$899,000

9206 Hoover Street, Los Angeles, CA 90044

  • 6 beds |
  • 4 baths |
  • 2,265 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon6,312sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $397/sqft
  • Property List Date Icon Listed 16 hours ago

Property Description

A well-maintained, pride-of-ownership quadruplex nestled in the heart of Los Angeles -- just three miles from SoFi Stadium and centrally positioned between Downtown LA and the beaches. This is a rare opportunity to acquire a fully-occupied, income-producing 4-unit property with a proven rent roll and immediate cash flow from day one.The property features a diversified unit mix of one studio, two one-bedroom/one-bathroom units, and one two-bedroom/one-bathroom unit -- generating $6,595 per month ($79,140 annually) in gross rental income. Each unit is separately metered, keeping utility costs with the tenants and maximizing net operating income for the owner. The building also features three one-car garages and one carport, with tandem parking available in front of each space -- a premium amenity in the South LA rental market that commands tenant loyalty and reduces vacancy.The property has been remodeled and well-maintained, offering investors a true pride-of-ownership asset without deferred maintenance. Units feature open floor plans, washer/dryer hookups, and a welcoming aesthetic that keeps quality tenants in place. The 2-bedroom unit is a standout -- spacious, functional, and among the most in-demand floor plans in this submarket.Strategically located in Vermont Vista, this address sits within reach of major transit corridors, including Harbor Freeway Station (1.9 miles away), and is minutes from Los Angeles International Airport (7.6 miles), local shopping, restaurants, and top-rated schools in the Inglewood Unified School District. Whether your tenants commute to Downtown, the Westside, or the South Bay, this location delivers.For the investor, this property checks every box: stable tenancy, diversified unit mix to spread vacancy risk, no shared utilities, off-street parking, and market rents that present immediate value-add upside -- current rents sit approximately $790/month below the 90044 market ceiling, providing a clear path to increased income through natural turnover and RSO-compliant annual adjustments. This building is priced to move -- comparable 4-unit properties on this very street and throughout 90044 have sold in the $840,000-$965,000 range in 2025 alone.

Listing Status:
Active
Date Added:
April 15, 2026
Data Last Updated:
April 15, 2026 at 8:20PM
Listing Office:
Real Brokerage Technologies : (855) 450-0442
Listing Agent:
Daniel Cuevas : (661) 878-6782
MLS ID:
226001721
  • Appliances: Gas CookingWater Heater
  • Flooring: Laminate
  • A/C:
  • Heating: Central
  • Parking: GatedParking spaces: 3
  • Roofing: Flat
  • General: Stucco1Raised
  • Originating MLS: CRMLS_VCR
  • County: Los Angeles
  • Zoning: LARD1.56039014026
  • Sewer: Public Sewer
  • Source: CRMLS_VCR

This listing courtesy of Daniel Cuevas , Real Brokerage Technologies

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Manchester Elementary School

661 W 87th St, Los Angeles, CA, 90044

Grades 1-6

0.44 miles away

B

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

0.06 miles away

Y

Youth Opportunities Unlimited

915 W Manchester Ave, Los Angeles, CA, 90044

Grades 9-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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