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Unique and rare opportunity in the heart of Koreatown ideal for owner-users, investors, and developers! 830 S Hoover Street is listed at $2,570,000 and features a 6-unit commercial building in the front (with 3 units currently vacant perfect for an owner-user) and a 4-unit residential building in the rear, with separate rear access. The property offers 8,080 SF of interior space on a combined lot size of 11,314 SF, which includes the adjacent parcel at 840 S Hoover Street (off-market, offered at $1.83M). Both parcels are zoned C2 with TOC Tier 3, allowing for increased density, mixed-use, or multifamily development (buyer to verify with the City). Properties can be developed together or 840 can serve as a dedicated parking lot for 830. Combined asking price is $4.4M. This versatile site is perfect for medical, dental, acupuncture, retail, salon, barbershop, car dealership, executive office, or creative studio. Located in a high-traffic Koreatown corridor, minutes from DTLA, major transit, and amenities. So much potential and upside! Drive-by only do not disturb tenants. Property to be sold as-is. Buyer to conduct their own due diligence. Submit offers with proof of funds. Contact listing agent for full details.
Property Type(s):
Residential Income
| Last Updated | 6/24/2025 | Year Built | 1966 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | C42 - Downtown L.A. |
| HEAT | Natural Gas |
| LOT | 6312 sq ft |
| PARKING | Assigned |
| STORIES | 2 |
Location
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Listed with Philco Realty
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