Log In/Sign Up
Your email has been sent.
5914 S Hoover St 6 Unit Apartment Building $1,250,000 ($208,333/Unit) 6.10% Cap Rate Los Angeles, CA 90044
Executive Summary
Excellent investment opportunity with this 6-unit multifamily property located at 5914 S Hoover Ave. The property features six well-designed units, each offering 2 bedrooms and 1 bathroom, along with one assigned parking space per unit — a major value add in the area. 1 unit potential for owner-occupants or investors looking to set market rent. The remaining units offer a solid layout ideal for long-term tenancy. Centrally located with close proximity to major freeways, Downtown Los Angeles, SoFi Stadium, and the Intuit Dome, making this a highly desirable rental location with strong demand. A great opportunity to acquire a stable income property in a prime Los Angeles location with upside potential.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$104,400
|
$29.66
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$104,400
|
$29.66
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $104,400 |
| Annual Per SF | $29.66 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $104,400 |
| Annual Per SF | $29.66 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $208,333 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.10% | Building Size | 3,520 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.7/1,000 SF |
| Zoning | LAC2 - Commercial | ||
| Price | $1,250,000 |
| Price Per Unit | $208,333 |
| Sale Type | Investment |
| Cap Rate | 6.10% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,520 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.7/1,000 SF |
| Zoning | LAC2 - Commercial |
Amenities
Unit Amenities
- Kitchen
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 587 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 6004-031-038 | Improvements Assessment | $212,241 (2025) |
| Land Assessment | $1,061,208 (2025) | Total Assessment | $1,273,449 (2025) |
Property Taxes
Parcel Number
6004-031-038
Land Assessment
$1,061,208 (2025)
Improvements Assessment
$212,241 (2025)
Total Assessment
$1,273,449 (2025)
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Mora Realty Group
5914 S Hoover St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.