5324 S Hoover

Los Angeles, CA 90037
  • $650,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 4,268

    SqFt

About the Listing SR0164300 - SR207064847

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.

Listing Highlights

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® SR26186494
Year Built 1921
Total Square Footage 4,268
Lot/Acreage 0.12

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Street Level,No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 4
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5001026011
  • Tax Year: N/A

Payment Calculator

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Questions About..

5324 S Hoover Los Angeles, CA 90037

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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