$849,000
6500 S Hoover, Los Angeles CA 90044
Multi-Family (3 Units)
Property type
30 days
On market
$297
Price per sqft
0 cars
Garage
1921
Year built
6,571 sqft
Lot size
Open Houses
Overview
6500 S Hoover Street is a corner mixed-use property consisting of retail, a detached 3-bedroom/2-bath house, and a separate storage component, creating three distinct income streams on one site. The property currently produces approximately $6,300/month in gross income, with the retail tenant operating on a month-to-month basis. This creates a rare combination of existing...
Listing provided by: Alexandro Colombo DRE #01927702 310-978-7950, Keller Williams Coastal Prop.
Listing updated: May 6, 2026 at 07:19pm.
Last checked: Jun 5, 2026 at 03:00pm
Source: CRMLS #PW26098653
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | — | $3,100 | $37,200 | $3,350 | Unfurnished |
| 1 | 0 | 0 | — | $2,600 | $31,200 | $3,450 | Unfurnished |
| 1 | 0 | 0 | — | $600 | $7,200 | $750 | Unfurnished |
# of Buildings: 2
# of Units Total: 3
Separate Electric Meters: 3
Separate Gas Meters: 3
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
11.2x
List Price / Annual Gross Rent
Cap Rate
4.52%
NOI / List Price
Gross Scheduled Income: $75,600
Operating Expense: $34,168
Net Operating Income: $38,408
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $4,995
New Taxes: $10,750
Professional Management: $4,355
Trash: $0
Water / Sewer: $4,500
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Common Walls: One Common Wall, End Unit, No One Above, No One Below
Lot Features: Two To Five Units Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6013015009
Additional Parcels: No
Tax Lot: 242
Community
Senior Community: No
Community Features: Street Lights, Urban
Nearby Schools
Nearby schools around the 6500 S Hoover, Los Angeles, CA 90044. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$679,200
Total Interest
$866,282
Total Payment
$1,545,482
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,327
per month
Property History for 6500 S Hoover
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90044.
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