The story
***BUY THIS HOME WITH NO MONEY DOWN & NO MI ***Opportunity meets potential at 9819 S Hoover St. This charming Spanish 2-bedroom, 1-bath with a full tub & shower stall , offers 978 sq. ft. of living space on a generous 5,196 sq. ft. lot. Built in 1935 with an AC Split system, this property presents a great opportunity to update, add value, build equity, and put down roots in the community. The spacious backyard and convenient CONTROLLED SECURED alley access by the Residents provides an exciting possibility for an expansion, outdoor entertaining area, or detached ADU. Buyers may explore an approximately 900 to 1,000 sq. ft. ADU, with a larger configuration potentially possible, subject to City approval. Investors can pursue multiple value-add strategies, including renovating and reselling, improving the property to seek current market rent, or holding it in a real estate portfolio for potential long-term income and appreciation in the heart of Los Angeles. Ideally located approximately 12 minutes from SoFi Stadium and close to the Intuit Dome and Hollywood Park's shopping, dining, and entertainment. Enjoy quick access to major transit lines and the 110 Freeway, making commutes to Downtown Los Angeles or LAX convenient. Whether you are searching for a home to personalize or an investment with long-term potential, this property deserves a closer look. Buyer to independently verify all square footage, lot size, zoning, permits, rental potential, ADU feasibility, and development requirements with the City of Los Angeles. ***Property was Virtually Staged*** Property is a Fixer
