5926 S Hoover Street, Los Angeles, CA 90044

Local realty services provided by:ERA Excel Realty
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#:25625149
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

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Home facts

  • Year built:1923
  • Listing ID #:25625149
  • Added:198 day(s) ago
  • Updated:December 18, 2025 at 02:28 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
Based on information from California Regional Multiple Listing Service, Inc. as of December 18, 2025 . 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.

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