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7427 S Hoover Street Los Angeles, CA $ 859,000
7427 S Hoover Street
$ 859,000
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7427 S Hoover Street

Los Angeles, CA, 90044
$ 859,000
Baths1.0 Sq 2,531

Monthly Estimate*

$ 5,359

Listed by Keller Williams Palos Verdes
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $859,000 with 1 full bath. This 2,531 square foot home was built in 1940 on a lot size of 0.1329.

Fully Occupied 4-Unit Investment Property on a Corner Lot! Exceptional opportunity to own a fully occupied, income-producing 4-unit property in a rapidly transforming area of Los Angeles! Each unit features 1 bedroom and 1 bathroom, along with its own dedicated 1-car garage and washer and dryer hookups in each unit—a rare and desirable amenity for tenants. The landlord currently covers water. With the potential to generate high rental income based on current payment standards, this property offers a standout return in today's market. Perfect for investors seeking steady, passive income and consistent cash flow. Located in a booming development LA area, just minutes from major attractions including LA Live, SoFi Stadium, the new Intuit Dome, The Kia Forum, BMO Stadium, USC, and Downtown Los Angeles, this property sits in the heart of growth and opportunity. Whether you're expanding your portfolio or entering the market for the first time, this is an investment you won't want to miss.

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Multi-Family Active

Price

$ 859,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1329

Year Built

1940

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB25105283

Days on Market

225

Features
General
Sewer Public Sewer
Heating Wall Furnace
Roof Shingle
Zoning LAR4
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1940
Tenant Pays Electricity Gas
Property Subtype Quadruplex
Gross Income 51264
Community Features Sidewalks
County Los Angeles
Net Operating Income 48264
Operating Expense 3000
Insurance Expense 2000
New Construction 0
Property Type Residential Income
HOA 0
Contingency None
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions West of Figueroa
City Los Angeles
Land Lease Amount 0
Entry Location steps
Senior Community Y/N 0
Number Of Units Total 4
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 5790
Number of Units Leased 4
Listing Terms Submit
Property Attached Y/N 0
Land Lease Y/N 1
Trash Expense 250
Water Sewer Expense 1560
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 38
Total Actual Rent 4272
Property Sub Type Additional Quadruplex
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Interior
Flooring Carpet Laminate
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Heating Y/N 1
Fireplace Y/N 0
Laundry Features In Kitchen
Entry Level 1
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Exterior
Lot Features Corner Lot
Water Source Public
Total Parking 4
Lot Size Area 5790
Number of Buildings 1
Building Area Total 2531
Lot Size Acres 0.1329
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Keller Williams Palos Verdes

Broker

sandra@sandraguevara.com

Email

Affordability Calculator

$5,359
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Monthly Principal & Interest
$5,359
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$859,000 Listed Price

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7427 S Hoover Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $859,000 with 2,531 sqft and a lot size of 0.1329. 7427 S Hoover Street is a studio with 1.0 baths and was built in 1940. The property's zip code is 90044 which is in Los Angeles, CA