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5926 S Hoover StreetLos Angeles, CA 90044

For Sale

$3,700,000

Smart Buyer Rebate $37,000

Huge 500k Price Reduction! Existing 15-unit building with 12 Gut-Renovated & Brand New Units cash flowing at an amazing 7.25% Cap Rate and 10.1 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 10.4% Cap Rate & 7.4 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.

Listed by Armin Soleimani

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License #01846872

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Global Platinum Properties, Inc.

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310-666-2246

Listed by Julio Ruiz

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License #01911261

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Global Platinum Properties, Inc.

Last updated December 11, 2025

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Source: CRMLS #25625149

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont - Slauson
  • Bedrooms10
  • Days on Prevu8
  • Size6,709 sqft
  • Price per sqft$551

Location

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Listing History

12/03/2025
Listed by Global Platinum Properties, Inc.
$3,700,000

Property Details for 5926 S Hoover Street

Exterior

Construction

  • Number Of Units Total: 15
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1923
  • Architectural Style: Bungalow
  • Common Walls: 1 Common Wall

Measurements

  • Building Area Total: 6,709
  • Lot Size Acres: 0.24
  • Lot Size Area: 10,557
  • Lot Size Square Feet: 10,557
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.25
  • Gross Income: $364,938.00

Taxes

  • Parcel Number: 6004031040

Interior

Features

  • Appliances: Microwave, Refrigerator
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 6,709

Rooms

  • Bathrooms Total Integer: 15
  • Bedrooms Total: 10

Utilities

Equipment

  • Heating: Electric
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 10 bedrooms in this multi-family home at 5926 S Hoover Street.

How does 5926 S Hoover Street compare to other multi-family homes in Vermont - Slauson?

This multi-family home is listed 296% above the average price for multi-family homes in Vermont - Slauson and has been on the market for 70 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,709 sqft.

5926 S Hoover Street is a 10-bedroom multi-family home for sale in Los Angeles CA 90044. On Prevu for 8 days at $3,700,000. This home features 6,709 square feet of living space, located in Vermont - Slauson. The median listing price for multi-family homes in this area is $710,000. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.