4302 S Hoover Street, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
4302 S Hoover Street,Los Angeles, CA 90037
$1,649,000
  • - Beds
  • - Baths
  • 5,632 sq. ft.
  • Multi-family
  • Active
Listed by:matias stofenmacher
Office:edgestone real estate, inc.
MLS#:PW25186335
Source:CRMLS

Price summary

  • Price:$1,649,000
  • Price per sq. ft.:$292.79

About this home

Prime USC investment! This 8-unit apartment building hits the market with over an 8% day-one cap rate plus huge rental upside. Featuring five oversized 2BR/1BA units and three 1BR/1BA units, plus 1.5 parking spaces per unit (three additional carports for extra income or easy ADU conversion), the property offers both strong cash flow and future flexibility. Just steps from USC, BMO Stadium, and the Coliseum, it sits on an oversized 8,419 SF C-2 lot in a Tier 3 TOC zone, unlocking incredible long-term development potential. With a brand-new roof (2025) and no deferred maintenance, this is the ultimate land bank with income—priced to sell and won’t last long!

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Home facts

  • Year built:1925
  • Listing ID #:PW25186335
  • Added:37 day(s) ago
  • Updated:September 21, 2025 at 01:19 PM

Rooms and interior

  • Living area:5,632 sq. ft.

Structure and exterior

  • Year built:1925
  • Building area:5,632 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,649,000
  • Price per sq. ft.:$292.79
Based on information from California Regional Multiple Listing Service, Inc. as of September 25, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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