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Image 1 - 6209 S Hoover St, Los Angeles, California, 90044 - House for sale

Image 2 - 6209 S Hoover St, Los Angeles, California, 90044 - House for sale

Image 3 - 6209 S Hoover St, Los Angeles, California, 90044 - House for sale

Image 4 - 6209 S Hoover St, Los Angeles, California, 90044 - House for sale

Image 5 - 6209 S Hoover St, Los Angeles, California, 90044 - House for sale

S Hoover St, Los Angeles, Home For Sale

6209 S Hoover St, Los Angeles, California, 90044

S Hoover St, Los Angeles, Home For Sale

house for sale

3 views

Listed: 07/17/24

6209 S Hoover St, Los Angeles, California, 90044

13 Bed:

7 Bath:

3,736 Sq Ft Living Area:

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Price

$ 1,4M

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About This House

We are pleased to present6209 SHoover St, a 7-unit apartment community located in South Los Angeles, CA. The property is comprised of a 6-unit apartment building and a fully permitted detached ADU built in 2022. The building has an excellent unit mix of (6) 2 Bed, 1 Bath units and (1) 1 Bed, 1 Bath unit. This rare investment opportunity offers very strong cash flow with 5 Section 8 tenants in-place and a monthly income of$13, 270.Section 8 Voucher Payment Standards (per HACLA) are currently up to$3, 052for 2-bedroom units as of2/2024.The property also sits on a6, 600square feet lot zonedC2-1VL-CPIOwith ED1 eligibility. The gated apartment community offers ample parking for up to 10 vehicles.6209 SHoover St is centrally located … Full description

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Vermont-Slauson Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.