90044 Homes with Apartment Subtype

90044 Homes with Apartment Subtype

Located in the vibrant city of Los Angeles, California, the zip code 90044 offers a diverse range of real estate opportunities. Situated in Los Angeles County, this area is known for its urban atmosphere and convenient access to amenities.

One notable aspect of the homes in this zip code is the prevalence of the apartment subtype. With a high concentration of apartment buildings, this area provides a variety of housing options for individuals and families alike. Whether you are looking for a cozy studio or a spacious multi-bedroom unit, you are sure to find a home that suits your needs in zip code 90044.

Living in this area offers numerous advantages. The bustling city of Los Angeles provides an array of cultural, entertainment, and dining options just a short distance away. Additionally, residents can enjoy the beautiful California weather and take advantage of the nearby parks and recreational areas.

For those seeking a convenient location with easy access to transportation, zip code 90044 is an excellent choice. With major highways and public transportation options nearby, commuting to work or exploring the city is a breeze.

If you are in search of a home in Los Angeles that offers the convenience of apartment living, zip code 90044 is worth considering. With its prime location, diverse housing options, and proximity to amenities, this area provides an ideal living environment for individuals and families alike.

Newest 90044 Homes with Apartment Subtype

$3,300,000
AR26191591 MLS Active Status
2ND Price Reduction! Renovated 15-unit building (13 Units + 2 Brand New Non-RSO ADUs) cash flowing at a whopping 8% In-place CAP Rate providing over 12% Cash-on-cash return. Major capital improvements completed including new roofs, new electrical, new plumbing, new double pane windows throughout, new exterior paint, new entrance gate, new landscaping, and 10 of the 13 units have been completely upgraded + 2 New ADUs in the back (Not Subject to Rent Control). It offers significant upside to a 9.7% Proforma CAP Rate upon the remaining 3 non-upgraded units turnover. Combine this high return + its newer year built + ease of maintenance, this offering is perfect for a 1031 exchange buyer or an experienced investor looking for high cash flow + easy to maintain assets. The main property was built in 1923 and completely renovated with permits in 2023. The building offers single-story spanish style units with an efficent mix for the area, consisting of ten (10) 1bed+1bath and five (5) Studio units. The property sits on a large 10,554 SF C2 zoned lot and includes RTI plans to convert 2 brand new ADUs into 6 ADUs, adding additional 4 units. It is centrally located in a highly desirable area just minutes away from the home of LAFC our city’s premier professional soccer team, BMO Stadium, USC, Crypto Arena, Home of the Lakers, Clippers, and LA Kings. ) Expo Park and the Metro Green Line. These properties are in a high density and high demand area which provides a consistent flow of renters for future vacancies. The units are individually metered for electricity and gas and tenants pay for trash therefore minimizing the operating expenses.

5928 S Hoover Street, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.