4302 S Hoover Street, Los Angeles, CA 90037 - MLS#PW25186335

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,549,000

Est. payment | -/mo

6 Beds

8,419 Sqft Lot

Save

$ 1,549,000

Est. payment | -/mo

Save

6 Beds

8,419 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25186335

Bedrooms 6

Lot Size 8,419 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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 incomepriced to sell and wont last long!

Location

State CA

County Los Angeles

Zoning Assessor

Direction S Hoover St & W 43rd St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5019012031

Listed by Matias Stofenmacher Edgestone Real Estate, Inc.

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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4302 S Hoover Street Los Angeles, CA 90037