$900,000

598 N Hoover Street, Los Angeles, CA 90004

  • 4,057 sqft
  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $222/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Two APNs: 5401-001-004 & 5401-001-021. 598 N Hoover Street is an exceptional land offering positioned at the nexus of Silver Lake and East Hollywood. Totaling 4,057 square feet across two contiguous parcels, the property is zoned LAC1.5 with TOC tier 3 designation, providing a flexible canvas for multifamily or mixed-use development. A previously existing 1,320-square-foot structure was recently affected by a fire, but the property's highest and best use lies in redevelopment, making it ideally suited for a tear-down opportunity. Under current C1.5 zoning, the site permits a base density of 10 units by-right, and a mixed-use project could build up to ~12,171 SF of floor area over multiple stories, with retail on the ground floor and housing above (Buyer to verify). Multifamily developers could also take advantage of a 3% density bonus for 14 units, with 11% very low income. This creates an attractive opportunity for developers to pursue either an all-residential project, a purely commercial build, or a mixed-use concept. The property benefits from a prime location along a vibrant retail corridor, offering future residents or tenants immediate access to the diverse amenities of Silver Lake and East Hollywood. Just blocks from Melrose Avenue and Sunset Boulevard, the site is surrou

Listing Status:
Active
Date Added:
September 24, 2025 at 05:00AM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Jake Glaser : 310-494-6368
MLS ID:
CL25597057
  • County: Los Angeles
  • Zoning: LAC15401001004
  • View: None

This listing courtesy of Jake Glaser, Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dayton Heights Elementary School

607 N Westmoreland Ave, Los Angeles, CA, 90004

Grades KG-5

0.24 miles away

V

Virgil Middle School

152 N Vermont Ave, Los Angeles, CA, 90004

Grades 6-8

0.66 miles away

H

Harold Mcalister High (Opportunity)

611 S Carondelet St, Los Angeles, CA, 90057

Grades 6-12

1.43 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.