5324 S Hoover, Los Angeles, CA 90037
Property
Sold October 2026
Listing Agent: Christopher Martinez Diaz (DRE #01917060) · Listing Office: Vinco Vinco Realty & Investments Inc · Contact: 323-481-8517 · Bought with: Christopher Martinez Diaz · Vinco Vinco Realty & Investments Inc · MLS #SR26186494 · Source: CRMLS
How this sale compares
5324 S Hoover sold for $535,000 in October 2026, 18% under its $650,000 list price, after 26 days on the market. Across 83 closed sales in 90037 over the last 12 months, the median sold price is $705,000 and the median is $440 per square foot.
| Quarter | Closed sales in 90037 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $645,000 |
| Q2 2026 | 43 | $720,000 |
| Q3 2026 | 29 | $720,000 |
| Q4 2026 | 4 | $500,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90037
Description
Mixed-use value-add opportunity in South Los Angeles consisting of six units, including five residential units and one commercial space. The property contains approximately 4,268 SF of net rentable building area on a 5,227 SF lot and offers a combination of existing income and significant potential for future rent growth. The current unit mix includes two studios, two 1-bedroom/1-bath units, one 2-bedroom/1-bath unit, and one commercial space. The property also includes four garage/parking spaces, creating additional potential for income or possible ADU conversion, subject to applicable zoning, permitting, code requirements, and feasibility. The commercial component may also present an opportunity for conversion to residential use, subject to applicable approvals. Located in a central South Los Angeles location with convenient access to Downtown Los Angeles, USC, Inglewood, major freeways, and public transportation. The property's mixed-use configuration, existing residential units, garage area, and potential for increased rental income provide multiple avenues for long-term value creation.
Listing description from the October 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 5324 S Hoover
609 W 52nd: Sold $450,000 · 2 bd · 1 ba · 1,023 sqft · Oct 2026 · 0.2 mi
J A T S Enterprises, Inc. | DRE #02113789
Buyer's agent: Julio Martinez, J A T S Enterprises, Inc. | DRE #02113789844 56th Street W: Sold $885,000 · Sep 2026 · 0.2 mi
ROA California Inc. | DRE #01773121
Buyer's agent: Laura Meza, Excellence Real Estate | DRE #02221659945 W 54th Street: Sold $620,000 · 2 bd · 1 ba · 1,219 sqft · Jun 2026 · 0.2 mi
Coldwell Banker Hallmark Realty | DRE #02034671
Buyer's agent: Marvin Garcia, ROA California Inc. | DRE #01968704723 W 58th: Sold $850,000 · 3 bd · 2 ba · 1,132 sqft · Aug 2026 · 0.2 mi
Keller Williams Realty | DRE #02000236
Buyer's agent: Erick Claudio, Keller Williams Realty | DRE #02000236723 58th: Sold $850,000 · Aug 2026 · 0.3 mi
Keller Williams Realty | DRE #02000236
Buyer's agent: Erick Claudio, Keller Williams Realty | DRE #02000236721 W 50th: Sold $445,000 · 2 bd · 1 ba · 1,385 sqft · Jun 2026 · 0.3 mi
Won Suk Kim Real Estate, Inc. | DRE #02035537
Buyer's agent: Justin Jackson, Real Broker | DRE #01987091420 W 53rd: Sold $940,000 · Aug 2026 · 0.3 mi
Century 21 Allstars | DRE #01234365
Buyer's agent: Elvis Navarro, DLP Realty Sales & Loans | DRE #020258071043 W 52nd: Sold $1,300,000 · Jun 2026 · 0.4 mi
Engel & Volkers Beverly Hills | DRE #01931731
Buyer's agent: Mayra Berumen, Engel & Volkers Beverly Hills | DRE #01931731
Closed sales reported in 90037, nearest first, last 12 months. All recent sales in Los Angeles →