5914 S Hoover, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This 6-Unit Multifamily Asset offers a stable entry into the South Los Angeles market with a List Price of $1,250,000, matching its $1,250,000 Fair Market Value. The property features six consistent 2-bedroom units with Assigned Parking and a Condition Rating of 4, providing a clear path for forced appreciation through cosmetic updates. Located minutes from SoFi Stadium, the Intuit Dome, and the 9/10 rated Middle College High School, the asset benefits from high rental density and long-term demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic value-add opportunity.
Property is moderate renovation needed.
Built in 1957, this property shows its age through outdated features. The kitchens are very basic with older cabinets and no visible modern appliances, while the bathrooms feature dated tile, basic vanities, and older fixtures like jalousie windows. Flooring throughout appears to be older vinyl and ceramic tile. Heating is provided by wall-mounted units, indicating older systems. While the units appear functional and have been maintained with fresh paint, they require significant cosmetic and system updates to meet current quality standards and maximize rental potential. It's aged but maintained, with major components functional but showing signs of being outdated.
High School: Middle College High School (9/10).
This 6-unit property is explicitly presented as an 'excellent investment opportunity' and a 'stable income property with upside potential' in a prime Los Angeles location, indicating strong market interest for investors.
Centrally located with close proximity to major freeways, Downtown Los Angeles, SoFi Stadium, and the Intuit Dome, ensuring high rental demand and tenant appeal due to convenient access to employment and entertainment hubs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3444, other record living area = 3520.
Built in 1957, the property is over 65 years old, which may imply aging infrastructure, systems (plumbing, electrical), and the potential need for significant capital expenditures for updates or repairs to maintain competitiveness.
With an average of approximately 574 sqft per 2-bedroom unit, the living spaces are relatively small, which could limit the target tenant demographic or the achievable rental rates compared to properties with larger units.
Excellent investment opportunity with this 6-unit multifamily property located at 5914 S Hoover Ave. The property features six well-designed units, each offering 2 bedrooms and 1 bathroom, along with one assigned parking space per unit — a major value add in the area. 1 unit potential for owner-occupants or investors looking to set market rent. The remaining units offer a solid layout ideal for long-term tenancy. Centrally located with close proximity to major freeways, Downtown Los Angeles, SoFi Stadium, and the Intuit Dome, making this a highly desirable rental location with strong demand. A great opportunity to acquire a stable income property in a prime Los Angeles location with upside potential.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.5 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1957 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Jan 29, 2026
$1,250,000
Initial Listing
Mar 31, 2022
$1,200,000
Public Record
Nov 25, 2020
$1,055,000
Public Record
Jun 27, 2017
$805,000
Public Record