6812 S Hoover, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90044
This Southwest Los Angeles Triplex Investment is listed at $799,000, offering market-aligned pricing for high-density rental assets. Currently holding a Condition Rating of 5, the property presents a significant Value-Add Opportunity through the modernization of its century-old infrastructure. With one unit delivered vacant and a 5,254 sqft lot offering ADU potential, buyers can immediately work to increase yield while existing tenants provide cash flow. The asset features a Gated Private Entrance and parking near the 9/10 rated Middle College High School. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists seeking long-term forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6812 S Hoover Subject | $799,000* List Price | 0 | 0 | 2,093 | $272 | - |
A 1259 W 59th Sold | $690,000 | 0 | 0 | 2,143 | $322 | 0.9 mi |
B 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.3 mi |
C 915 W Gage Sold | $717,500 | 4 | 3 | 1,448 | $496 | 0.3 mi |
D 915 W Gage Sold | $717,500 | 0 | 0 | 1,448 | $496 | 0.3 mi |
E 1257 W 60th Place Sold | $835,000 | 4 | 3 | 2,635 | $317 | 0.8 mi |
F 6605 Denver Pending | $740,000 List Price | 0 | 0 | 2,332 | $317 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1929, this 95-year-old triplex shows significant deferred maintenance. While one unit is receiving cosmetic paint and tile, the visible kitchen and bathrooms are severely dated with worn cabinetry and aging fixtures. The exterior features heavily cracked concrete and dated systems, indicating a need for a full interior and exterior rehab to address its nearly century-old condition.
High School: Middle College High School (9/10).
With one unit currently vacant and undergoing remodeling, the property offers an immediate opportunity to capture market-rate rent and increase the overall cap rate upon completion.
The 5,254 sqft lot and neighboring high-density properties suggest significant potential for expansion or the addition of Accessory Dwelling Units (ADUs) to maximize the site's utility.
Built in 1929, the property likely requires substantial ongoing maintenance or capital expenditures to modernize century-old electrical, plumbing, and structural systems.
The presence of long-term tenants in two units likely subjects the property to Los Angeles rent stabilization ordinances, limiting the immediate upside for rental income growth on those units.
Due to health reasons, owner has to sell. Stable long time tenants on 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 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,093 | 2,048.5 | 50% |
| Lot Size | 5,254 | 5,852 | 20% |
| Price | $799.0K | $832.5K | 33% |
| Price per sq ft | $382 | $416 | 37% |
| Built year | 1929 | 1925 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 164 | 3% |
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