4302 S Hoover Street, Los Angeles, CA 90037

Local realty services provided by:Better Homes and Gardens Real Estate Champions
4302 S Hoover Street,Los Angeles, CA 90037
$1,539,000
  • - Beds
  • - Baths
  • 5,632 sq. ft.
  • Multi-family
  • Active
Listed by: matias stofenmacher, sebastian stofenmacher
Office: edgestone real estate, inc.
MLS#:PW25268986
Source:CRMLS

Price summary

  • Price:$1,539,000
  • Price per sq. ft.:$273.26

About this home

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.

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Home facts

  • Year built:1925
  • Listing ID #:PW25268986
  • Added:1 day(s) ago
  • Updated:December 02, 2025 at 08:28 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:$1,539,000
  • Price per sq. ft.:$273.26
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