6214 Hooper Ave , Los Angeles, CA 90001
$959,000
Est. Payment: $4,825.54/mo
8 Bed
4 Bath
2544 Sqft
Status: active | Days on site: 8
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Exceptional Value-Add Fourplex in the Heart of South Los Angeles!Pride of ownership shines throughout this well-maintained four-unit investment property, offered for sale for the first time in many years by the same family. Featuring four spacious 2-bedroom, 1-bath units, this fully occupied asset offers immediate, reliable cash flow with long-term tenants who have an excellent history of on-time rent payments.The property offers outstanding curb appeal with a freshly painted exterior, secure gated entry, covered parking, and attractive drought-tolerant landscaping, all situated directly across from a neighborhood park that enhances the tenant experience.Two units have been tastefully maintained, while two offer an excellent opportunity for cosmetic improvements, allowing the next owner to increase value and maximize future rental income. Separate gas and electric meters minimize operating expenses, with the seller currently responsible for only water and trash.Located on an LCR3YY-zoned lot, this property presents exciting long-term upside, including the potential to add an Accessory Dwelling Unit (ADU) or further enhance the site (buyer to independently verify all development possibilities with the City of Los Angeles).Conveniently located near schools, shopping, public transportation, major freeways, and Downtown Los Angeles, this is an outstanding opportunity for investors seeking stable income today with significant future appreciation and value-add potential.Property Highlights:* Four spacious 2-bedroom, 1-bath units* Fully occupied with long-term, reliable tenants* Strong history of on-time rent payments* Freshly painted exterior with excellent curb appeal* Secure gated entry and covered parking* Separate gas and electric meters* Seller pays only water * Directly across from a neighborhood park* LCR3YY zoning with potential ADU/development opportunities (buyer to verify)Please do not disturb tenants. Drive-by only. Interior inspection subject to an accepted offer. Buyer to independently verify all information, including square footage, zoning, permits, rent control status, development potential, and all aspects of the property.

Highlights

Listed by Vania Rincon , 323-804-9854 EstateX inc. , 310-770-7032. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1959

County

Los Angeles

Area

C42 - Downtown L.A.

Listing ID

26853219

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:0
Other:Public

Exterior Features

Lot:Rectangular Lot,No Land Lease
Garage Capacity:8
Zoning:LCR3YY
Roof:Shingle
Others:Repairs Cosmetic,Stucco,2+ Total Units,Has ADU
Sewer:Sewer Tap Paid
Parking Features:Carport
Principal Interest
$4,826
Taxes
$611

Home Price

$959,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$191,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,825.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,825.54 $611.36 $0.00 $5,436.90
Yearly $57,906.44 $7,336.35 $0.00 $65,242.79
Total $1,737,193.10 $220,090.50 $0.00 $1,957,283.60

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T10:35:52.000Z

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