2214 Hooper Ave Los Angeles, CA 90011
Central Alameda NeighborhoodEstimated payment $16,962/month
Total Views
372
9
Beds
--
Bath
7,373
Sq Ft
$405
Price per Sq Ft
About This Home
**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.
Listing Agent
New Century Realty Brokerage Phone: 323-888-8853 License #01189605 Listed on: 07/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,174
Year Built
- Built in 1926
Lot Details
- 5,662 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Interior Spaces
- 9 Bedrooms
- 7,373 Sq Ft Home
- 2-Story Property
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 129
- Assessor Parcel Number 5118006001
Community Details
Overview
- 2 Buildings
- 10 Units
Building Details
- Rent Control
- 10 Separate Electric Meters
- 10 Separate Gas Meters
- 1 Separate Water Meter
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,174 | $640,143 | $130,338 | $509,805 |
| 2024 | $8,174 | $627,592 | $127,783 | $499,809 |
| 2023 | $8,025 | $615,287 | $125,278 | $490,009 |
| 2022 | $7,667 | $603,223 | $122,822 | $480,401 |
| 2021 | $7,554 | $591,396 | $120,414 | $470,982 |
| 2019 | $7,337 | $573,857 | $116,844 | $457,013 |
| 2018 | $7,191 | $562,605 | $114,553 | $448,052 |
| 2016 | $6,840 | $540,759 | $110,105 | $430,654 |
| 2015 | $6,744 | $532,638 | $108,452 | $424,186 |
| 2014 | $6,775 | $522,205 | $106,328 | $415,877 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $2,988,000 | 0.0% | $405 / Sq Ft |
| 06/01/2015 06/01/15 | Rented | $1,350 | 0.0% | -- |
| 06/01/2015 06/01/15 | For Rent | $1,350 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | New Conventional | |
| Closed | $625,000 | Commercial | |
| Previous Owner | $300,000 | Commercial |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW25170345
APN: 5118-006-001
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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