9814 S Hoover Street, Los Angeles, CA 90044

About this property

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!

Listing description from the September 2024 sale, as reported to CRMLS.

Sale history

$750,000

Sold September 2024 · orig. $799,999, on market May 2024 · MLS #24395405 · Source: CRMLS

Listing Agent: Mark King · Listing Office: KW Advisors · Contact: 310-482-2200 · Bought with: Maria Cahuenas · Excellence RE Real Estate

$600,000

Sold May 2020 · listed $675,000, on market November 2019 · MLS #DW19259744 · Source: CRMLS

Listing Agent: Wonnie Kim · Listing Office: Kim Real Estate, Inc. · Contact: 562-474-1722 · Bought with: FRANK RIOS · NACA - UPLAND

$400,000

Sold April 2019 · listed $399,950, on market December 2018 · MLS #DW18290525 · Source: CRMLS

Listing Agent: Elvis Huerta · Listing Office: Century 21 A Better Service · Contact: 562-806-1000 · Bought with: Elvis Huerta · Century 21 A Better Service

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