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5926 S Hoover Street Los Angeles, CA $ 3,700,000
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5926 S Hoover Street
$ 3,700,000
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5926 S Hoover Street

Los Angeles, CA, 90044
$ 3,700,000
Bedrooms10 Baths2.0 Sq 6,709

Monthly Estimate*

$ 23,083

Listed by Global Platinum Properties, Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $3,700,000 with 10 bedrooms and 2 full baths. This 6,709 square foot home was built in 1923 on a lot size of 0.2424.

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.

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Multi-Family Active

Price

$ 3,700,000

Bedrooms

10

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2424

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25625149

Days on Market

18
Features
General
Living Area 6709
Heating Electric
Appliances Microwave Refrigerator
Zoning LAC2
Architectural Style Bungalow
Year Built 1923
Stories Count 1
Levels One
Gross Income 364938
County Los Angeles
Net Operating Income 268432
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions From Slausin Turn South onto Hoover. Pass 59th Street subject is on the East Side.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 15
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 10557
Property Attached Y/N true
Standard Status Active
Cap Rate 7.25
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Interior
Interior Amenities Ceiling Fan(s)
Total Stories 1
Common Walls 1 Common Wall
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 10
Total Baths 15
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Exterior
Parking Features None
Total Parking 0
Lot Size Area 10557
Number of Buildings 3
Building Area Total 6709
Lot Size Acres 0.2424
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* Excluded Features
List By
Global Platinum Properties, Inc.

Broker

arminsoleimani@gmail.com

Email

Affordability Calculator

$23,083
Per Month
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Monthly Principal & Interest
$23,083
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/3/2025$3,700,000 Listed Price

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5926 S Hoover Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $3,700,000 with 6,709 sqft and a lot size of 0.2424. 5926 S Hoover Street has 10 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 90044 which is in Los Angeles, CA

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