5324 S Hoover
Los Angeles, CA 90037
4
Bed
5
Bath
5,228Sqft(Lot)
Mixed-use value-add opportunity in South Los Angeles consisting of six units, including five residential units and one commercial space. The property contains approximately 4,268 SF of net rentable building area on a 5,227 SF lot and offers a combination of existing income and significant potential for future rent growth. The current unit mix includes two studios, two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one commercial space. The property also includes four garage/parking spaces, creating additional potential for income or possible ADU conversion, subject to applicable zoning, permitting, code requirements, and feasibility. The commercial component may also present an opportunity for conversion to residential use, subject to applicable approvals. Located in a ce
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1921Building Area Total: 4268Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 5228 Lot Size Acres: 0.12 Lot Size Source: Assessor Lot Size Square Feet: 5,228 Lot Description: StreetLevel
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Listing Price Information
Listing Price: $650000Cash, Conventional, FHA, FannieMae, FreddieMac
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Tax Information
Parcel Number: 5001026011 Tax Lot: A
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Parking Information
Parking Total: 4Garage Information
Has Garage: Yes Garage Space: 4
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Location Information
Direction: Hoover and 53rd WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4240 Figueroa Street, Los Angeles, CA, 90037 | $3,999,000 | 1 | 1 | -- | |
| 324 W 50th, Los Angeles, CA, 90037 | $824,000 | 4 | 6 | -- | |
| 517 W 42nd, Los Angeles, CA, 90037 | $1,190,000 | 4 | 6 | -- | |
| 1175 Leighton, Los Angeles, CA, 90037 | $4,995,000 | 26 | 26 | -- | |
| 3914 S Normandie Avenue, Los Angeles, CA, 90037 | $1,100,000 | 10 | 5 | -- |
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ByOwner last updated this listing 08/27/2026 @ 06:46
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