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$3,600,000

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • Updated 4 days ago
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Huge 600k Price Reduction! Existing 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 7.5% Cap Rate and 9.8 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 10.7% Cap Rate & 7.2 GRM on the proforma. Additionally, there are preliminary 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.

Full Property Details for 5926 S Hoover St

General

  • Price: $3,600,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25625149
  • Updated: 1/6/2026
  • Added to Site: 46 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 15

Bedrooms

  • Total Bedrooms: 10

Additional Information

  • Other Features: None

Parking

  • Garage Description: None

Location

  • Area: Downtown L.A.
  • County: Los Angeles
  • Driving Directions: From Slausin, Turn South onto Hoover. Pass 59th Street, subject is on the East Side.

Heating & Cooling

  • Cooling Type: Multi/Zone
  • Heating Type: Electric

Structural Information

  • # Buildings: 3
  • Architectural Style: Bungalow
  • Common Walls: Attached
  • Stories/Levels: 1
  • Square Feet: 6,709
  • Sq. Ft. Source: Owner
  • Year Built: 1923
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 15
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 8

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 9

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 10

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 11

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 12

  • Total Bathrooms: 1

Unit 13

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.2424
  • Lot Size: 10557
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAC2

Financial Considerations

  • Price Per Sq. Ft.: $536.59
  • Assessment Year: 1923

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 6004-031-040

Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz

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Listing agents

— 5926 S Hoover St —

  • Armin Soleimani

    Global Platinum Properties, Inc.

  • Julio Ruiz

    Global Platinum Properties, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5926 S Hoover St

School District:Los Angeles Unified School District
NameGradesDistance
Sixty-First Street Elementary School
6020 South Figueroa Street, Los Angeles, CA 90003
K-60.4 mi
John Muir Middle School, Los Angeles, CA
5929 South Vermont Avenue, Los Angeles, CA 90044
6-80.4 mi
Augustus F. Hawkins High A Critical Design And Gaming
825 West 60th Street, Los Angeles, CA 90044
9-120.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5926 S Hoover St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Price Reduced
$3,600,000
-2.7%
MLS
12/03/2025
Listed
$3,700,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Global Platinum Properties, Inc., Armin Soleimani and Global Platinum Properties, Inc., Julio Ruiz

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5926 S Hoover St, Los Angeles, CA 90044 (MLS# 25625149) is a Multi-Family property with units containing 10 bedrooms and 0 full bathrooms. 5926 S Hoover St is currently listed for $3,600,000 and was received on December 03, 2025. Want to learn more about 5926 S Hoover St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.

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