Properties

Los Angeles, CA 90044 5926 S Hoover Street

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Presented By: Armin Soleimani with Global Platinum Properties, Inc.;
  • MLS# 26651375
  • 02/12/2026
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  • Beds • 10
  • Baths • 1
  • SQFT • 6,709

Home Details

Huge 700k Price Reduction! Existing 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 7.8% Cap Rate and 9.5 GRM from day 1. The units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, as well as major exterior capital improvements. On top of that, the major systems have been updated including brand new roofs, electrical, plumbing, HVAC, etc. and even a brand-new fire sprinkler system for all the units that will save you tons of money on insurance costs in California! Amazing upside to 11.1% Cap Rate & 7 GRM on the proforma. Additionally, there are Fully Approved RTI Plans to convert the 2 existing brand-new detached ADUs into 6 detached ADUs (4 additional) to improve the numbers even further. Excellent up and coming location minutes from Banc of California Stadium, USC, & Inglewood. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Large ~10,554 SF TOC Tier 3 lot zoned C2 with future redevelopment potential.
Presented By: Armin Soleimani with Global Platinum Properties, Inc.;

Interior Features for 5926 S Hoover Street

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths15

Other Interior Features

Common Walls1 Common Wall
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Total Stories1

General for 5926 S Hoover Street

AppliancesMicrowave, Refrigerator
Architectural StyleBungalow
Cap Rate7.8
CityLos Angeles
CountyLos Angeles
DirectionsFrom Slausin, Turn South onto Hoover. Pass 59th Street, subject is on the East Side.
Full Baths
Gross Income366732
HOANo
HeatingElectric
LevelsOne
Living Area6709
Lot Size Square Feet10557
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income272873
New ConstructionNo
Number Of Units Total15
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Year Built1923
ZoningLAC2

Exterior for 5926 S Hoover Street

Building Area Total6709
Lot Size Acres0.2424
Lot Size Area10557
Number of Buildings3
Parking FeaturesNone
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,500,000
MLS#26651375
List Date 02/12/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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