8905 S Hoover Street, Los Angeles, CA 90044
Offered at
$850,000
We are pleased to offer this three unit investment opportunity, located in the City of Los Angeles. The unit mix consists of one 1+1 unit, one 2+1 SFR, and one 3+2 unit. The investment consists of approximately 3,415 of rentable square feet and is situated on an approximately 9,225 square foot parcel. Recent property upgrades include a full renovation of the 1+1 unit, new roof on both structures (2022), and new individual hot water heaters in all units. The building amenities include a large parking area with six total spaces as well as two garages. The large parcel and garages provide a new investor with an opportunity to increase cash flow by building three additional ADUs (buyer to verify). The 1+1 & 3+2 unit have a shared gas and electric meter with the costs included the shown expenses.