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9814 S Hoover St, Los Angeles, CA 90044

Sale Price: $750,000
May 22, 20241,440 sqft3 beds3 baths
Listed by: Mark King
License #: 02139777
Phone #: 646-946-7677
KW Advisors
Source:
CRMLS Logo
MLS #: 24395405

Property Description

You will be hard pressed to find an income property in Los Angeles with this level cash flow @ a 7.7 cap rate you can't beat this deal. This triplex is fully remodeled boasting recessed lighting, wood floors, stainless steel appliances, gorgeous kitchens, and bathrooms. Although the rents are great they are not at it's full potential, the one bedrooms could easily be rented for 2400 a month. If you're looking for a great cash flowing buy and hold or looking to jumpstart your wealth by living in one of the units and renting out the others then you cannot afford to miss this deal. Gross Rents are 68000 per year!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,743

TurboHome Estimated Value

$733,100

$509 sqft

High Valuation
$769,755
$535/sqft
Normal Valuation
$733,100
$509/sqft
Low Valuation
$696,445
$484/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$509/sqft$733,100

Neighborhood: South Los Angeles

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Comparative Value

$660K

$670K

$720K

$750K

$762K

655 W 106th St, Los Angeles, CA 90044

Sale Price: $660,000

Selected Comparable

718 W 97th St, Los Angeles, CA 90044

Sale Price: $670,000

Selected Comparable

740 W 103rd St, Los Angeles, CA 90044

Sale Price: $720,000

Selected Comparable

9814 S Hoover St, Los Angeles, CA 90044

List Price: $750,000

Subject Property

9814 S Hoover St, Los Angeles, CA 90044

Sale Price: $750,000

Selected Comparable

800 W 101st St, Los Angeles, CA 90044

Sale Price: $762,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
9814 S Hoover St, Los Angeles, CA 90044

9814 S Hoover St, Los Angeles, CA 90044

List: $750,000

Listed: 5/22/2024

Area:1,440 sqft
Price/sqft:$521
Beds:3
Baths:3
Year Built:
Lot Size:4,020

Comparable Properties

COMPARABLE
Choose comps
9814 S Hoover St, Los Angeles, CA 90044

9814 S Hoover St, Los Angeles, CA 90044

Sale: $750,000

9/18/20240.00 mi

Area:1,440 sqft
Price/sqft:$521
Beds:3
Baths:3
Year Built:
Weight:24.1%
718 W 97th St, Los Angeles, CA 90044

718 W 97th St, Los Angeles, CA 90044

Sale: $670,000

3/28/20250.08 mi

Area:1,238 sqft
Price/sqft:$541
Beds:3
Baths:2
Year Built:
Weight:20.2%
740 W 103rd St, Los Angeles, CA 90044

740 W 103rd St, Los Angeles, CA 90044

Sale: $720,000

8/30/20240.30 mi

Area:1,291 sqft
Price/sqft:$558
Beds:3
Baths:2
Year Built:
Weight:18.8%
800 W 101st St, Los Angeles, CA 90044

800 W 101st St, Los Angeles, CA 90044

Sale: $762,000

8/14/20240.24 mi

Area:1,490 sqft
Price/sqft:$511
Beds:4
Baths:3
Year Built:
Weight:18.6%
655 W 106th St, Los Angeles, CA 90044

655 W 106th St, Los Angeles, CA 90044

Sale: $660,000

3/14/20250.47 mi

Area:1,172 sqft
Price/sqft:$563
Beds:3
Baths:2
Year Built:
Weight:18.3%

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2

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3

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