Non-LA rent controlled, fully remodeled turnkey property consists of 9 units including one newly constructed ADU.
Will be delivered fully leased at market rents. This gives the property an unbelievable 13.91 GRM and 5.26% cap rate with current income!
Asking Price: $3,375,000
📍5842 Hoover St, Los Angeles, CA 90044
Perfect for the discerning investor in a 1031 exchange, or looking for an easy, turnkey non-LA rent controlled investment.
Please reach out to Will Tiao at (323) 363-1096 or email email@example.com for more information.