7620 S Hoover, Los Angeles, CA 90044

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
7620 S Hoover,Los Angeles, CA 90044
$950,000
  • - Beds
  • - Baths
  • 3,698 sq. ft.
  • Multi-family
  • Active
Listed by: ta mara jones
Office: calvary realty inc
MLS#:CV25281839
Source:CRMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$256.9

About this home

Calvary Realty is pleased to present a Section 8–backed multifamily investment located at 7620 Hoover Street, Los Angeles, CA, within the Los Angeles–Long Beach–Anaheim MSA, the second-largest metropolitan area in the nation with a population of 12.9 million. The property is offered at $950,000, representing an existing cap rate of 5.38% and a price per square foot of $256.90, positioning it as an accessible entry point into a highly coveted Los Angeles submarket. Originally built in 1955 with updates in 1965, the asset sits on 0.16 acres and consists of a single two-story concrete building totaling 3,698 rentable square feet across four units. Current physical occupancy is 75%, with stable Section 8 income providing downs ide protection and the opportunity for rental upside through improved operations and lease-up. The property is strategically located near the intersection of S Hoover Street and W 77th Street, offering excellent accessibility just adjacent to

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Home facts

  • Year built:1955
  • Listing ID #:CV25281839
  • Added:52 day(s) ago
  • Updated:February 21, 2026 at 02:20 PM

Rooms and interior

  • Living area:3,698 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1955
  • Building area:3,698 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$256.9
Based on information from California Regional Multiple Listing Service, Inc. as of February 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.