$650,000
For Sale by Owner
Listed 17 days ago

4BR Multi-Family for Sale in Los Angeles, CA

5324 S Hoover St, Los Angeles, CA 90037
4 Beds
5 Bath
Built 1921
PropSlick Verified Data Key facts & insights for this exact address
1921
Year Built
5,227 sf
Lot Size
4
Garage Spaces
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1921
Lot Size5,227 sq ft
Garage Spaces4

Property Description

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 description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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Christopher Martinez Diaz
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