2214 Hooper , Los Angeles, CA 90011
$2,588,888
Est. Payment: $14,047.24/mo
0 Bed
0 Bath
7373 Sqft
Status: Active | Days on site: 0
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House Description

**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 !!

Highlights

Listed by Roberto Guerra Martinez , 323-888-8853 New Century Realty , 323-722-5555. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
5662

Year Built

1926

County

Los Angeles

Area

C37 - Metropolitan South

Listing ID

DW26209445

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$14,047
Taxes
$1,650

Home Price

$2,588,888

Loan Details

30 yrs
7.192%

Down Payment

20%
$517,778
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$14,047.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $14,047.24 $1,650.42 $0.00 $15,697.65
Yearly $168,566.86 $19,804.99 $0.00 $188,371.86
Total $5,057,005.89 $594,149.80 $0.00 $5,651,155.69

Today's Rates

30 Year

7.19%

20 Year

6.73%

15 Year

6.48%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-25T19:06:14.000Z

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