900 N Hoover Street

Description

Located in highly desirable Silver Lake, is this unique, one-of-a-kind true trophy six-unit income property. Known as the SanctumArtiste, the building was originally constructed as a church in1926 before being converted to apartments in 2013 (not subject to LA Rent Control), and has been completely remodeled and updated since. All the units are three level creative lofts with a perfect blend of vintage hardwood flooring and original stained glass windows mixed with sleek modern kitchens and baths. At varying sizes and layouts, they all contain two bedrooms and two bathrooms with soaring approximately 18' ceilings on the main floor. Within short distance to prime Sunset Junction and all its goods and services, the building is very attractive to high quality tenants. Other features include; gated parking with seven spaces, washers and dryers in all the units, central air and heat, and all units separately metered. Owner's also have a highly attractive assumable loan available at 3.39%, making the monthly payments just $8,859/mo, on a building bringing in over $25,000/mo in income! This is a very rare opportunity in an A+ location that is not to be missed!