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Six-Unit Mixed-Use Property
New
For Sale
$650,000

5324 S Hoover, Los Angeles, CA 90037

Mixed-use building with residential apartments, commercial space, and dedicated garage parking in South Los Angeles.

Property Size4,268 SF
Lot Size0.12 Acres
Days on Market6

Property Features for 5324 S Hoover

General Information

Standard status Active
Size 4,268 SF
Net Rentable 4,268 SF
Total Parking Spaces 4
Lot size 0.12 Acres
Property subtype Apartment

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x studio, 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 5

Building Details

Building Size 4,268 SF
Year Built 1921
Listing Agency: Vinco Vinco Realty & Investments Inc
Listed By: Christopher Martinez Diaz · License #01917060
Source: Jademillsestates
Added: Aug 25 Changed: Aug 29 Last Checked: Aug 29 at 10:27PM

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 Vinco Vinco Realty & Investments Inc

Investment Insights

Based on property information with market context.

Built in 1921, this mixed-use property at 5324 S Hoover includes six units across approximately 4,268 SF of net rentable building area on a 5,227 SF lot. The configuration comprises two studios, two one-bedroom/one-bath apartments, one two-bedroom/one-bath apartment, and one commercial space. Four garage or parking spaces are also included.

The property is in South Los Angeles with access to Downtown Los Angeles, USC, Inglewood, major freeways, and public transportation. The garage area may be evaluated for additional income use or ADU conversion, while the commercial space may be considered for residential conversion, subject to applicable zoning, permitting, code requirements, feasibility, and approvals.

Key Highlights

  • Six‑unit configuration with five residential units and one commercial space
  • Approximately 4,268 SF of net rentable building area on a 5,227 SF lot
  • Unit mix includes two studios, two 1‑bedroom/1‑bath units, and one 2‑bedroom/1‑bath unit

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,560
Businesses Nearby

Demographics for 90037, CA

63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use building with residential apartments, commercial space, and dedicated garage parking in South Los Angeles.
Where is this mixed-use property located?
The property is located at 5324 S Hoover Los Angeles, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Six‑unit configuration with five residential units and one commercial space; Approximately 4,268 SF of net rentable building area on a 5,227 SF lot; Unit mix includes two studios, two 1‑bedroom/1‑bath units, and one 2‑bedroom/1‑bath unit
More about this property
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