The Fitzburgh Realty Team - Glassell Park Real Estate - Northeast Los Angeles Realtor
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New Listing! Beautiful Four-Plex Property with bright and airy San Francisco-essque charm - List Price $1,490,000

12/24/2016

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220 South Hoover Street
Los Angeles, CA 90004
List Price: $1,490,000
Potential Rental Income:
Unit #1: $2,300/m x 12 = $27,600/y
*Unit #2: $1,950/m x12 = $23,400/y
Unit #3: $2,300/m x 12 = $27,600/y
Unit #4: $2,300/m x 12 = $27,600/y
**Garages: $200/m x 12 = $2,400/y

TOTAL PROJECTED GROSS INCOME = $108,600 per year.

*Unit #2 is owner occupied and may be delivered vacant at COE. Current market rent for Unit #2 is projected to be ~$2,500/month.
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**Garages are currently being used by owner and are not rented but there are for individual 2-car garages and each could be rented for a projected $50/month x 4 garages = $200/month if all garages are rented out.

Contact us for more info! 818-571-9712
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This fourplex was built in 1917, and has been lovingly restored into a charming, bright, and airy San Francisco-essque place to live. Each unit features hardwood floors, cove ceilings, crown moldings, a large living room with a faux fireplace, and a full dining room with craftsman built ins.
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The kitchens boast 2 door stainless steel refrigerators, dishwashers & restored antique stoves, and there are also washer and dryer hook ups. The bathrooms have subway tile, and more built ins, and the showers have fantastic water pressure. It?s a mix of two 2bd/1bath and two 3 bd/1 bath, and they all have unique features. As examples, unit 224 has a grand stairway with 9 foot windows, and unit 222 has double French doors that can open directly onto the private deck. The deck has a BBQ, fresh basil, a gazebo, great lounging furniture, and friendly neighbors. The deck s built over 4 garages, which have all been recently renovated and could provide additional revenue. A solar project is in progress, which may cover the utility bills for the property.
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Contact Us!
Brian Fitzburgh
818-571-9712
team@brokerstrust.com
www.brokerstrust.com

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Brian Fitzburgh, Broker/Owner
Cell: (818) 571-9712
Office: (424) 625-0747

Hello@BrokersTrust.com
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2022 Zillow Premier 5 Star Agent in Los Angeles. Parrish Ave., Los Angeles, CA. CalDRE# 01875767. Copyright © 2022 Brokers Trust Real Estate Group. All Rights Reserved.
  • Home
  • About Us
    • Fitzburgh Realty Team >
      • Juan Loza Handyman
    • Brians Resume | Sellers
    • Brians Resume | Buyers
    • Home Tours
    • Testimonials
    • Upcoming Events
  • Search Homes
  • Explore NELA
    • Glassell Park
  • Homes Fur All
    • News
    • Super A Test
    • Bark & Meow Fan Club
    • Concerts in the Park
    • Eagle Rock Bark >
      • ERB Walk At The Bark
      • Eagle Rock Bark 2017
      • Eagle Rock Bark 2018
      • Eagle Rock Bark 2019
    • Glassell Bark >
      • GB Walk At The Bark
      • Glassell Bark 2017
      • Glassell Bark 2018
      • Glassell Bark 2019
    • Glassell Park Easter Egg Hunt
    • GLASSELL PARK TREE LIGHTING >
      • XMAS TREE LIGHTING 2017
      • XMAS TREE LIGHTING 2018
    • Growing Caring Sharing News
    • 4 Weeks 4 Life
    • Fostering Resources
    • Pet Food Drive
    • Pet Resource Guide
    • Pet Adoption Hall of Fame
    • Spread The Word
    • Super Party >
      • Super Party Photos
  • Resources
    • Brian' s Crystal Ball >
      • Brian' s Crystal Ball Appetizer
      • Brian' s Crystal Ball 1st Main
      • Brian' s Crystal Ball 2nd Main
      • Brian' s Crystal Ball Dessert
      • Furball Challenge
    • First Time Homebuyers >
      • Credit Score
      • Down Payment
    • Get Your Loan Pre-Approval
    • Request a Free Market Analysis
    • Mortgage Calculator & Rates
    • How Much House Can I Afford
    • Real Estate Market Trends
    • Neighborhood Search Tools
    • MLS Activity Alert
    • Client Documents & Calendar
    • FAQ
  • Brian's Blog
  • Contact us
    • Coverage Area