8639 South Hoover Street

Los Angeles, CA 90044

$560,000
Last Sold Price
4
Beds
4
Baths
2,116 Sq. Ft.
$265 / Sq. Ft.
2,116
Sq. Ft.
$265
per Sq. Ft.

Description

This multifamily property has great potential, near downtown, minutes away from usc campus. Freshly painted exterior including garage area and front iron fence. Each unit has 1 bedroom and 1 bathroom and also one car garage included with the rent. One unit is owner occupied and can be delivered vacant at close of escrow or rented to the seller at today's market rent. Plenty of parking spaces which is a plus in the area. Do not miss out on owner occupied or investment propertyThis multifamily property has great potential, near downtown, minutes away from usc campus. Freshly painted exterior including garage area and front iron fence. Each unit has 1 bedroom and 1 bathroom and also one car garage included with the rent. One unit is owner occupied and can be delivered vacant at close of escrow or rented to the seller at today's market rent. Plenty of parking spaces which is a plus in the area. Do not miss out on owner occupied or investment property
  1. Listed by Eduardo Morales • DRE #01110708 • Brokerage DRE #00338699 • Berkshire Hathaway H.S.C.P.

Property Details for 8639 South Hoover Street

Architectural Style
Spanish
View
None
Parking Spaces Total
8
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor

Location

Listing Courtesy of Berkshire Hathaway H.S.C.P., Eduardo Morales, DRE #01110708

Sold By Berkshire Hathaway H.S.C.P., Eduardo Morales, DRE #01110708

Add your commute
LISTING UPDATED: 03/05/2021 05:13 AM

Property Details for 8639 South Hoover Street

StatusClosed
MLS #PW20224753
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.14 AC / 6,046 SF
CountyLos Angeles County

Location

Listing Courtesy of Berkshire Hathaway H.S.C.P., Eduardo Morales, DRE #01110708

Sold By Berkshire Hathaway H.S.C.P., Eduardo Morales, DRE #01110708

Add your commute

Building Information for 8639 South Hoover Street

Stories1Residences-Year Built1928Building Size-Lot Size0.14 AC / 6,046 SF

Payment Calculator

$3,896 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,056

Property Taxes

$840

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8639 South Hoover Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, Trash Collection
Income / Expense / Tax Details
Income Details
  • Gross Income: $35,688
  • Gross Scheduled Income: $35,688
  • Gross Operating Income: $35,688
  • Net Operating Income: $33,315
  • Current Financing: Conventional
  • Financing: Cash
Expense Details
  • Operating Expense: $2,373
  • New Taxes Expense: $0
  • Gardener Expense: $0
  • Cable TV Expense: $0
  • Fuel Expense: $0
  • Licenses Expense: $245
  • Pest Control Expense: $0
  • Pool Expense: $0
  • Security Expense: $0
  • Furniture Replacement Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $568
  • Maintenance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $1,560
  • Supplies Expense: $0
  • Total Expenses: $2,373
Tax / Assessment Info
  • Tax Tract Number: 3354
  • Tax Census Tract: 2403.00
  • Tax Lot: 256
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: None
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating: Wall Furnace
  • Flooring: Tile, Vinyl
Exterior Features
  • Construction Materials: Frame
  • Exterior Construction: Frame
  • Roof: Asphalt
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Foundation Details: Raised
  • Property Condition: Repairs Cosmetic
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Uncovered Spaces: 4
  • Open Other Spaces Total: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $879
  • Unit Type Total Rent: $879
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $936
  • Unit Type Total Rent: $936
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $979
  • Unit Type Total Rent: $979
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1300
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Wall AC: 0

Property History for 8639 South Hoover Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8639 South Hoover Street

Taxable ValueLand$345,780Additions$510,000Total$855,780
Tax Record2023$10,079 ($840 / month)
Home Facts
Total Finished SqFt2,116 SqFtAbove Grade Finished SqFt2,116 SqFtLot Size6,046 SqFtStyleQuadraplexYear Built1928ZoningLARD2CountyLOS ANGELESAPN6038-016-030

Schools near 8639 South Hoover Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - 1 to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Manchester Avenue Elementary School
Public1 to 6

Bret Harte Preparatory Middle School
Public6 to 8

Youth Opportunities Unlimited School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway H.S.C.P., Eduardo Morales, DRE #01110708

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.