For sale · Active

1247 N Hoover Street

Los Angeles, CA 90029

$1,649,000
Bedrooms & bathrooms4 Beds • 3 Baths
Living area1,517 (area; units unconfirmed)
Lot size0.1189 acres
Property typeSingle Family Residence
View map ↗

Listing broker / agent: Nourmand & Associates-HW · Levi Freeman · CRMLS

MLS # 26994139 · Last checked Nov 15, 2026 04:36 UTC

About this property

A compelling opportunity in the heart of Silver Lake, 1247 N Hoover pairs the charm of a beautifully updated residence with the immediate benefit of substantial in-place income. Comprised of a 3-bedroom, 2-bath main house and a separate 1-bedroom, 1-bath ADU, the property is currently generating $9,000 per month in combined rental income, offering an attractive option for investors, 1031 exchange buyers, or those considering future owner occupancy. The main residence is warm and inviting, with beautiful hardwood and tile floors and a gracious front porch that sets the tone from the moment you arrive. Off the kitchen, a second porch opens to a redwood deck and private backyard, creating an ideal setting for morning coffee, outdoor dining and entertaining. Thoughtful improvements include a brace-and-bolt foundation retrofit, updated electrical, copper plumbing, brand new central HVAC and a tankless water heater. The beautifully finished ADU offers its own private 1-bedroom, 1-bath residence complete with HVAC, washer/dryer and dishwasher. Currently leased for $2,700 per month, it complements the main residence, which is leased for $6,300 per month, for combined gross income of $108,000 annually. Both current leases extend through January 2027, creating a unique opportunity to acquire a stabilized income-producing property today with flexibility for its next chapter thereafter. And then there is the location: moments from Intelligentsia, Tartine, Erewhon, Kismet, Sweetgreen, neighborhood restaurants, cafs, boutiques and vintage shopping, placing some of the very best of Silver Lake just outside your door. With Los Angeles preparing to welcome the world for the 2028 Olympic Games, 1247 N Hoover presents a rare combination of character, income and long-term versatility in one of the city's most sought-after neighborhoods. Property is tenant-occupied. To respect the privacy of the occupants, interior showings will be accommodated for well-qualified buyers upon receipt of an offer. Please do not disturb tenants.

Property details

MLS number
26994139
Status
Active
Type
Residential
Subtype
Single Family Residence
Beds / baths
4 Beds • 3 Baths
Living area
1,517 (area; units unconfirmed)
Lot size
0.1189 acres
County
Los Angeles
Year built
1905
Stories
1
More property detailsExpandCollapse

Listing

Days on market
8

Building

Year built
1905
Year built source
Assessor
Stories
1
Building stories
0
Levels
One
Living area source
Measured

Bathrooms

Full bathrooms
1
Half bathrooms
0
Three-quarter bathrooms
2
Quarter bathrooms
0

Rooms & interior

Appliances
Dishwasher, Dryer, Washer
Flooring
Wood
Heating
Central
Cooling
Central Air
Fireplace
Decorative
Furnishing
Unfurnished

Exterior & parking

Total parking spaces
3
Parking
Shared Driveway
Pool
None
Spa
None
Lot size source
Other
Property outlook
None

Utilities & community

Water
Public
Sewer
Other

Fees & lease terms

Association
No
Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Lexington Avenue Primary Center (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–2 0.2 mi
Thomas Starr King Middle School Film and Media Magnet (school website, opens in a new tab) Los Angeles Unified · Los Angeles 6–8 0.2 mi
Lockwood Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–6 0.5 mi
Micheltorena Street Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.7 mi
Los Feliz Science/Tech/Engineer/Math/Medicine Magnet (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.7 mi
Franklin Avenue Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.8 mi
Ramona Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.9 mi
Dayton Heights Elementary (school website, opens in a new tab) Los Angeles Unified · Los Angeles K–5 0.9 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$1,649,000
MLS-reported original asking price
$1,649,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 06:03$1,649,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Los Angeles

Active residential homes for sale in Los Angeles, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings3,796Current authorized inventory
Median asking price$1,099,0003796 listings with a valid price
Median asking price / sq ft$609.411358 listings with confirmed sq ft
Median days on market353796 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction653
Listings with an increase23

669 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-11-15 04:47 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

Plan your monthly costs

Payment calculator

Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.

Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

Enter your rate and costs, then calculate.

Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

Understanding homeownership costs — CFPB ↗
IDX listing information is provided for consumers’ personal, non-commercial use solely to identify prospective properties they may be interested in purchasing. Information is deemed reliable but is not guaranteed. Verify all information and current availability with the listing broker.