4302 S Hoover Street Los Angeles, CA ^$ 1,539,000

4302 S Hoover Street

^$ 1,539,000

Back to search

Recently Listed

4302 S Hoover Street

Los Angeles, CA, 90037

^$ 1,539,000

Studio Baths1.0 Sq 5,632

Monthly Estimate*

^$ 9,601

Listed by Edgestone Real Estate, Inc.

4302 S Hoover Street, Los Angeles, CA 90037 - Image 1

4302 S Hoover Street, Los Angeles, CA 90037 - Image 2

4302 S Hoover Street, Los Angeles, CA 90037 - Image 3

4302 S Hoover Street, Los Angeles, CA 90037 - Image 4

4302 S Hoover Street, Los Angeles, CA 90037 - Image 5

4302 S Hoover Street, Los Angeles, CA 90037 - Image 6

4302 S Hoover Street, Los Angeles, CA 90037 - Image 7

4302 S Hoover Street, Los Angeles, CA 90037 - Image 8

4302 S Hoover Street, Los Angeles, CA 90037 - Image 9

4302 S Hoover Street, Los Angeles, CA 90037 - Image 10

4302 S Hoover Street, Los Angeles, CA 90037 - Image 11

4302 S Hoover Street, Los Angeles, CA 90037 - Image 12

4302 S Hoover Street, Los Angeles, CA 90037 - Image 13

4302 S Hoover Street, Los Angeles, CA 90037 - Image 14

4302 S Hoover Street, Los Angeles, CA 90037 - Image 15

4302 S Hoover Street, Los Angeles, CA 90037 - Image 16

4302 S Hoover Street, Los Angeles, CA 90037 - Image 17

4302 S Hoover Street, Los Angeles, CA 90037 - Image 18

4302 S Hoover Street, Los Angeles, CA 90037 - Image 19

4302 S Hoover Street, Los Angeles, CA 90037 - Image 20

4302 S Hoover Street, Los Angeles, CA 90037 - Image 21

4302 S Hoover Street, Los Angeles, CA 90037 - Image 22

4302 S Hoover Street, Los Angeles, CA 90037 - Image 23

4302 S Hoover Street, Los Angeles, CA 90037 - Image 24

4302 S Hoover Street, Los Angeles, CA 90037 - Image 25

4302 S Hoover Street, Los Angeles, CA 90037 - Image 26

4302 S Hoover Street, Los Angeles, CA 90037 - Image 27

4302 S Hoover Street, Los Angeles, CA 90037 - Image 28

4302 S Hoover Street, Los Angeles, CA 90037 - Image 29

4302 S Hoover Street, Los Angeles, CA 90037 - Image 30

View a Virtual Tour

Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,539,000 with 1 full bath. This 5,632 square foot home was built in 1925 on a lot size of 0.1933.

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.

Multi-Family Active

Price

^$ 1,539,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1933

Year Built

1925

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW25268986

Days on Market

Features

General

Sewer Public Sewer

Zoning LAC2

Garage Spaces 3

Pool Features None

Year Built 1925

Stories Count 2

Levels Two

Property Subtype Apartment

Gross Income 200827

Community Features Sidewalks

County Los Angeles

Net Operating Income 144232

Operating Expense 50996

Insurance Expense 8000

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions S Hoover St & W 43rd St

City Los Angeles

Entry Location 1

Senior Community Y/N false

Open Parking Spaces 12

Number Of Units Total 8

MLS Area C34 - Los Angeles Southwest

Lot Size Units Square Feet

Lot Size Square Feet 8419

Number of Units Leased 8

Listing Terms Cash to New Loan

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 14418

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Assessor

Tax Lot 121

Total Actual Rent 16948

Property Sub Type Additional Apartment

Taxes 21125

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features None

Entry Level 1

Exterior

Water Source Public

Total Parking 15

Lot Size Area 8419

Number of Buildings 1

Building Area Total 5632

Lot Size Acres 0.1933

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 8

Number of Separate Electric Meters 8

* Excluded Features

List By

Edgestone Real Estate, Inc.

Broker

ms@edgestonere.com

Affordability Calculator

$9,601

Per Month

Monthly Principal & Interest: $9,601
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,899,360

Percent of Sale Price 23%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/2/2025	$1,539,000		Listed Price

Map

More homes like this one

homes for you

See all

4302 S Hoover Street, Los Angeles, CA, 90037 is a Multi-Family Home for sale at $1,539,000 with 5,632 sqft and a lot size of 0.1933. 4302 S Hoover Street is a studio with 1.0 baths and was built in 1925. The property's zip code is 90037 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/17/2025. 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.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

4302 S Hoover Street

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home