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5930 S Hoover

5930 S Hoover Los Angeles, CA 90044

Multi-Family (2-4 Units) MLS #: DW25004558 Courtesy Of Realty ONE Group United

$3,995,000

10 beds | 15 baths | 6,709 sq ft
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Estimated monthly payments: $17,464/mo.* (recalculate)
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Property InformationDescription

Huge 400k Price Reduction! 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 6.5% Cap Rate and 11.1 GRM from day 1. The units (3 vacant) have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, 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 39% upside to 9.7% Cap Rate & 8 GRM on the proforma. 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.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other

MAP & DIRECTIONS

MAP & DIRECTIONS

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5930 S Hoover, Los Angeles, CA 90044
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School Information

5930 S Hoover, Los Angeles, CA 90044

Elementary School
Grades KG-6 | Public School
61ST STREET ELEMENTARY SCHOOL
Los Angeles, CA 90003
6020 S Figueroa St
323.­759.1138
Distance: 0.3 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
627
Middle School
Grades 6-8 | Public School
JOHN MUIR MIDDLE SCHOOL
Los Angeles, CA 90044
5929 S Vermont Ave
323.­565.2200
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
21:1
Total Students
687
High School
Grades 9-12 | Public School
AUGUSTUS F. HAWKINS HIGH SCHOOL - CRITICAL DESIGN AND GAMING
Los Angeles, CA 90044
825 W 60th St
323.­789.1282
Distance: 0.1 mi
School Rating
D-
Student:Teacher Ratio
19:1
Total Students
454
High School
Grades 9-12 | Public School
AUGUSTUS F. HAWKINS HIGH SCHOOL - COMMUNITY HEALTH ADVOCATES
Los Angeles, CA 90044
825 W 60th St
323.­789.1282
Distance: 0.1 mi
School Rating
F
Student:Teacher Ratio
19:1
Total Students
397
High School
Grades 9-12 | Public School
AUGUSTUS F. HAWKINS HIGH SCHOOL - RESPONSIBLE INDIGENOUS SOCIAL ENTREPRENEURSHIP
Los Angeles, CA 90044
825 W 60th St
323.­789.1282
Distance: 0.1 mi
School Rating
D
Student:Teacher Ratio
15:1
Total Students
232
Other Nearby Schools Distance Type Grades School Rating
Budlong Avenue Elementary School 0.5 mi Public KG-5 C-
Gil Garcetti Learning Academy 0.6 mi Public KG-6 B
Gerald A. Lawson Academy 0.7 mi Public KG-6 D
52nd Street Elementary School 0.7 mi Public KG-5 D+
Aspire Slauson Academy Charter 0.7 mi Public KG-6 C-
Aspire Juanita Tate Academy Charter 0.7 mi Public KG-6 B
Aspire Inskeep Academy Charter 0.7 mi Public KG-6 B
St Columbkille Elementary School 0.7 mi Private KG-8
St Raphael Elementary School 0.7 mi Private PK-8
Aspire Slauson Academy 0.8 mi Public KG-6
Aspire Inskeep Academy 0.8 mi Public KG-6
Aspire Juanita Tate Academy 0.8 mi Public KG-6
Icef Innovation Los Angeles Charter 0.8 mi Public KG-5 D+
Normandie Christian School Of Los Angeles 0.8 mi Private KG-5
Estrella Elementary School 0.8 mi Public KG-5 D-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90044

Median Age: 32.6
Married: 33%
Number of Households: 25,417
Households with Children: 46.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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