8129 S Hoover, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
8129 S Hoover
Los Angeles, California 90044
Property Price
SUMMARY
Analysis of 8129 S Hoover, Los Angeles, California 90044 is currently available with a list price of $999,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1923, the property appears to have undergone recent and significant updates. The description notes 'all units have been updated with energy-efficient mini-split systems,' which is a major system upgrade. Images show modern grey LVP flooring, fresh dark grey paint, and updated kitchens with contemporary grey cabinetry and countertops. The bathroom also features a modern walk-in shower. These updates make the units move-in ready with no immediate renovation required, aligning with a 'Good' condition score, indicating a property extensively renovated within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Middle College High School (9/10).
- Investment Opportunity
This property is a quadruplex, offering four distinct 1-bedroom, 1-bath units, making it an excellent income-generating investment opportunity.
- Prime Location & Rental Demand
Centrally located near Downtown LA, USC, public transit, dining, and shopping, ensuring strong and consistent rental demand.
CONSRISKS & DEFICIENCIES
- Significant Price Increase
The property was sold for $775,000 in May 2024 and is now listed at $999,999, representing a substantial price increase in a short period that warrants careful market analysis.
- Age of Property & Potential Maintenance
Built in 1923, the property's age suggests potential for older infrastructure and higher ongoing maintenance costs, despite some recent updates.
- Estimated Rents Require Verification
The advertised total monthly market rents of $6,525 are estimates, requiring the buyer to conduct thorough due diligence to confirm actual income potential.
About 8129 S Hoover
Charming quadruplex investment opportunity just minutes from Downtown LA! This unique property offers four 1-bedroom, 1-bath units, each with its own distinct appeal. Lower-level, single-story units feature generously sized kitchens and living spaces that tenants love. All units have been updated with energy-efficient mini-split systems for year-round comfort. A detached rear structure provides valuable additional parking. Centrally located near Downtown LA, USC, public transit, dining, and shopping, this property benefits from strong and consistent rental demand. Estimated total monthly market rents of $6,525 (buyer to verify)
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1923
- Lot Size
- 7,028 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Danny J. Bakewell, Sr., Primary Center
Grades K • 0.4 mi
Manchester Avenue Elementary School
Grades 1-6 • 0.4 mi
Raymond Avenue Elementary School
Grades K-5 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,536 | 2,004 | 24% |
| Lot Size | 7,028 | 6,253 | 71% |
| Price | $1000.0K | $850.0K | 76% |
| Price per sq ft | $651 | $404 | 88% |
| Built year | 1923 | 1924 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 213 | 6% |
Pricing History
Listed for Sale
Jan 29, 2026
$999,999
Initial Listing
Sold
May 7, 2024
$775,000
Public Record
Sold
Oct 28, 2016
$318,000
Public Record