
Price/sqft:$622
Beds:2
Baths:1
Year Built:
Weight:18.1%
8021 S Vermont Ave 51, Los Angeles, CA 90044

8021 S Vermont Ave 51, Los Angeles, CA 90044

Sale: $462,000

11/12/20240.34 mi

Area:1,071 sqft
Price/sqft:$431
Beds:2
Baths:2
Year Built:
Weight:17.9%
611 W 91st St, Los Angeles, CA 90044

611 W 91st St, Los Angeles, CA 90044

Sale: $425,000

1/10/20250.71 mi

Area:884 sqft
Price/sqft:$481
Beds:3
Baths:2
Year Built:
Weight:17.3%

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3

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