5926 S Hoover Street, Los Angeles, CA 90044
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
5926 S Hoover Street,Los Angeles, CA 90044
$3,700,000
- 10 Beds
- 15 Baths
- 6,709 sq. ft.
- Multi-family
- Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:25602939
Source:CRMLS
Price summary
- Price:$3,700,000
- Price per sq. ft.:$551.5
About this home
Huge 500k Price Reduction! Existing 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 7.25% Cap Rate and 10.1 GRM from day 1. The units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, as well as major exterior capital improvements. On top of that, the major systems have been updated including brand new roofs, electrical, plumbing, HVAC, etc. and even a brand-new fire sprinkler system for all the units that will save you tons of money on insurance costs in California! Amazing upside to 10.4% Cap Rate & 7.4 GRM on the proforma. Additionally, there are preliminary plans to convert the 2 existing brand-new detached ADUs into 6 detached ADUs (4 additional) to improve the numbers even further. Excellent up and coming location minutes from Banc of California Stadium, USC, & Inglewood. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Large ~10,554 SF TOC Tier 3 lot zoned C2 with future redevelopment potential.
Contact an agent
Home facts
- Year built:1923
- Listing ID #:25602939
- Added:173 day(s) ago
- Updated:November 21, 2025 at 03:31 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:15
- Living area:6,709 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1923
- Building area:6,709 sq. ft.
- Lot area:0.24 Acres
Finances and disclosures
- Price:$3,700,000
- Price per sq. ft.:$551.5
New listings near 5926 S Hoover Street
- New
$539,000Active3 beds 3 baths1,356 sq. ft.9740 Sepulveda Boulevard #18, North Hills (los Angeles), CA 91343
MLS# CRSR25263884Listed by: MISSION REAL ESTATE - New
$1,245,000Active3 beds 3 baths2,230 sq. ft.6221 Mammoth Avenue, Los Angeles, CA 91401
MLS# CRSR25265046Listed by: EQUITY UNION - New
$1,220,000Active3 beds 3 baths2,328 sq. ft.320 S Kingsley, Los Angeles, CA 90020
MLS# CRWS25265117Listed by: PROS GROUP INC - New
$675,000Active2 beds 2 baths1,190 sq. ft.645 W 9th Street #240, Los Angeles, CA 90015
MLS# 25598531Listed by: EXP REALTY OF CALIFORNIA INC - New
$675,000Active2 beds 2 baths1,190 sq. ft.645 W 9th Street #240, Los Angeles, CA 90015
MLS# CL25598531Listed by: EXP REALTY OF CALIFORNIA INC - New
$1,300,000Active6 beds 3 baths3,380 sq. ft.9830 Vanalden, Northridge (los Angeles), CA 91324
MLS# CRSR25256206Listed by: COLDWELL BANKER QUALITY PROPERTIES - New
$1,081,990Active4 beds 4 baths1,875 sq. ft.1660 Coral Sea Lane, Los Angeles, CA 90732
MLS# CL25621961Listed by: RC HOMES, INC. - New
$649,900Active3 beds 2 baths1,374 sq. ft.351 E 92nd, Los Angeles, CA 90003
MLS# CRCV25265028Listed by: RE/MAX TOP PRODUCERS - Open Sun, 1 to 4pmNew
$465,000Active2 beds 2 baths1,010 sq. ft.5515 Canoga #318, Woodland Hills, CA 91367
MLS# SR25265159Listed by: EQUITY UNION - New
$510,000Active2 beds 2 baths1,096 sq. ft.9901 Independence Avenue #D, Chatsworth (los Angeles), CA 91311
MLS# CRSR25262856Listed by: PINNACLE ESTATE PROPERTIES, INC.