5926 S HOOVER ST Los Angeles, CA 90044

$1,650,000

1 of 24

Bedrooms

Total Baths

Full Baths

5,760

Square Feet

0.24

Acres

1923

Year Built

32 days

On Website

Active

Status

"Large 5,760 SF 8-unit bungalow-style Fixer building with 5 vacancies in South LA. Incredible Current Cap Rate of 7.4% and GRM of 10.2 after renovations. There is 35% upside to a 10.8% Cap Rate and 7.6 GRM on the Proforma. Excellent up and coming location minutes from Banc of California Stadium, USC, and Inglewood. Potential to reconfigure the layouts to create additional beds and maximize rents. Potential of adding 2 ADUs in the back to reduce the price to only 165k/door. Individually metered for Gas & Electricity. Large 10,268 SF C2 Lot for future redevelopment."

I'm Interested

Schedule a showing
In Person Virtual NEW

Details


Interior
Living Area
5,760 SqFt.

Building And Construction
Number Of Units Total
8
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1923

Exterior And Lot
Lot Size Acres
0.2423
Lot Size Square Feet
10554
Lot Size Units
Square Feet

Area And Schools
City
Los Angeles
County Or Parish
Los Angeles

Listing By Corcoran Global Living – Jorge Lopez

MLS# DW21018066

Data Last Updated 12:41am - 03/01/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

Transportation

Walking

Very Walkable

Your browser is out of date or unsupported. Some features of this website may not work until you update to a supported browser. More Info

Your browser is not currently supported. We recommend viewing REMAX.com and it's affiliated sites on one of the following browsers: