428 S HOOVER ST, Los Angeles, CA 90020 (MLS # DW26209207)

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PRICE $1,549,000 BEDS 3 BATHS 2 HOME SIZE 1,913 sqft LOT SIZE 4,752.00 ac Request More Info Schedule a Showing

BIG PRICE REDUCTION !!! Proudly Presenting 428 S. Hoover Street - A Rare Opportunity in the Heart of West Los Angeles Perfectly positioned in one of Los Angeles' most desirable central locations, this charming gated residence seamlessly blends timeless character, everyday comfort, and exceptional investment potential to be a kindergarten. close to: Downtown LA, LA Live, Crypto.com Arena, Culver City, Loyola High School, USC, UCLA, Beverly Hills,Hollywood and Sunset Blvd. 2 Minutes from Koreatown, and Little Bangladesh. Next to the Best Restaurants & Entertainment around for all you Foodies: Bottega Louie, Escala K-Town,The Wiltern,Chubby Cattle Little Tokyo, Sugarfish, Bestia, chapman Market, 2 minutes from Target, and seconds from Starbucks down the street, plus countless urban conveniences. Privately tucked behind a remote-controlled security gate, Inside, you'll find rich hardwood flooring, fresh interior paint, ceiling fans throughout, and central heating and air conditioning on both levels, creating a comfortable living environment year-round. The exterior is equally impressive, featuring spacious front and rear yards, a long private driveway with ample off-street parking, and two detached garages. The expansive outdoor areas offer endless possibilities for entertaining, gardening, recreation, or future enhancements. Amazing FREE Grant FUNDS Available. Zero Strings attached. After only 6 Months Grant is Fully Forgivable through the Down Payment Assistance Program. Up to $41,250.00 or (3.%) of purchase price may be used for Down-Payment, funds cannot be used for other fees or purposes., PLUS On top of that seller will pay $20,000.00 for buyers closing costs.. Situated on a sizable lot with desirable LAR4 zoning and located within a Transit Priority Area, the site offers significant development potential. Opportunities may include garage-to-ADU conversions, construction of additional residential units, or redevelopment into a multi-family project. Development programs such as CHIP and the Adaptive Reuse Ordinance may provide incentives including increased density, additional building height, and reduced parking requirements when affordable housing components are incorporated. A rare offering in a highly sought-after location"”where classic charm, secure living, and future opportunity come together. Buyer is advised to independently verify all zoning, permits, incentives, and all information with the appropriate governmental agencies. PLEASE CALL.