Remodeled Quadplex with
9206 S Hoover Street, Los Angeles, CA 90044
For Sale
$874,900
Residential Income, CA
Property Size2,265 SF
Lot Size0.14 Acres
Price / SF$386.27
Days on Market214
Property Features for 9206 S Hoover Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Appliances
Lot features
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Individually Metered Utilities
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Real Brokerage Technologies
(855) 450-0442
Listed By:
Daniel Cuevas · License CA #02004292
(661) 878-6782
Added: Apr 15
Changed: Oct 29
Last Checked: Nov 14 at 4:06AM
MLS# 226001721
Copyright © 2026 Conejo Simi Moorpark Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,265-square-foot quadplex, built in 1948 on 0.1449 acres, contains four residential units: one studio, two one-bedroom/one-bathroom apartments, and one two-bedroom/one-bathroom apartment. The property has been remodeled and maintained, with laminate flooring, central heating, open layouts, and washer/dryer hookups. Public water and sewer serve the building, which has stucco construction and a flat roof.
Parking includes three detached one-car garages and one carport, with tandem parking in front of each space. Units are separately metered, and the property is fully occupied. One apartment is leased through 1/31/2027, while the other three are month-to-month. The property is located at 9206 S Hoover Street in Los Angeles, within 1.9 miles of Harbor Freeway Station, 7.6 miles from Los Angeles International Airport, and three miles from SoFi Stadium. Shopping, restaurants, and major transit corridors are also nearby.
Parking includes three detached one-car garages and one carport, with tandem parking in front of each space. Units are separately metered, and the property is fully occupied. One apartment is leased through 1/31/2027, while the other three are month-to-month. The property is located at 9206 S Hoover Street in Los Angeles, within 1.9 miles of Harbor Freeway Station, 7.6 miles from Los Angeles International Airport, and three miles from SoFi Stadium. Shopping, restaurants, and major transit corridors are also nearby.
Key Highlights
- 2,265‑square‑foot building on a 0.1449‑acre lot
- Four‑unit mix: one studio, two 1‑bedroom/1‑bath units, and one 2‑bedroom/1‑bath unit
- Three detached one‑car garages plus one carport with tandem parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,555
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,100
$791.1K
Cap Rate 7%
$565,071
$565.1K
Cap Rate 9%
$439,500
$439.5K
Market Conditions
NOI Build-Up for 2,265 SF
Gross rent
$61.2K $27.00/SF
− Vacancy
−$4.6K −$2.05/SF
EGI
$56.5K $24.95/SF
− OpEx
−$17.0K −$7.48/SF
NOI
$39.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,100
Cap Rate 7%
$565,071
Cap Rate 9%
$439,500
Alternative Uses
Best Use
Multifamily LT 5
$565.1K
$494.4K – $659.3K
NOI $39,555 @ 7.0% cap · market cap 4.52%
Second Best
Apartment 5plus
$520.7K
$455.6K – $607.4K
NOI $36,446 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$922.8K
$807.5K – $1.08M
NOI $64,599 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,317
Businesses Nearby
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Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Los Angeles, CA
Properties on Market for Quadplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with separate utility meters, off-street parking, and a diversified apartment mix.
Where is this quadplex located?
The property is located at 9206 S Hoover Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $874,900.
What are key features of this property?
This property features: 2,265‑square‑foot building on a 0.1449‑acre lot; Four‑unit mix: one studio, two 1‑bedroom/1‑bath units, and one 2‑bedroom/1‑bath unit; Three detached one‑car garages plus one carport with tandem parking
