4302 S Hoover Street, Los Angeles, CA 90037 (MLS # PW25268986)

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PRICE $1,539,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,632 sqft
LOT SIZE 8,421 sqft

We are pleased to present this well-maintained 8-unit asset delivering exceptionally high day-one cash flow, with an over 9% CAP rate and an ultra-low 7.78 GRM"”a true turnkey, low-touch investment. This prime USC property features five oversized 2BR/1BA units and three 1BR/1BA units, along with 1.5 parking spaces per unit, including three additional carports ideal for extra income or an easy ADU conversion. Located just steps from USC, BMO Stadium, and the LA Memorial Coliseum, the building sits on an oversized 8,419 SF C-2 lot in a Tier 3 TOC zone, offering exceptional long-term development potential. With a brand-new 2025 roof, strong in-place income, and no deferred maintenance, this is the ultimate "land bank with cash flow" opportunity"”priced to sell and sure to move quickly.

DAYS ON MARKET 4 LAST UPDATED 12/2/2025
YEAR BUILT 1925 COMMUNITY C34 - Los Angeles Southwest
GARAGE SPACES 3.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AREA C34 - Los Angeles Southwest
GARAGE Yes
LOT 8420 sq ft
LOT DIMENSIONS 8419
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 4302 S HOOVER STREET
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Listed with Edgestone Real Estate, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/6/25 11:26 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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