Est. cap rate

3.9%

Assumed rent, all units

$5,490/mo

Units

3

Price per unit

$283,333

Est. annual NOI

$32,940

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Triplex

Bedrooms

3

Building size

2,797 sqft

Lot size

4,809 sqft

Year built

1922

Stories

2

Garage spaces

2

Pool

None

Status

Active

Days on market

4

MLS #

247916438

About this property

Welcome to 6117 S Hoover St, a unique opportunity to own a triplex in Los Angeles. This multifamily property features three separate units, offering versatility for those looking to expand their real estate portfolio or explore multifamily ownership. Two of the units feature two-story layouts, providing spacious and functional living arrangements. With three individual residences on one property, this triplex offers flexibility and long-term potential. Conveniently located near shopping, dining, schools, public transportation, and major thoroughfares, with access to Downtown Los Angeles, USC, and surrounding communities. Whether you're looking to grow your real estate portfolio or explore multifamily investing, 6117 S Hoover St offers a variety of possibilities in the Los Angeles market. Don't miss the opportunity to see all this property has to offer.

Location

6117 S Hoover

Los Angeles, Los Angeles, CA, 90044