Trimark Realty
6500 S Hoover primary photo
Active·Multi-Family (3 Units)

$849,000

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6500 S Hoover, Los Angeles CA 90044

3 beds1 bath2,854 sqft

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

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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

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
131$3,100$37,200$3,350Unfurnished
100$2,600$31,200$3,450Unfurnished
100$600$7,200$750Unfurnished
  • # 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

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $5,327

    per month

    Principal
    $614
    Interest
    $3,679
    Property Tax
    $884
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 6500 S Hoover

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    Los Angeles Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 90044.

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