$840,000
SOLD JAN 3, 2025
8 Beds
4 Baths
2,484 Sq Ft
5,866 Sq Ft Lot

Recently Sold

$338 Per Sq Ft

2% Below List Price

15 Days on Market

About This Home

As of January 2025

We are proud to present this opportunity for first time buyers and savvy investors alike to acquire this smoothly operating 4-unit property at 8919 S. Hoover St. All four units are 2 bedrooms, 1 bathroom, and tenants enjoy on-site parking at the rear of the property. Buyers may wish to inquire with the City about ADU potential, as the rear area may allow for it, bringing additional value. The property is 100% occupied with all tenants current on rent. This location is ideally situated within close proximity to the 110 freeway, which offers convenient access to DTLA, USC, LA Coliseum, and Sofi Stadium.

Last Agent to Sell the Property

John Francis

GT Investments License #02011898 Listed on: 10/29/2024

Last Buyer's Agent

Liliana Pineda

Redfin Corporation License #02006089

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Interior Spaces

  • 2,484 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Unassigned Parking

Additional Features

  • 5,866 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 6038-015-043

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2484
  • Lot Acreage: 0.1347
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 346.22

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered, Unassigned
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.37
  • Assessed Improvement Value: 224196
  • Assessed Land Percent: 69.63
  • Assessed Land Value: 514012
  • Total Assessed Value: 738208
  • Assessor Parcel Number: 6038-015-043
  • Lot Size Area: 5866

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.00
  • Number Of Units: 4
  • Type Of Units: Apartment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2024
Closed on
Nov 15, 2024
Sold by
Hurtado-Ibrahim Karina
Bought by
Ibrahim Zuhair
Seller's Agent
John Francis
GT Investments
Buyer's Agent
Liliana Pineda
Redfin Corporation
List Price
$860,000
Sold Price
$840,000
Premium/Discount to List
-$20,000
-2.33%
Views
20
Current Estimated Value
$838,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,296
Avg. Annual Appreciation
-0.17%

Purchase Details

Listed on
Oct 29, 2024
Closed on
Nov 8, 2024
Sold by
Ibrahim Zuhair Mahmoud
Bought by
Zack Properties Llc
Seller's Agent
John Francis
GT Investments
Buyer's Agent
Liliana Pineda
Redfin Corporation
List Price
$860,000
Sold Price
$840,000
Premium/Discount to List
-$20,000
-2.33%
Views
20

Purchase Details

Closed on
Nov 8, 2017
Sold by
Ruiz Amanda Michelle
Bought by
Ruiz Armando

Purchase Details

Closed on
Dec 11, 2015
Sold by
Mayer Alan
Bought by
Brown Howard R and Brown Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2007
Sold by
Mcneal Oswald W
Bought by
Mayer Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
6.1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 18, 2002
Sold by
Mcneal Oswald W
Bought by
Mcneal Oswald W and Mcneal Dorothy E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Ticor Title Company
Grant Deed -- Ticor Title Company
Grant Deed -- Ticor Title Company
Interfamily Deed Transfer -- Ticor Title
Grant Deed $510,000 Ticor Title
Interfamily Deed Transfer -- Ticor Title
Grant Deed $510,000 North American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $382,500 New Conventional
Previous Owner $408,000 Negative Amortization
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold $840,000 -2.3% $338 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/29/2024 10/29/24 For Sale $860,000 0.0% $346 / Sq Ft
10/20/2024 10/20/24 Pending -- -- --
10/17/2024 10/17/24 For Sale $860,000 -- $346 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,503 $768,029 $534,777 $233,252
2024 $9,503 $752,971 $524,292 $228,679
2023 $9,327 $738,208 $514,012 $224,196
2022 $8,907 $723,734 $503,934 $219,800
2021 $8,788 $709,544 $494,053 $215,491
2019 $8,532 $688,500 $479,400 $209,100
2018 $8,420 $675,000 $470,000 $205,000
2017 $6,553 $520,200 $364,140 $156,060
2016 $5,316 $420,000 $337,900 $82,100
2015 $5,316 $420,000 $337,900 $82,100
2014 $4,912 $375,000 $301,700 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-453833

The MLS

APN: 6038-015-043