$1,699,000
718 N Hoover Street, Los Angeles CA 90029
Multi-Family (4 Units)
Property type
37 days
On market
$434
Price per sqft
4 cars
Garage
1922
Year built
5,745 sqft
Lot size
Open Houses
Overview
Exceptional value awaits! This is an incredible investment opportunity to own four one-bedroom, one-bathroom units in the heart of trendy Virgil Village just moments to the thriving social and creative scenes of iconic Silver Lake. Located just down the street from local fan favorites like Sqirl and Courage Bagels in one of the hottest rental areas in all of Los Angeles, this...
Listing provided by: Sally Forster Jones DRE #00558939 310-579-2200, Compass, Joshua F. Smith DRE #01739044 310-871-5528, Compass
Listing updated: May 7, 2026 at 07:18am.
Last checked: Jun 4, 2026 at 12:00pm
Source: CRMLS #26740961
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 1 | $3,074 | $3,074 | $3,100 | Unfurnished |
| 1 | 1 | 1 | 1 | $3,000 | $3,000 | $3,100 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,941 | $1,941 | $3,100 | Unfurnished |
| 1 | 1 | 1 | 1 | $3,100 | $3,100 | $3,100 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Refrigerator: 4
Financial Snapshot
Gross Rent Multiplier
217.3x
List Price / Annual Gross Rent
Cap Rate
3.18%
NOI / List Price
Net Operating Income: $54,094
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Refrigerator, Dryer, Washer
Laundry: Dryer Included, Washer Included
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Covered, Gated
Garage Spaces: 4
Garage: Detached
Uncovered Spaces: 0
Carport Spaces: 0
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 5427011019
Zoning: LARD2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 718 N Hoover Street, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,359,200
Total Interest
$1,733,585
Total Payment
$3,092,785
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,511
per month
Property History for 718 N Hoover Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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