$ 899,000
-
$899,000
Price -
5
Bed -
4
Bath -
2,265
SqFt
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About the Listing VCR-CB3416001 - VCR-C159051368
A well-maintained, pride-of-ownership quadruplex nestled in the heart of Los Angeles -- just three miles from SoFi Stadium and centrally positioned between Downtown LA and the beaches. This is a rare opportunity to acquire a fully-occupied, income-producing 4-unit property with a proven rent roll and immediate cash flow from day one.The property features a diversified unit mix of one studio, two one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit -- generating $6,595 per month ($79,140 annually) in gross rental income. Each unit is separately metered, keeping utility costs with the tenants and maximizing net operating income for the owner. The building also features three one-car garages and one carport, with tandem parking available in front of each space -- a premium amenity in the South LA rental market that commands tenant loyalty and reduces vacancy.The property has been remodeled and well-maintained, offering investors a true pride-of-ownership asset without deferred maintenance. Units feature open floor plans, washer/dryer hookups, and a welcoming aesthetic that keeps quality tenants in place. The 2-bedroom unit is a standout -- spacious, functional, and among the most in-demand floor plans in this submarket.Strategically located in Vermont Vista, this address sits within reach of major transit corridors, including Harbor Freeway Station (1.9 miles away), and is minutes from Los Angeles International Airport (7.6 miles), local shopping, restaurants, and top-rated schools in the Inglewood Unified School District. Whether your tenants commute to Downtown, the Westside, or the South Bay, this location delivers.For the investor, this property checks every box: stable tenancy, diversified unit mix to spread vacancy risk, no shared utilities, off-street parking, and market rents that present immediate value-add upside -- current rents sit approximately $790/month below the 90044 market ceiling, providing a clear path to increased income through natural turnover and RSO-compliant annual adjustments. This building is priced to move -- comparable 4-unit properties on this very street and throughout 90044 have sold in the $840,000-$965,000 range in 2025 alone.
Listing Highlights
Status
Active
Days on Site
35
Property Type
Multi-Family
MLS ®
226001721
Year Built
1948
Total Square Footage
2,265
Lot/Acreage
0.14
County
Los Angeles
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Gas Cooking, Water Heater
- Air Cond:
- Heating: Central
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Paved,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 3
- Zoning: LARD1.5
- Roof: Flat
- Others: Stucco,2+ Total Units
- Sewer: Public Sewer
- Parking Features: Gated
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6039014026
- Tax Year: N/A
Payment Calculator
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Questions About..
9206 Hoover St Los Angeles, CA 90044
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