5926 S Hoover ST
Los Angeles, CA, 90044
$3,600,000
10 Beds
15 Baths
6,709 SqFt
0.24 Acres
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MLS #25625149 image #0
Huge 600k Price Reduction! Existing 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 7.5% Cap Rate and 9.8 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 10.7% Cap Rate & 7.2 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.

Property Details

Price:
$3,600,000
MLS #:
25625149
Status:
Active
Beds:
10
Baths:
15
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Jan 14, 2026
Finished Sq Ft:
6,709
Total Sq Ft:
6,709
Lot Size:
10,557 sqft / 0.24 acres (approx)
Year Built:
1923
BungalowC42 – Downtown L.a.C42downtownla

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Schools

Interior

Appliances
MW, RF
Heating
ELC

Exterior

Architectural Style
BNG

Financial

Gross Operating Income
$353,990
Net Operating Income
$270,002

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Feb 02, 2026
6,874
Single Family Listed
67
Avg DOM
507
Avg $ / SqFt
$1,487,157
Avg List Price

Property Summary

    5926 S Hoover ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90044. It is listed for $3,600,000 and features 10 beds, 15 baths, and has approximately 6,709 square feet of living space, and was originally constructed in 1923. The current price per square foot is $537. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,487,157.

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