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5914 S Hoover St, Los Angeles, CA 90044
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5914 S Hoover St Los Angeles, CA 90044

$1,200,000 Sold Price as of 03/31/2022
  • 12 Beds
  • 6 Baths
  • 3,520 Sq.Ft.
Sold
$1,200,000 Sold Price as of 03/31/2022 Refinance Your Mortgage
Map preview of 5914 S Hoover St, Los Angeles, CA 90044

Property Overview: 5914 S Hoover St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 3,520 living square feet and 4,765 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present our latest investment opportunity located at 5914 S. Hoover Street. This 6 unit property features compelling rental upside of 60%, making this an excellent property for a short or long-term investor! The building is individually metered for gas and electricity, and features ample parking for tenants. The great unit mix is comprised of all 2 Bedroom units, and is located in an incredibly strong LA rental sub-market. The neighborhood is very walkable with a walk score of 82 and is close to plenty of transit options, schools, stores, etc.

Listed by Josh Cohen | BRE #01346713 | Keller Williams Beach Cities
Last checked: 12 minutes ago | Last updated: April 4th, 2022 | Source CRMLS | DOM: 120

Home details

Lot Sq. Ft
4,765
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB21239666
City
Los Angeles
County
Los Angeles
Time on Site
967 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,268
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $985
  • Total Rent: $985
  • Pro Forma/Market Rent: $2,268
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,046
  • Total Rent: $1,046
  • Pro Forma/Market Rent: $2,268
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $867
  • Total Rent: $867
  • Pro Forma/Market Rent: $2,268
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,162
  • Total Rent: $1,162
  • Pro Forma/Market Rent: $2,268
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,268
  • Total Rent: $911
  • Pro Forma/Market Rent: $2,268
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 12.48
  • Gross Scheduled Income: $101,729
  • Net Operating Income: $63,517
  • Gross Operating Income: --
  • Other Income Description: Contact for more inc/exp info
Annual Expense Breakdown
  • Total Operating Expense: $36,686
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $36,686
  • Other Expense Description: contact

Property Details for 5914 S Hoover St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 6004031038
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Near Hoover and Slauson
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 5914 S Hoover St

Last sold for $1,200,000 on March 31st, 2022

  • March, 2022

  • Mar 31, 2022

    Date

    Sold

    CRMLS: SB21239666

    $1,200,000

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: SB21239666

    $1,295,000

    Price

  • November, 2020

  • Nov 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,055,000

    Price

  • June, 2017

  • Jun 27, 2017

    Date

    Sold (Public Records)

    Public Records

    $805,000

    Price

Show More

Tax History for 5914 S Hoover St

Assessed Value (2020): $854,271
Year Land Value Improved Value Assessed Value
2020 $636,724 $217,547 $854,271

Home Value Compared to the Market

This property vs the competition

5914 S Hoover St sold on March 31, 2022 for 12.39% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $360.8 per/sqft which puts the price per square foot 52.15% lower than the current median sale per square foot for the city of Los Angeles.

About 5914 S Hoover St

Detailed summary of property

5914 S Hoover St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 3,520 living square feet, and sits on an approximately 4,765 square foot lot. 5914 S Hoover St was first listed on ArdentRealEstateGroup.com on November 1, 2021. The homeowner sold the property for $1,200,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 12.39% higher than the current median priced home. Local homes that are currently for sale include 441 W 79th St, 5017 S San Pedro St and 210 W 77th St. While the average home in Los Angeles, CA is selling in 98 days, 5914 S Hoover St has a days on market of 120 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 5914 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 5914 S Hoover St

Public county record property details
Beds
12
Baths
6
Year built
1957
Sq. Ft.
3,520
Lot Size
4,765
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
6004-031-038

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
$670,000
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
85
Median Sale to List Price %
104.62%
Avg Days on Market
30
Loan Type
Conventional (12.5%), FHA (41.67%), VA (0%), Cash (16.67%), Other (4.17%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 5914 S Hoover St

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Recently Sold Homes Near 5914 S Hoover St

5903 Bonsallo Ave, Los Angeles, CA 90044
$605,000 Last Sold Price
4 Beds
2 Baths
1408 Sq.Ft.
5903 Bonsallo Ave
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5871 Bonsallo Avenue, Los Angeles, CA 90044
$699,999 Last Sold Price
5 Beds
3 Baths
2275 Sq.Ft.
5871 Bonsallo Avenue
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5960 S Hoover St, Los Angeles, CA 90044
$1,114,000 Last Sold Price
15 Beds
7 Baths
-- Sq.Ft.
5960 S Hoover St
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5859 Bonsallo Ave, Los Angeles, CA 90044
$800,000 Last Sold Price
6 Beds
4 Baths
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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.

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