15-Unit Apartment
New
For Sale
$2,900,000
1329 S Hoover St, Los Angeles, CA 90006
Six units are currently vacant, representing 40% of the building’s total unit count.
Property Size4,752 SF
Price / SF$610.27
Days on Market7
Property Features for 1329 S Hoover St
General Information
Standard status
Active
Size
4,752 SF
Property subtype
MULTI_FAMILY
Occupancy
60%
Additional Details
Asking Price
$2,900,000
Multifamily Units
15
Building Details
Building Size
4,752 SF
Year Built
1955
Listing Agency:
Coldwell Banker Realty
Listed By:
Dimitri J.S. Scourkes · License #01271646
Source:
Carolinakramer
Added: Oct 7
Changed: Oct 11
Last Checked: Oct 12 at 11:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This Los Angeles apartment property contains 15 units, with six currently vacant. The stated vacancy is 40% of the total unit count. The listing also cites a 6.70% stabilized cap rate based on Year 1 NOI; financial figures are estimates.
The property is located at 1329 S Hoover St in Los Angeles, California 90006.
The property is located at 1329 S Hoover St in Los Angeles, California 90006.
Key Highlights
- 15 apartment units
- Six units vacant, equal to 40% of the total
- 6.70% stabilized cap rate on Year 1 NOI; figures are estimates
Property Analytics
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Current Use
Lease Details
15
Residential units
60%
Occupancy
Location Intelligence
Trade Area within ½ mile
3,951
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six units are currently vacant, representing 40% of the building’s total unit count.
Where is this apartment building located?
The property is located at 1329 S Hoover St Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 15 apartment units; Six units vacant, equal to 40% of the total; 6.70% stabilized cap rate on Year 1 NOI; figures are estimates
