9206 S Hoover, Los Angeles, CA 90044

Updated rents in the description. Seller credit to buyer at closing toward closing costs: A well-maintained, pride-of ownership quadruplex nestled in the heart of Los Angeles -- just three miles from SoFi Stadium and centrally positioned between Downtown LA and the beaches. This is a rare opportunity to acquire a fully-occupied, income producing 4-unit property with a proven rent roll and immediate cash flow from day one. Currently under a 2.25% interest VA loan that is assumable, subject to VA and lender approval. The property features a diversified unit mix of one studio, two one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit -- generating $6,635.56 per month. Each unit is separately metered, keeping utility costs with the tenants and maximizing net operating income for the owner. The building also features three one-car garages and one carport, with tandem parking available in front of each space -- a premium amenity in the South LA rental market that reduces...