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.
Property Details
Price:
$3,700,000
MLS #:
25625149
Status:
Active
Beds:
10
Baths:
15
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Dec 3, 2025
Finished Sq Ft:
6,709
Total Sq Ft:
6,709
Lot Size:
10,557 sqft / 0.24 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Appliances
MW, RF
Heating
ELC
Exterior
Architectural Style
BNG
Financial
Map
Community
- Address5926 S Hoover ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 08, 2025
3,202
Single Family Listed
78
Avg DOM
689
Avg $ / SqFt
$1,521,533
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 $3,700,000 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 $551. The average price per square foot for Single Family listings in Los Angeles is $689. The average listing price for Single Family in Los Angeles is $1,521,533.
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