6533 S Hoover Street
Los Angeles, CA, 90044
$760,000
MLS: 26858573
Beds
6
Baths
6
Sq Ft
3,564
Lot
0.15 ac
Year Built
1927
MLS #
26858573
Days on Market
99
Listed
Jul 10, 2026
Description
Check out this new six-unit listing in South Los Angeles. The complex is located west of the Harbor (110) freeway between Florence and Gage Avenues. The property consists of all 1-bedroom apartments, contained in three duplexes, that rent for between $859 and $1,200 per month. The total monthly income is $6,107 and the annual gross is $73,284. The rents are well below market for the area, so that presents plenty of upside potential for a new, aggressive operator. Listed at only $126,666 per unit, this is a great value play for a long-term or beginner investor. Rents should nearly double upon turnover because tenants seek and appreciate this style of apartment living. The structures were built in 1927 and contain a total of 3,564 square feet; that's almost 600 square feet per unit! They are situated on a 6,535 square foot lot which is zoned LAR1.5. This is another great deal that will not last. Call or email for more details. Please do not walk onto property or disturb tenants. Showings with accepted offers only.
Location
Los Angeles, Los Angeles County, CA 90044
Open on Google Maps ↗Listed by: Jerome McAlpin · McAlpin & Company
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$6,113
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $76,000 · Loan: $684,000
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,736
- Property tax (1.25%)
- $792
- Homeowners insurance
- $300
- Mortgage insurance
- $285
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $26,600 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90044 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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