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7620 S Hoover, Los Angeles, CA 90044

Local realty services provided by:CENTURY 21 Affiliated
7620 S Hoover,Los Angeles, CA 90044
$950,000
  • 12 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ta mara jones
Office: calvary realty inc
MLS#:CV25281839
Source:San Diego MLS via CRMLS

Price summary

  • Price:$950,000

About this home

Calvary Realty is pleased to present a Section 8backed multifamily investment located at 7620 Hoover Street, Los Angeles, CA, within the Los AngelesLong BeachAnaheim MSA, the second-largest metropolitan area in the nation with a population of 12.9 million. The property is offered at $950,000, representing an existing cap rate of 5.38% and a price per square foot of $256.90, positioning it as an accessible entry point into a highly coveted Los Angeles submarket. Originally built in 1955 with updates in 1965, the asset sits on 0.16 acres and consists of a single two-story concrete building totaling 3,698 rentable square feet across four units. Current physical occupancy is 75%, with stable Section 8 income providing downs ide protection and the opportunity for rental upside through improved operations and lease-up. The property is strategically located near the intersection of S Hoover Street and W 77th Street, offering excellent accessibility just adjacent to Interstate 110, which

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Home facts

  • Listing ID #:CV25281839
  • Added:1 day(s) ago
  • Updated:December 31, 2025 at 02:31 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:4

Finances and disclosures

  • Price:$950,000
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