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9814 S Hoover St, Los Angeles, CA 90044
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9814 S Hoover St Los Angeles, CA 90044

$750,000
  • 3 Beds
  • 3 Baths
  • 1,440 Sq.Ft.
For Sale
$750,000 Get Pre-Qualified
Map preview of 9814 S Hoover St, Los Angeles, CA 90044

Property Overview: 9814 S Hoover St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,440 living square feet and 4,020 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: You will be hard pressed to find an income property in Los Angeles with this level cash flow @ a 7.7 cap rate you can't beat this deal. This triplex is fully remodeled boasting recessed lighting, wood floors, stainless steel appliances, gorgeous kitchens, and bathrooms. Although the rents are great they are not at it's full potential, the one bedrooms could easily be rented for 2400 a month. If you're looking for a great cash flowing buy and hold or looking to jumpstart your wealth by living in one of the units and renting out the others then you cannot afford to miss this deal. Gross Rents are 68000 per year!

Listed by Mark King | BRE #02139777 | KW Advisors
Last checked: 8 minutes ago | Last updated: June 11th, 2024 | Source CRMLS | DOM: 27
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Home details

Lot Sq. Ft
4,020
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24395405
City
Los Angeles
County
Los Angeles
Time on Site
26 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,668
  • Total Rent: $20,016
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,070
  • Total Rent: $24,840
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,885
  • Total Rent: $22,620
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.7%
  • Gross Rent Multiplier: 11.8
  • Gross Scheduled Income: --
  • Net Operating Income: $62,147
  • Gross Operating Income: $67,476
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 9814 S Hoover St

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Property Details for 9814 S Hoover St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 6054023030
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Get on I-405 S in Culver City from Charnock Rd and Sawtelle Blvd...Continue on I-405 S. Take I-105 E to S Vermont Ave in West Athens. Take exit 7A from I-105 E...Continue on S Vermont Ave. Drive to S Hoover St in Los Angeles
View more facts & features

Local Los Angeles Agent

Sale History for 9814 S Hoover St

Last sold for $600,000 on May 28th, 2020

  • May, 2024

  • May 22, 2024

    Date

    Active

    CRMLS: 24395405

    $799,999

    Price

  • May, 2020

  • May 28, 2020

    Date

    Sold

    CRMLS: DW19259744

    $600,000

    Price

  • Dec 3, 2019

    Date

    Pending

    CRMLS: DW19259744

    $675,000

    Price

  • Nov 12, 2019

    Date

    Active

    CRMLS: DW19259744

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    CAP 6%. Great Income Opportunity, 3 units , remodeled, each unit has 1 bed and 1 bath, new kitchen cabinets, flooring, painting, windows, appliances, etc.. Share driveway with plenty parking in the back of the units. units 1#9814 1 bed 1 bath, unit #2 9816 1 bed 1 bath & unit #3 9818 1 bath 1 bath. All units are vacant and it will be delivery vacant at COE...

  • May, 2020

  • May 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • October, 2019

  • Oct 7, 2019

    Date

    Canceled

    CRMLS: DW19118059

    $597,000

    Price

  • Sep 25, 2019

    Date

    Active

    CRMLS: DW19118059

    $597,000

    Price

  • Sep 13, 2019

    Date

    Pending

    CRMLS: DW19118059

    $597,000

    Price

  • Sep 13, 2019

    Date

    Price Change

    CRMLS: DW19118059

    $597,000

    Price

  • Aug 9, 2019

    Date

    Price Change

    CRMLS: DW19118059

    $585,000

    Price

  • Aug 8, 2019

    Date

    Active

    CRMLS: DW19118059

    $550,000

    Price

  • Jul 8, 2019

    Date

    Pending

    CRMLS: DW19118059

    $550,000

    Price

  • May 23, 2019

    Date

    Active

    CRMLS: DW19118059

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON MARKET-------Great income opportunity , back unit with 3 bed and 2 baths, front unit with 2 bed 1 bath. Brand new painting, laminated hardwood floors throughout, new kitchen and appliances, please bring your buyer to appreciated. Share driveway....

  • April, 2019

  • Apr 18, 2019

    Date

    Sold

    CRMLS: DW18290525

    $400,000

    Price

  • Jan 8, 2019

    Date

    Pending

    CRMLS: DW18290525

    $399,950

    Price

  • Dec 13, 2018

    Date

    Active

    CRMLS: DW18290525

    $399,950

    Price

  • Listing provided courtesy of CRMLS

    2 UNITS in the city of Los Angeles! Perfect for first time buyer! You can live in one and rent the other! Front unit is 2 Bedrooms 1 Bath and the back Unit is 3 Bedrooms 2 Baths.

  • April, 2019

  • Apr 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $400,000

    Price

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Tax History for 9814 S Hoover St

Assessed Value (2020): $408,240
Year Land Value Improved Value Assessed Value
2020 $306,000 $102,240 $408,240

Home Value Compared to the Market

This property vs the competition

9814 S Hoover St is listed 40% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $520.83 per/sqft which puts the price per square foot 33.23% lower than the median price per square foot for the city of Los Angeles.

About 9814 S Hoover St

Detailed summary of property

9814 S Hoover St is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 1,440 living square feet, and sits on an approximately 4,020 square foot lot. 9814 S Hoover St was first listed on ArdentRealEstateGroup.com on May 23, 2024. The homeowner is currently asking $750,000 and was originally asking $799,999. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 40% lower than the median priced home. Local competing homes currently for sale include 1020 W 89th St, 1035 W 89th St and 1344 W 98th St. While the average home in Los Angeles, CA is selling in 98 days, 9814 S Hoover St has a days on market of 27 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 9814 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 9814 S Hoover St

Public county record property details
Beds
5
Baths
3
Year built
1949
Sq. Ft.
1,440
Lot Size
4,019
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
92
APN
6054-023-030

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
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
81
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%)

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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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