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Your Starter Home on Hoover Street Awaits

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What's notable about this listing--a two-bedroom on Hoover Street asking $250,000---is that it's not a short sale. What's also notable is that the listing puts in Silver Lake/Echo Park, but it's actually closer to West 3rd and Lafayette Park. And while this neighborhood isn't likely to take off in the same way that Echo Park or Silver Lake did, you could do worse for a starter home or possible investment. According to the listing, it last sold for $625,000 in 2006. Really?
· 223 South HOOVER St [Redfin]

223 South HOOVER St, los angeles