logo
Los Angeles icon
icon Los Angeles icon
img
icon icon
27 Photos
icon
icon icon
5926 S Hoover Street
USD 4,195,000
Property ID: 25547103
icon
5926 S Hoover Street ,90044
icon --
icon 10557 SqFt
icon Built in 1923
icon USD 397/SqFt
icon 10 Beds
icon 15 Full
icon --
icon --
icon
icon
Location
icon
icon Direction
Interior Details
Bedrooms
10
Bathrooms
15
Interior Size
6709
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1923
See more icon
Detailed Introduction Of This Home
15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 6.25% Cap Rate and 11.5 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 9% Cap Rate & 8.4 GRM on the proforma. Preliminary plans to convert the 2 existing 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.
Continue Reading >>
Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Similar houses you may like
8919 Riata Lane
8919 Riata Lane
icon 8919 Riata Lane
6098 SqFt  / 4 Beds  / 3 Full Bas
USD 414,757
15317 S Catalina Avenue
15317 S Catalina Avenue
icon 15317 S Catalina Avenue
6847 SqFt  / 3 Beds  / 1 Full Bas
USD 699,000
17512 Van Ness Avenue
17512 Van Ness Avenue
icon 17512 Van Ness Avenue
15113 SqFt  / 3 Beds  / 4 Full Bas
USD 949,000
4959 Palo Verde Street #200C-2
4959 Palo Verde Street #200C-2
icon 4959 Palo Verde Street #200C-2
120960 SqFt  / 0 Bed  / --
USD 600
Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
1 of 27
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
album
Photos (27)
icon
icon
banner
5926 S Hoover Street
USD 4,195,000 10 Beds
icon Copy link
icon WhatsApp
icon Facebook
icon Twitter
icon
Welcome to House.world
Log in or sign up to get the most out of your experience. This will also help increase your chances of response from agents.
Enter a valid email address.
or
Continue with Google
By submitting, I accept House.world’s   Terms of use
icon icon
Verify Your Email
Hello ,we’ ve just sent the code to your email.please check and enter the code here to continue logging in.
Verification code error
Didn’t receive email? Please check your spam folder