5914 S Hoover Street, Los Angeles, CA 90044
- $1,200,000
- Sold Price
- $1,200,000
- List Price
- $1,270,000
- Closing Date
- Mar 31, 2022
- Status
- CLOSED
- MLS#
- SB21239666
- Year Built
- 1957
- Lot Size
- 4,765
- Acres
- 0.11
- Lot Location
- Street Level
- Days on Market
- 116
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We are proud to present our latest investment opportunity located at 5914 S. Hoover Street. This 6 unit property features compelling rental upside of 60%, making this an excellent property for a short or long-term investor! The building is individually metered for gas and electricity, and features ample parking for tenants. The great unit mix is comprised of all 2 Bedroom units, and is located in an incredibly strong LA rental sub-market. The neighborhood is very walkable with a walk score of 82 and is close to plenty of transit options, schools, stores, etc.
/u.realgeeks.media/southbayonsale/New_Logo_No_Smoke_In_Fireplace.png){kind=logo}
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $101,729
- Operating Expense
- 36686
Listing courtesy of Listing Agent: Josh Cohen (josh@cohengroupla.com) from Listing Office: Keller Williams Beach Cities.
Listing sold by William Ramirez from Realty One Group United
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.