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5930 S Hoover, Los Angeles, CA 90044

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For Sale

$3,995,000

10 beds15 baths6,709 sqft

Estimated Payment

$ 20,560 /mo.

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $595.47
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Huge 400k Price Reduction! 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 6.5% Cap Rate and 11.1 GRM from day 1. The units (3 vacant) have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, 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 39% upside to 9.7% Cap Rate & 8 GRM on the proforma. 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.
MLS# DW25004558

Courtesy Of Realty ONE Group United

(562) 228-4900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 5930 S Hoover, Los Angeles, CA 90044
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $20,560
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $20,560

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

61st Street Elementary School

Grades KG-6 Public School


Los Angeles, CA 90003 0.3 miles
6020 s figueroa st

627 total students
19:1 Student teacher ratio

John Muir Middle School

Grades 6-8 Public School


Los Angeles, CA 90044 0.3 miles
5929 s vermont ave

687 total students
21:1 Student teacher ratio

Augustus F. Hawkins High School - Community Health Advocates

Grades 9-12 Public School


Los Angeles, CA 90044 0.1 miles
825 w 60th st

397 total students
19:1 Student teacher ratio

Augustus F. Hawkins High School - Critical Design And Gaming

Grades 9-12 Public School


Los Angeles, CA 90044 0.1 miles
825 w 60th st

454 total students
19:1 Student teacher ratio

Augustus F. Hawkins High School - Responsible Indigenous Social Entrepreneurship

Grades 9-12 Public School


Los Angeles, CA 90044 0.1 miles
825 w 60th st

232 total students
15:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Budlong Avenue Elementary School 0.5 miles Public KG-5 C-
Gil Garcetti Learning Academy 0.6 miles Public KG-6 B
Gerald A. Lawson Academy 0.7 miles Public KG-6 D
52nd Street Elementary School 0.7 miles Public KG-5 D+
Aspire Slauson Academy Charter 0.7 miles Public KG-6 C-
Aspire Juanita Tate Academy Charter 0.7 miles Public KG-6 B
Aspire Inskeep Academy Charter 0.7 miles Public KG-6 B
St Columbkille Elementary School 0.7 miles Private KG-8
St Raphael Elementary School 0.8 miles Private PK-8
Aspire Slauson Academy 0.8 miles Public KG-6
Aspire Inskeep Academy 0.8 miles Public KG-6
Aspire Juanita Tate Academy 0.8 miles Public KG-6
Icef Innovation Los Angeles Charter 0.8 miles Public KG-5 D+
Normandie Christian School Of Los Angeles 0.8 miles Private KG-5
Estrella Elementary School 0.8 miles Public KG-5 D-

Budlong Avenue Elementary School

Distance: 0.5 miles

Type Public

Grades: KG-5

C-

Gil Garcetti Learning Academy

Distance: 0.6 miles

Type Public

Grades: KG-6

B

Gerald A. Lawson Academy

Distance: 0.7 miles

Type Public

Grades: KG-6

D

52nd Street Elementary School

Distance: 0.7 miles

Type Public

Grades: KG-5

D+

Aspire Slauson Academy Charter

Distance: 0.7 miles

Type Public

Grades: KG-6

C-

Aspire Juanita Tate Academy Charter

Distance: 0.7 miles

Type Public

Grades: KG-6

B

Aspire Inskeep Academy Charter

Distance: 0.7 miles

Type Public

Grades: KG-6

B

St Columbkille Elementary School

Distance: 0.7 miles

Type Private

Grades: KG-8

St Raphael Elementary School

Distance: 0.8 miles

Type Private

Grades: PK-8

Aspire Slauson Academy

Distance: 0.8 miles

Type Public

Grades: KG-6

Aspire Inskeep Academy

Distance: 0.8 miles

Type Public

Grades: KG-6

Aspire Juanita Tate Academy

Distance: 0.8 miles

Type Public

Grades: KG-6

Icef Innovation Los Angeles Charter

Distance: 0.8 miles

Type Public

Grades: KG-5

D+

Normandie Christian School Of Los Angeles

Distance: 0.8 miles

Type Private

Grades: KG-5

Estrella Elementary School

Distance: 0.8 miles

Type Public

Grades: KG-5

D-

Local area information for Los Angeles, CA 90044

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Los Angeles, CA 90044

This community’s employment is highest in the education and administrative support industries. The area’s overall household expenses are below the national average.

80° August
Hottest Average Month

46° January
Coldest Average Month
25,417 Total Households in Area
46.3%
of households
have children
36 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Los Angeles, CA 90044

Los Angeles, CA 90044 has a population of 90,860 people in 25,417 households with a median age of 32.6 years old.

Down -2.8%
Decrease in population
since the year 2010

Population is Trending down
26,822
Total households as of 2010
Up
0.4%

Community Population By Age

Community Population By Ethnicity

Hispanic 64%
Other 48%
Black 31%
White 6%
Native American 2%
Asian <1%

Economics
for Los Angeles, CA 90044

17,582 /sq mi
Population Density
$46,615 /yr
Median Household Income
$640,000
Median Sales Price
36 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 79%
  • Public Transit 9%
  • Work from Home 6%
  • Walk or Bike 5%

Occupancy by Type

Rented 17,718 67%
Owned 7,699 29%
Vacant 1,110 4%

White vs Blue Collar Jobs







White Collar 55%
Blue Collar 45%

Family & Education Facts
for Los Angeles, CA 90044

32.6 Median Age

Average Household Size

3.6
persons per
household

32.7%

Married Households

Community Population By Education

Some High School 36%
High School Graduate 28%
Some College 19%
Bachelors Degree 8%
Associates Degree 6%
Graduate Degree 3%

Household Family Expenses vs National Average

46.4% of households have children

Weather
for Los Angeles, CA 90044

The weather for this area ranges from a high of 80° F in August to a low of 46° F in January

80° August
Hottest Average Month
46° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
46°
66°
Feb
48°
67°
Mar
49°
68°
Apr
52°
70°
May
55°
71°
Jun
58°
74°
Jul
62°
79°
Aug
63°
80°
Sep
61°
79°
Oct
57°
76°
Nov
51°
72°
Dec
46°
67°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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