171 S Hoover, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
171 S Hoover,Los Angeles, CA 90004
$3,495,000
Virtual Tour
  • 13 Beds
  • 11 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:BB26208194
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,495,000

About this home

171 S Hoover St is a 2025-built, NON-RENT-CONTROLLED luxury 6-unit investment opportunity located between Silver Lake, Echo Park, Koreatown and Downtown Los Angeles. The property is 100% leased at market rents and delivers a strong 5.73% real cap rate with $251,760 in annual gross potential income, offering an investor immediate, stabilized cash flow from day one. Spanning nearly 7,200 square feet, Hoover features an exceptional oversized unit mix with three large 4-bedroom units, one 3-bedroom unit and two spacious 2-bedroom units. The residences boast tenant-friendly floorplans that live more like private homes than traditional apartments. Each unit offers high-end modern finishes including large kitchen islands, floor-to-ceiling windows, walk-in closets, central HVAC, in-unit washers and dryers, and expansive private balconies. The location provides tenants with convenient access to major entertainment, healthcare and employment centers, including Netflix, Paramount Studios, Kaiser...

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Home facts

  • Listing ID #:BB26208194
  • Added:50 day(s) ago
  • Updated:November 13, 2026 at 03:33 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:11

Heating and cooling

  • Cooling:Central Forced Air

Structure and exterior

  • Levels:3 Story

Finances and disclosures

  • Price:$3,495,000
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