Listed by Kim Real Estate, Inc
$999,999
8129 S Hoover
Details
APN 6032006002
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,536
Units 4
NOI $72,076
Price per SqFt $651
Year Built 1923
Buildings 2
Stories 1
Lot Size (SqFt) 7,028
Zoning Assessor
Parking Spaces 8 spaces
Parking per 1,000 SqFt 5.21
Multifamily | 4 Units
Marketing description
Charming quadruplex investment opportunity just minutes from Downtown LA! This unique property offers four 1-bedroom, 1-bath units, each with its own distinct appeal. Lower-level, single-story units feature generously sized kitchens and living spaces that tenants love. All units have been updated with energy-efficient mini-split systems for year-round comfort. A detached rear structure provides valuable additional parking. Centrally located near Downtown LA, USC, public transit, dining, and shopping, this property benefits from strong and consistent rental demand. Estimated total monthly market rents of $6,525 (buyer to verify)
Listing Contacts
Listed by Kim Real Estate, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,076.00
$6,006.33/mo
Valuation Metrics
0
DSCR
7.21%
Cap Rate
7.21%
ROI
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