2214 HOOPER, Los Angeles, CA, 90011

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$2,588,888
14 Days On Site

2214 HOOPER
Los Angeles, CA 90011

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
7,373
SqFt
$351
/SqFt
1926
Built
County:
Los Angeles
Listed by Roberto Guerra Martinez of New Century Realty internetrealty2000@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
2214 HOOPER2214 HOOPER2214 HOOPER2214 HOOPER
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**Prime Property with Exceptional Investment and Redevelopment Potential** We are excited to present a remarkable mixed-use property, strategically located in a bustling and highly sought-after neighborhood. This property features a well-maintained structure with three residential units on the upper level and seven commercial units on the ground floor. With the recent passage of California's SB6 Law in July 2023 and AB2011, which facilitates the conversion of commercial spaces into residential units, this property offers unparalleled flexibility and investment potential. The 3 Residential units located on the upper floor are comprised of three thoughtfully designed residential units, each offering Spacious Interiors, Generous floor plans with open concept living and dining areas. Modern Amenities, Contemporary kitchens with stylish bathrooms and newer Copper Plumbing. The ground floor hosts 7 commercial units, each designed for optimal functionality and visibility with High Foot Traffic, Prime location with excellent visibility and easy access for customers: only 5 minutes from Downtown LA, 3 minutes from 10 Freeway, 60 Freeway, 5 Freeway, and the 110 Freeway as well. TOTAL "10 UNIT BUILDING" Flexible Layouts, with Configurations suitable for a wide range of businesses. Plenty of Commercial Appeal with Large storefront windows enhancing business exposure. In light of SB6 and AB2011, which supports the conversion of commercial properties into additional residential units, this property stands as a prime candidate for transformation. These Bills Allow to Build residential Development on Commercial zones. The bill overrides local zoning regulations, allows for RES Development in commercial zones where they were otherwise prohibited such as a Parcel that is used as Office, Retail, or parking space. Potential redevelopment opportunities include: Expansion of Residential Space in order to Convert commercial units to increase the residential component and capitalize on growing housing demand, creating an Increased Rental Income which you could then Leverage enhanced residential units to boost rental income potential. Partake in the Thriving high traffic area this property benefit's from with amazing Accessibility, its vibrant neighborhood with Shops, amenities, restaurants, and services are within walking distance. This is definitely a Growth Area that is experiencing significant economic and Community Development. PLEASE DO NOT DISTURB TENANTS !!

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Listing Snapshot
Price 
$2,588,888
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,373 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5,662 Acres
Year Built 
1926
MLS® Number 
DW26209445
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
5662
Land Lease 
No
Number Of Stories 
2
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
7373
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Community Features 
CurbsStreet LightsSidewalks
MLS Area 
C37 - Metropolitan South
Financing Terms Available 
CashConventional
Building Access 
1


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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