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7612 S Hoover St, Los Angeles, CA 90044
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7612 S Hoover St Los Angeles, CA 90044

$999,000
  • 8 Beds
  • 4 Baths
  • 2,680 Sq.Ft.
For Sale
$999,000 Get Pre-Qualified
Map preview of 7612 S Hoover St, Los Angeles, CA 90044

Property Overview: 7612 S Hoover St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,680 living square feet and 6,664 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Exceptional Triplex on Spacious Corner Lot – Prime Investment Opportunity!!! Welcome to this exceptional triplex, situated on a generous 6,664 sq. ft. corner lot. This unique property features three distinct residences, each offering its own charm and privacy. 7612 Unit: A cozy 4-bedroom, 2-bathroom home, ideal for families or high-demand rental. 7602 Unit: Built in 1983, this well-maintained 2-bedroom, 1-bathroom unit offers comfortable living in a prime location. 7606 Unit: Also built in 1983, this unit features 2 bedrooms and 1 bathroom, providing additional rental potential. Each unit is individually metered for gas and electricity, ensuring ease of management and clear billing. Conveniently located with easy access to the 105, 110, and 10 freeways, this property offers excellent connectivity. It’s also close to various transit stations on S Broadway and W Florence Ave, making commuting straightforward and convenient. Fantastic Opportunity: This triplex presents a strong investment potential with its prime location, diverse unit configuration, and robust rental demand. Drive-By Only: Please DO NOT DISTURB TENANTS. Buyer and buyer’s agents are advised to verify the accuracy of all information. Don’t miss this chance to add a valuable asset to your portfolio!

Listed by Martha Segovia | BRE #02015665 | West Shores Realty, Inc.
Last checked: 3 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft
6,664
HOA Dues
$0/mo
Year built
1920
Garage
10 Car
Property Type:
Triplex
Status
Active
MLS#
SB24164214
City
Los Angeles
County
Los Angeles
Time on Site
41 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $9,000
  • Net Operating Income: $9,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 7612 S Hoover St

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Property Details for 7612 S Hoover St

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6020019025
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between 76th and 77th St
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 7612 S Hoover St

Last sold for $235,000 on August 1st, 2002

  • August, 2024

  • Aug 9, 2024

    Date

    Active

    CRMLS: SB24164214

    $999,000

    Price

  • August, 2002

  • Aug 1, 2002

    Date

    Sold (Public Records)

    Public Records

    $235,000

    Price

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Tax History for 7612 S Hoover St

Assessed Value (2020): $311,197
Year Land Value Improved Value Assessed Value
2020 $112,557 $198,640 $311,197

Home Value Compared to the Market

This property vs the competition

7612 S Hoover St is listed 16.75% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $372.76 per/sqft which puts the price per square foot 51.46% lower than the median price per square foot for the city of Los Angeles.

About 7612 S Hoover St

Detailed summary of property

7612 S Hoover St is a triplex located in Los Angeles, CA 90044 and is currently for sale. This triplex offers 8 bedrooms, 4 bathrooms, roughly 2,680 living square feet, and sits on an approximately 6,664 square foot lot. 7612 S Hoover St was first listed on ArdentRealEstateGroup.com on August 9, 2024. The homeowner is currently asking $999,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.75% lower than the median priced home. Local competing homes currently for sale include 319 W 81st St, 526 W 84th St and 857 W 85th St. While the average home in Los Angeles, CA is selling in 106 days, 7612 S Hoover St has a days on market of 41 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 7612 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 7612 S Hoover St

Public county record property details
Beds
5
Baths
3
Year built
1920
Sq. Ft.
2,680
Lot Size
6,661
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
201
APN
6020-019-025

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.

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