5928 S Hoover Street
Los Angeles, CA 90044
0
Bed
0
Bath
6,709Sqft
10,557Sqft(Lot)
Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 12% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 9.4% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Flat Property Appliances: Gas Range,Refrigerator,Range Hood Fireplace: None Flooring: Laminate,Vinyl,Wood -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1923 Building Area Total: 6,709 Construction: Stucco Roof: Flat -
Pool Features
NoneLaundry Features
NoneFencing
Wrought Iron
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2424 -
Lot Size Source: Assessor Lot Size Square Feet: 10557
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Listing Price Information
Original List Price: 3,400,000 Listing Contract Date: 2026-06-24 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 6004031040 Annual Tax: 41558
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Garage and Parking
Garage Description: NoneHomeowners Association
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Gas
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Other Property Info
Source Listing Status: Active Source Neighborhood: C34 - Los Angeles Southwest Directions: 110 FWY, EXIT SLAUSON GO WEST AND THEN SOUTH ON HOOVER ST. Source Property Type: Residential Income Area: C34 - Los Angeles Southwest Property SubType: Apartment -
Building and Construction
Property Age: 103 Common Walls: 2+ Common Walls Property Condition: Repairs Cosmetic,Updated/Remodeled Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5879 Bonsallo Avenue, Los Angeles, CA, 90044 | $700,000 | 4 | 3 | 1,993 | 1,993 SqFt |
| 5914 S Hoover, Los Angeles, CA, 90044 | $1,100,000 | -- | -- | 3,444 | 3,444 SqFt |
| 666 W 62nd Street, Los Angeles, CA, 90044 | $610,000 | 3 | -- | 1,497 | 1,497 SqFt |
| 603 W 75th, Los Angeles, CA, 90044 | $799,000 | -- | -- | 3,108 | 3,108 SqFt |
| 6804 S Hoover Street, Los Angeles, CA, 90044 | $545,000 | 2 | -- | 1,200 | 1,200 SqFt |
| 633 W 75th Street, Los Angeles, CA, 90044 | $889,000 | 5 | -- | 1,800 | 1,800 SqFt |
| 850 W Gage Avenue, Los Angeles, CA, 90044 | $1,695,000 | 12 | -- | 4,813 | 4,813 SqFt |
| 837 W 65th St, Los Angeles, CA, 90044 | $700,000 | -- | -- | -- | |
| 854 W 64th Street, Los Angeles, CA, 90044 | $599,999 | 2 | 1 | 975 | 975 SqFt |
| 710 W 76th Street, Los Angeles, CA, 90044 | $949,999 | 5 | -- | 2,864 | 2,864 SqFt |
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ByOwner last updated this listing 06/26/2026 @ 03:39
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