6812 S Hoover, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This triplex presents a High-Potential Investment Opportunity with a List Price of $799,000—positioned well below the $762,941 Fair Market Value by -4%. While the property requires modernization due to its Condition Rating of 4, it offers immediate cash flow from long-term tenants and a vacant unit ready for renovation. The 5,254 sqft lot provides significant development potential in a high-demand rental market. This asset is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to maximize rental yields through strategic capital improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6812 S Hoover Subject | $700,000* List Price | 0 | 0 | 2,093 | $329 | - |
A 906 W 59th Sold | $725,000 | 0 | 0 | 1,916 | $378 | 0.6 mi |
B 1259 W 59th Sold | $690,000 | 0 | 0 | 2,143 | $322 | 0.9 mi |
C 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.3 mi |
D 6414 S Hoover Street Active | $749,999 List Price | 0 | 0 | 2,332 | $322 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, the property is significantly dated with finishes and bathroom fixtures appearing over 20 years old. While one unit is being refreshed with paint and tile, the overall condition shows deferred maintenance, such as cracked exterior concrete and aged systems, requiring minor repairs and modernization.
High School: Middle College High School (9/10).
This triplex provides a blend of stability and upside, featuring two units with long-term tenants for immediate cash flow and one vacant unit currently being remodeled to command market-rate rent.
The 5,254 sqft lot and the presence of higher-density buildings nearby suggest significant potential for expansion or the addition of units to maximize the property's value.
Built in 1929, the property may require significant capital investment for updates to aging mechanical, electrical, and plumbing systems common in century-old structures.
The majority of the immediate neighborhood schools are low-rated (2-4 range), which may limit the pool of prospective family tenants and impact long-term appreciation.
Huge price reduction. Due to health reasons, owner has to sell. Stable long time tenants in two of the units, and one is vacant and being painted and remodeled. Private parking off the street. Gated private entrance. Drive by and imagine the possibilities. The building next door is on a similar space of land and has multiple units.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,093 | 2,250 |
| Lot Size | 5,254 | 5,864 |
| Price | $700.0K | $826.7K |
| Price per sq ft | $334 | $395 |
| Built year | 1929 | 1925 |
| HOA | $0 | $0 |
| Days on market | 96 | 83 |
Jun 18, 2026
$700,000
$799,000
-12% Price Drop
Initial Listing
Apr 20, 2026
$799,000
Initial Listing
Mar 6, 2017
$380,000
Public Record
May 1, 2014
$250,000
Public Record
Dec 16, 2002
$140,500
Public Record
Mar 5, 2002
$249,926
Public Record
Dec 3, 1999
$230,000
Public Record
Jul 9, 1999
$95,500
Public Record