972 S Hoover, Los Angeles, CA 90006

$950,000

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List Price
$950,000
Status
ACTIVE
MLS#
PW26181475
Year Built
1915
Lot Size
3,208
Acres
0.07
Lot Location
2-5 Units/Acre
Days on Market
12
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Welcome to 972 Hoover St, a well-positioned 4-unit apartment property located in the Westlake neighborhood of Los Angeles. Originally built in 1915, this approximately 4,148-square-foot building features a desirable unit mix of two 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. The property offers gated access and tandem parking spaces along the side of the building. With a convenient Los Angeles location and a practical unit configuration, this property presents an excellent opportunity for investors looking to own a multifamily asset in an established neighborhood. This property qualifies for the The Welcome Home Grant for $20,000 with No Income Restrictions and No PMI.

Additional Information

Pool Description
None
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$58,700
Operating Expense
25520

Listing courtesy of Listing Agent: David Son (davidrealtor1117@gmail.com) from Listing Office: Peninsula Realty Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.