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4504 S Hoover Street, Los Angeles, CA 90037

Los Angeles
Local realty services provided by:CENTURY 21 Adams & Barnes
4504 S Hoover Street,Los Angeles, CA 90037
$2,300,000
  • 10 Beds
  • 9 Baths
  • 6,342 sq. ft.
  • Multi-family
  • Active
Listed by: eric hecht
Office: eric hecht310-497-3835
MLS#:26986497
Source:CRMLS

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$362.66

About this home

Rare 9-unit value-add opportunity on the southeast corner of Hoover and W 45th, minutes from USC, Exposition Park, and the 110. Three buildings on one corner lot: two 2-story Spanish-style fourplexes plus a detached rear home, in all 8 one-bedroom units and 1 two-bedroom, 100% occupied. Approximately $107,300 in documented capital improvements since 2022, including new cool roofs on both fourplex buildings (2026), two full unit renovations, upgraded kitchens and baths, flooring, paint, water heaters, and electrical and plumbing repairs throughout. Four units are Section 8 with reliable HACLA-paid rents. Significant rental upside: most one-bedrooms rent well below the current HACLA payment standard of $1,793. Strong current cash flow with a clear path to a 6%+ cap rate at market rents. Additional income potential from an on-site laundry room with owner-owned machines. Units separately metered for gas and electricity. A clean, well-documented asset with detailed financials and...

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Home facts

  • Year built:1908
  • Listing ID #:26986497
  • Added:5 day(s) ago
  • Updated:September 20, 2026 at 11:17 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:9
  • Flooring:Tile
  • Kitchen Description:Gas Range, Refrigerator, Vented Exhaust Fan
  • Living area:6,342 sq. ft.

Structure and exterior

  • Roof:Bitumen, Composition, Shingle
  • Year built:1908
  • Building area:6,342 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Spanish
  • Construction Materials:Stucco
  • Levels:2 Story

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$2,300,000
  • Price per sq. ft.:$362.66

Features and amenities

  • Amenities:Ceiling Fans, Drapes

Parking

  • Total parking spaces:2
  • Parking description:Driveway, On Street
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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