ACTIVE$2,988,000

2214 Hooper Avenue, Los Angeles, California 90011

0Bed

0Bath

7,373Sqft

5,662Lot

Year Built

1926

List price

$2.99M

Original List price

$2.99M

Price/Sqft

HOA

Days on market

Sold On

MLS number

DW25170345

Home ConditionGood

Features

View-

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.

Nearby schools

5/10

Twentieth Street Elementary School

Public,•K-5•0.3mi

4/10

Nevin Avenue Elementary School

Public,•K-5•0.4mi

3/10

Twenty-Eighth Street Elementary School

Public,•K-5•0.7mi

4/10

Quincy Jones Elementary School

Public,•K-5•0.8mi

3/10

Wadsworth Avenue Elementary School

Public,•K-5•0.8mi

2/10

Harmony Elementary School

Public,•K-5•1.0mi

4/10

Ascot Avenue Elementary School

Public,•K-5•1.1mi

3/10

Sally Ride Elementary: A Smart Academy

Public,•K-5•1.2mi

2/10

Forty-Ninth Street Elementary School

Public,•K-5•1.6mi

2/10

Hooper Avenue Elementary School

Public,•1-5•1.6mi

2/10

Holmes Avenue Elementary School

Public,•K-6•1.6mi

2/10

Aurora Elementary School

Public,•K-5•1.7mi

5/10

Lillian Street Elementary School

Public,•K-6•2.2mi

5/10

Pacific Boulevard School

Public,•K-5•2.4mi

5/10

Estrella Elementary School

Public,•K-5•2.4mi

2/10

Dr. Julian Nava Learning Academies-School Of Business And Technology

Public,•6-8•0.2mi

3/10

George Washington Carver Middle School

Public,•6-8•1.3mi

6/10

Vernon City Elementary School

Public,•K-7•1.4mi

3/10

Los Angeles Academy Middle

Public,•6-8•2.0mi

3/10

Thomas A. Edison Middle School

Public,•6-8•2.5mi

3/10

Henry T. Gage Middle School

Public,•6-8•3.1mi

3/10

Nava College Preparatory Academy

Public,•9-12•0.6mi

2/10

Thomas Jefferson Senior High School

Public,•9-12•0.6mi

5/10

Santee Education Complex

Public,•9-12•1.1mi

5/10

Felicitas And Gonzalo Mendez High

Public,•9-12•2.4mi

5/10

STEM Academy of Boyle Heights HS

Public,•9-12•2.6mi

4/10

Huntington Park Senior High School

Public,•9-12•2.7mi

3/10

John C. Fremont Senior High School

Public,•9-12•3.5mi

Price History

Date

Event

Price

07/29/25

$2,988,000

03/21/96

Sold

$44,000

Condition Rating

Good

While the property was built in 1926, the residential units have undergone significant and recent renovations, featuring contemporary kitchens with modern cabinets, countertops, and stainless steel sinks, as well as updated flooring (LVP/laminate) and windows. The description also notes 'newer Copper Plumbing,' indicating major system updates. These renovations make the residential units move-in ready and align with the 'Good' category's criteria for extensive renovations within the last 5-15 years. Although a wall heater is visible in one room, suggesting a lack of central HVAC, the overall interior updates to the residential spaces are substantial enough to warrant a 'Good' rating, especially considering the property's age.

Pros & Cons

Pros

Significant Redevelopment Potential: The property offers unparalleled flexibility and investment potential due to California's SB6 and AB2011 laws, facilitating the conversion of commercial spaces into additional residential units and overriding local zoning regulations.

Strategic Mixed-Use Location: Located in a bustling, highly sought-after neighborhood with high foot traffic, excellent visibility, and superb accessibility, being only minutes from Downtown LA and major freeways (10, 60, 5, 110).

Existing Income-Generating Units: Features three well-maintained residential units with modern amenities and newer copper plumbing, alongside seven functional commercial units, providing immediate and diverse income streams.

High Commercial Appeal & Visibility: The ground floor commercial units benefit from flexible layouts, high foot traffic, and large storefront windows, enhancing business exposure and suitability for a wide range of enterprises.

Growth Area & Community Development: Situated in a vibrant neighborhood experiencing significant economic and community development, indicating strong potential for future appreciation and increased demand.

Cons

Age of Property: Built in 1926, the property is nearly a century old, which may imply higher ongoing maintenance costs, potential for unforeseen structural or system issues, and the need for significant capital expenditures over time.

Complexity of Redevelopment: While offering significant potential, the conversion of commercial units to residential under SB6/AB2011 will likely involve substantial capital investment, complex permitting processes, and extended timelines, requiring specialized expertise.

Unspecified Parking Availability: The property description does not mention parking facilities, which can be a significant challenge and a critical factor for both residential tenants and commercial customers in a high-traffic urban area like Los Angeles.

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

2214 Hooper Avenue, Los Angeles, California 90011, Los Angeles, - bed, bath

About this home

Nearby schools

Price History

Pros

Cons

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI