Hooper AV Lot 129
Los Angeles, CA, 90011
$2,988,000
Beds
0 Baths
0 SqFt
0.13 Acres
Add
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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.

Property Details

Price:
$2,988,000
MLS #:
DW25170345
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c23
Listed Date:
Jul 29, 2025
Total Sq Ft:
7,373
Lot Size:
5,662 sqft / 0.13 acres (approx)
Year Built:
1926
Parking TotalC23C23

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Schools

Interior

Laundry Features
NO

Exterior

Community Features
SL, URB
Parking Spots
1

Financial

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 30, 2025
2,315
Single Family Listed
57
Avg DOM
955
Avg $ / SqFt
$1,980,813
Avg List Price

Property Summary

    Hooper AV Lot 129 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $2,988,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1926. The average price per square foot for Single Family listings in Los Angeles is $955. The average listing price for Single Family in Los Angeles is $1,980,813.

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Hooper AV Lot 129
Los Angeles, CA