Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

Quick Search

    5930 Hoover , Los Angeles, CA 90044
    Image Gallery
    Property Photos
    5930 Hoover
    1. Image 0 of 25 For 5930 Hoover
    2. Image 1 of 25 For 5930 Hoover
    3. Image 2 of 25 For 5930 Hoover
    4. Image 3 of 25 For 5930 Hoover
    5. Image 4 of 25 For 5930 Hoover
    6. Image 5 of 25 For 5930 Hoover
    7. Image 6 of 25 For 5930 Hoover
    8. Image 7 of 25 For 5930 Hoover
    9. Image 8 of 25 For 5930 Hoover
    10. Image 9 of 25 For 5930 Hoover
    11. Image 10 of 25 For 5930 Hoover
    12. Image 11 of 25 For 5930 Hoover
    13. Image 12 of 25 For 5930 Hoover
    14. Image 13 of 25 For 5930 Hoover
    15. Image 14 of 25 For 5930 Hoover
    16. Image 15 of 25 For 5930 Hoover
    17. Image 16 of 25 For 5930 Hoover
    18. Image 17 of 25 For 5930 Hoover
    19. Image 18 of 25 For 5930 Hoover
    20. Image 19 of 25 For 5930 Hoover
    21. Image 20 of 25 For 5930 Hoover
    22. Image 21 of 25 For 5930 Hoover
    23. Image 22 of 25 For 5930 Hoover
    24. Image 23 of 25 For 5930 Hoover
    25. Image 24 of 25 For 5930 Hoover
    Contact Silva Babaian
    Contacting Silva Babaian
    • All fields are required.
    Schedule A Showing
    Schedule a Showing.
    • All fields are required.
    Check this box to Register with us:
    Request more information
    • MLS#: DW24198319 ( Commercial/Residential )
    • Street Address: 5930 Hoover
    • Viewed: 4
    • Price: $3,995,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1923
    • Bldg sqft: 0
    • Days On Market: 93
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90044
    • Provided by: Realty One Group United
    • Contact: Jorge Jorge
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Huge 400k Price Reduction! 15 unit building with 12 Gut Renovated & Brand New Units cash flowing at an amazing 6.5% Cap Rate and 11.1 GRM from day 1. The units (3 vacant) have been completely remodeled from the studs with permits and boast a high end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, stainless steel appliances, as well as major exterior capital improvements. On top of that, the major systems have been updated including brand new roofs, electrical, plumbing, HVAC, etc. and even a brand new fire sprinkler system for all the units that will save you tons of money on insurance costs in California! Amazing 39% upside to 9.7% Cap Rate & 8 GRM on the proforma. Excellent up and coming location minutes from Banc of California Stadium, USC, & Inglewood. Each unit is individually metered for gas and electricity, ensuring convenience and efficiency. Large ~10,554 SF TOC Tier 3 lot zoned C2 with future redevelopment potential.
    Request More Information
    • All fields are required.
    Features
    Building Area Total
    1. 6709.00
    Commoninterest
    1. None
    Common Walls
    1. No Common Walls
    Country
    1. US
    Days On Market
    1. 63
    Electric Expense
    1. 7500.00
    Entry Location
    1. Street Front
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Gardner Expense
    1. 1800.00
    Insurance Expense
    1. 8028.00
    Laundry Features
    1. None
    Lockboxtype
    1. None
    Lot Features
    1. Lot 10000-19999 Sqft
    Netoperatingincome
    1. 260539.00
    Number Of Separate Electric Meters
    1. 15
    Number Of Separate Gas Meters
    1. 15
    Otherexpense
    1. 46742.00
    Otherexpensedescription
    1. Taxes
    Parking Features
    1. Street
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 13875.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 423741637:CRM
    Totalexpenses
    1. 86345.00
    Trash Expense
    1. 0.00
    Water Sewer Expense
    1. 0.00
    Water Source
    1. Public
    Year Built
    1. 1923
    Year Built Source
    1. Assessor
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836