Mixed-use value-add opportunity in South Los Angeles consisting of six units, including five residential units and one commercial space. The property contains approximately 4,268 SF of net rentable building area on a 5,227 SF lot and offers a combination of existing income and significant potential for future rent growth.
The current unit mix includes two studios, two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one commercial space. The property also includes four garage/parking spaces, creating additional potential for income or possible ADU conversion, subject to applicable zoning, permitting, code requirements, and feasibility. The commercial component may also present an opportunity for conversion to residential use, subject to applicable approvals.
Located in a central South Los Angeles location with convenient access to Downtown Los Angeles, USC, Inglewood, major freeways, and public transportation. The property’s mixed-use configuration, existing residential units, garage area, and potential for increased rental income provide multiple avenues for long-term value creation.
The current unit mix includes two studios, two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one commercial space. The property also includes four garage/parking spaces, creating additional potential for income or possible ADU conversion, subject to applicable zoning, permitting, code requirements, and feasibility. The commercial component may also present an opportunity for conversion to residential use, subject to applicable approvals.
Located in a central South Los Angeles location with convenient access to Downtown Los Angeles, USC, Inglewood, major freeways, and public transportation. The property’s mixed-use configuration, existing residential units, garage area, and potential for increased rental income provide multiple avenues for long-term value creation.
Property Details
Price:
$650,000
MLS #:
SR26186494
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
Listed Date:
Aug 26, 2026
Total Sq Ft:
4,268
Lot Size:
5,228 sqft / 0.12 acres (approx)
Year Built:
1921
See this Listing
Schools
Interior
Laundry Features
NO
Levels
U
Exterior
Common Walls
NCW
Community Features
URB
Garage Spaces
4
Parking Spots
4
Parking Total
4
Financial
Map
Community
- Address5324 S Hoover Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Aug 31, 2026
8,072
Single Family Listed
87
Avg DOM
428
Avg $ / SqFt
$1,560,155
Avg List Price
Property Summary
- 5324 S Hoover Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $650,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1921. The average price per square foot for Single Family listings in Los Angeles is $428. The average listing price for Single Family in Los Angeles is $1,560,155.
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