10405 S Hoover St, Los Angeles, CA 90044
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10405 S Hoover St Los Angeles, CA 90044

$750,000 Sold Price as of 04/25/2023
  • 5 Beds
  • 3 Baths
  • 1,804 Sq.Ft.
Sold
$750,000 Sold Price as of 04/25/2023 Refinance Your Mortgage

Map preview of 10405 S Hoover St, Los Angeles, CA 90044

Property Overview: 10405 S Hoover St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,804 living square feet and 6,511 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing rental location. Approved and permit paid for conversion of garage to 3 bedroom ADU. After conversion property should be performing at an approximate 8 cap rate. Please contact agent for approved ADU plans and full OM.

Listed by Hooman Emanuel | BRE #01200237 | Keller Williams Studio City
Last checked: 15 minutes ago | Last updated: August 2nd, 2024 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
6,511
HOA Dues
$0/mo
Year built
1942
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23243547
City
Los Angeles
County
Los Angeles
Time on Site
576 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,765
  • Total Rent: $1,765
  • Pro Forma/Market Rent: $2,096
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,205
  • Total Rent: $2,205
  • Pro Forma/Market Rent: $3,231
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $772
  • Total Rent: $772
  • Pro Forma/Market Rent: $2,096
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.96
  • Gross Scheduled Income: --
  • Net Operating Income: $39,832
  • Gross Operating Income: $57,313
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10405 S Hoover St

Interior Features
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 3
  • Parcel Number: 6061013028
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: On South Hoover just south of West 104th Street
View more facts & features

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Sale History for 10405 S Hoover St

Last sold for $750,000 on April 25th, 2023
  • August, 2024

  • Aug 2, 2024

    Date

    Canceled

    CRMLS: SB24103312

    $2,100

    Price

  • May 21, 2024

    Date

    Active

    CRMLS: SB24103312

    $2,400

    Price

  • Listing provided courtesy of CRMLS

    This charming 1 bedroom and 1 bathroom apartment that has been completely remodeled. Modern kitchen that has been recently updated with brand new custom cabinets with handles, quartz countertops, stainless steel drop in sink with faucet pull down sprayer. Kitchen appliances will include brand new stainless steel refrigerator, stove, and microwave. Stylish bathroom has been updated with new tile walls, vanity, and fixtures. All throughout the walls and ceiling is freshly painted, brand new ceiling fans, and laminated flooring. There is only street parking available.

  • April, 2023

  • Apr 25, 2023

    Date

    Sold

    CRMLS: 23243547

    $750,000

    Price

  • Feb 21, 2023

    Date

    Active

    CRMLS: 23243547

    $800,000

    Price

  • June, 2020

  • Jun 30, 2020

    Date

    Sold

    CRMLS: 20561834

    $490,000

    Price

  • Jun 16, 2020

    Date

    Pending

    CRMLS: 20561834

    $469,900

    Price

  • Jun 4, 2020

    Date

    Price Change

    CRMLS: 20561834

    $469,900

    Price

  • Apr 23, 2020

    Date

    Price Change

    CRMLS: 20561834

    $494,500

    Price

  • Mar 6, 2020

    Date

    Active

    CRMLS: 20561834

    $541,500

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to purchase multi-family property with excellent income potential. The property consists of three separate units located on a large lot with a detached three-car garage. two of the units are comprised of 1 bedroom and 1 bathroom and there is a 2 bedroom, 1 bathroom unit. Some repairs have been completed and the property has endless potential for remodeling and updating by the new owner. This property is located close to shops, services, restaurants and all local attractions. Agents; please review private remarks.

  • June, 2020

  • Jun 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

  • September, 2018

  • Sep 18, 2018

    Date

    Sold (Public Records)

    Public Records

    $416,500

    Price

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Tax History for 10405 S Hoover St

Assessed Value (2020): $588,540
Year Land Value Improved Value Assessed Value
2020 $496,740 $91,800 $588,540

Home Value Compared to the Market

This property vs the competition

10405 S Hoover St sold on April 25, 2023 for 33.04% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $415.74 per/sqft which puts the price per square foot 42.58% lower than the current median sale per square foot for the city of Los Angeles.

About 10405 S Hoover St

Detailed summary of property

10405 S Hoover St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,804 living square feet, and sits on an approximately 6,511 square foot lot. 10405 S Hoover St was first listed on ArdentRealEstateGroup.com on February 21, 2023. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.04% lower than the current median priced home. Local homes that are currently for sale include 114 W 110th St, 8870 S Figueroa St and 150 W 112th St. While the average home in Los Angeles, CA is selling in 106 days, 10405 S Hoover St has a days on market of 32 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 10405 S Hoover St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10405 S Hoover St

Public county record property details
Beds
4
Baths
3
Year built
1942
Sq. Ft.
1,804
Lot Size
6,510
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
6061-013-028

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.