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4302 S Hoover Street, Los Angeles, CA 90037

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For Sale

$1,539,000

14 beds • 8 baths • 5,632 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $273.26
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# PW25268986

Courtesy Of Edgestone Real Estate, Inc.

(213) 273-4845

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other

Map and Directions

Directions to 4302 S Hoover Street, Los Angeles, CA 90037

Home seller CENTURY 21 Allstars

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Allstars

(562) 863-2121
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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.