10107 S. Hoover is a very clean property that is perfect for first-time investor, or a seasoned cash flow buyer. Because the building is subject to LA-RSO, a new owner can increase the rents by 7% staring February 2024, therefore reaching a cap rate of 6.04% in a just few months.
This asset consists of: (2) 2 Bed / 1 Bath, and (3) 1Bed / 1Bath with open and garage parking available, and a community laundry room.