12621 S Hoover, Los Angeles, California 90044, Los Angeles, 90044 - 4 bed, 3 bath
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Los Angeles, California 90044
This Value-Add Residential Asset is listed at $999,990, representing a stable entry point at its $999,990 Fair Market Value. Boasting a Condition Rating of 4, the home requires modernization but offers immense upside via seller-approved ADU plans and a permitted addition not yet reflected in public records. The 2,371-square-foot layout includes a dry sauna, indoor jacuzzi, and an unfinished basement for expanded storage or build-out. Located within the Los Angeles Unified School District, this trust sale is a high-potential acquisition for Buy-and-Hold Investors or Value-Add Buyers seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12621 S Hoover Subject | $999,990* List Price | 4 | 3 | 2,371 | $422 | - |
A 1048 W 125th Street Sold | $750,000 | 4 | 2 | 1,441 | $520 | 0.4 mi |
B 1302 W 127th Street Sold | $745,000 | 4 | 2 | 1,630 | $457 | 0.7 mi |
C 812 W Athens Pending | $900,000 List Price | 4 | 3 | 2,494 | $361 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1965, the property features unique but highly dated 'custom' upgrades likely from the 1970s or 80s, including extensive wood paneling, an indoor jacuzzi, and a dry sauna. While the kitchen includes a newer stainless steel double oven, the cabinetry, pink-tiled bathrooms, and mixed flooring (parquet, tile, carpet) show significant age and wear. The listing explicitly states the home requires 'TLC' and is being sold 'As-Is,' indicating deferred maintenance and the need for modernization.
The property includes seller-approved plans for an Accessory Dwelling Unit (ADU) in the backyard, providing a turnkey opportunity for rental income or multi-generational living.
With a permitted addition not yet reflected on official reports and an unfinished basement, the home offers significantly more square footage and storage capacity than standard area listings.
The residence features high-end custom upgrades rarely found at this price point, including a dry sauna, an indoor jacuzzi, and a large entertainment den with a fireplace.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property is being sold by a trust in its current state with no repairs provided, requiring the buyer to invest in 'TLC' and address deferred maintenance.
The lack of alignment between the physical square footage and the Property Profile report necessitates extra due diligence and may complicate the appraisal or financing process.
This Single-Family Home is located in the desirable Athens Park area. The home is larger than what's indicated on the Property Profile report. There is a permitted addition that is not reflected on the property report, buyers should do their own due diligence about the square footage. There is an unfinished basement, which provides extra storage or room build-out. The Seller's have approved plans for a ADU in the back yard. This single-family home features many custom upgrades that you have to see. There is a combination of laminate, carpet and title flooring. There is plenty of custom wall paneling mirrors throughout. The Kitchen has the open floor concept connecting with the dining room and it steps down into the large den/entertainment area which has a Fireplace and jacuzzi and dry sauna. There are custom built-in cabinets that are located in the Kitchen and bathrooms. The bathrooms have title flooring and stone countertops. The home will require some TLC; the trust will not make any repairs it is being sold As Is.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 81% |
| Baths | 3.0 | 2.0 | 86% |
| Square foot | 2,371 | 1,340.5 | 99% |
| Lot Size | 7,304 | 5,278.5 | 87% |
| Price | $1000.0K | $662.5K | 99% |
| Price per sq ft | $422 | $511 | 21% |
| Built year | 1965 | 1928 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 122 | 181 | 23% |
Feb 16, 2026
$999,990
$1,100,000
-9% Price Drop
Initial Listing
Feb 3, 2026
$1,100,000
$1,200,000
-8% Price Drop
Initial Listing
Dec 21, 2025
$1,200,000
Initial Listing