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Multifamily

7601 S HOOVER ST

7601 S Hoover St, Los Angeles, CA 90044

Listing Price: $625,000

Cap Rate
6.52%
Number of Units
4
GRM
7.44
Occupancy
95.0%
Price/Unit
$156,250
Price/Gross SF
$337.11
Gross SF
1,854

Investment Overview

Marcus & Millichap is pleased to present 7601 Hoover Street, a well-located four-unit multifamily property on the corner of 76th Street and Hoover in South Los Angeles. Each unit is a 1-bedroom / 1-bathroom, approximately 463 square feet, with two units recently renovated. This asset offers a strong value-add opportunity with over 30% upside in rents and potential to add ADUs for additional income (buyer to verify). Located near USC, Exposition Park, and major transit routes, the property is ideally positioned in a high-demand rental market with long-term growth potential.

Investment Highlights

  • Value Add
  • Low Price Per unit
  • ADU Potential

Exclusively Listed By

Multifamily

7601 S HOOVER ST

Listing Price: $625,000

Cap Rate
6.52%
Number of Units
4
GRM
7.44
Occupancy
95.0%
Price/Unit
$156,250
Price/Gross SF
$337.11
Gross SF
1,854

Investment Highlights

  • Value Add
  • Low Price Per unit
  • ADU Potential

Investment Overview

Marcus & Millichap is pleased to present 7601 Hoover Street, a well-located four-unit multifamily property on the corner of 76th Street and Hoover in South Los Angeles. Each unit is a 1-bedroom / 1-bathroom, approximately 463 square feet, with two units recently renovated. This asset offers a strong value-add opportunity with over 30% upside in rents and potential to add ADUs for additional income (buyer to verify). Located near USC, Exposition Park, and major transit routes, the property is ideally positioned in a high-demand rental market with long-term growth potential.

Exclusively Listed By

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