4302 S Hoover Street

Los Angeles , CA 90037

MLS#: PW25186335

$1,649,000

Status: Active
Listing number: PW25186335
Listing provided by: Edgestone Real Estate, Inc.
Listing agent phone: None
Last update: a day ago
New on site 2 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1925

Sq.Footage

N/A

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 income—priced to sell and won’t last long!

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    3

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Size(acres)

    0.1933

  • Property Type

    Residential Income

  • Property Sub Type

    Apartment

Price

  • Sales Price

    $1,649,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Tax Lot

    121

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Matias Stofenmacher , Edgestone Real Estate, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
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 income—priced to sell and won’t last long!

4302 S Hoover Street

Message successfully sent.

What would you like to know?

Related Properties

New on site 2 days ago
Welcome to 1200 N. Kenmore Ave, a well-maintained six-unit multifamily property situated on a desirable corner lot offering a prime investment opportunity in the heart of East Hollywood. This two-story gated building spans 5,128sqft. on a generous 7,000sqft. lot, featuring 2 - 2 bedrooms, 2 - 1 bedroom and 2 studios with 6 bathrooms in total. All six units are currently leased to long-term tenants who pay on time and maintain their homes with care, making this a truly turnkey investment. The property is in good condition with updated units, minimizing maintenance concerns for the next owner. Additional highlights include garage and carport parking for up to 8 vehicles, a valuable amenity in this high demand urban neighborhood. Built in 1946, the property offers a solid structure with modernized interiors that support both stability and growth potential. Ideally situated near schools, shops, restaurants, and just minutes from the Metro B Line, this property provides tenants with convenience and accessibility while offering investors steady cash flow and strong appreciation potential. Perfect for investors seeking a turnkey, fully occupied property with dependable tenants and minimal headaches. Don’t miss this rare opportunity to acquire a stable, income-producing property in one of Los Angeles’ most vibrant rental markets.
#SR25186453

Los Angeles

1200 N Kenmore Avenue

None Beds

None Baths

5,128 Sq.Ft.

$1,399,000

MLS#: SR25186453

With immaculate upgrades and impeccable restoration, this 1923 Craftsman Bungalow (3 bedroom/2 bath) and its 2 companion units (a 1 bed, 1 bath cottage and a bonus 2 story A-frame) create a phenomenal residential compound in central Los Feliz. All 3 units enjoy their own private gardens and patio areas and a wonderful sense of seclusion. The main house (which is currently vacant and available to show) measures at 1,445 square feet of living space, the cottage measures at 514 square feet and the bonus A-frame measures at 640 square feet over 2 floors. Walking distance to the shops and restaurants of Hillhurst and Vermont Avenue and just minutes to major thoroughfares, Hollywood entertainment and Griffith Park, this is a terrific investment opportunity or the perfect owner/user scenario.
#25579015

Los Angeles

4311 Kingswell Avenue

5 Beds

None Baths

2,606 Sq.Ft.

$1,749,000

MLS#: 25579015

$9,898/Month Income – Fully Occupied 4-Unit in Prime Los Angeles. Turnkey investment with two fully remodeled units in the front building and two brand-new construction units in the back. 100% occupied by low-maintenance tenants generating strong cash flow from day one. Unit mix: 2 × 2 bed/1 bath, 2 × 1 bed/1 bath. Excellent location near DTLA, USC, and SoFi Stadium with strong rental demand and long-term appreciation potential. No work needed — just collect the rent.
#OC25184435

Los Angeles

5718 S Manhattan Place

None Beds

None Baths

2,854 Sq.Ft.

$1,349,000

MLS#: OC25184435

We are pleased to present fantastic income opportunity. 7 units two story Building in the great West LA location. Close to Culver City all units are in well-kept conditions, this great 7 unit mix of two(2) units @ 2 bedrooms / 1 bathroom and five(5) units @ 1 Bedroom / 1 Bathroom....... The property has Security parking with 7 spaces and a laundry room, just perfect for an investor who want to update the high incomes of this neighborhood.. this is Bead and butter investment in the prime area of mid-Los Angeles.
#SR25184736

Los Angeles

1801 S Longwood Avenue

None Beds

None Baths

5,202 Sq.Ft.

$1,649,000

MLS#: SR25184736

Great location !!!!! Corner lot 6 plex 2 story 2- 2 bd 4 -1 bd good upside 3 units recently updated has secure 5 car garage don't wait send offer now Has room to add coin op washer n dryer for extra income
#25579525

Los Angeles

3305 W 21st Street 6

8 Beds

None Baths

4,740 Sq.Ft.

$1,899,900

MLS#: 25579525

11.87 GRM and 6.02% cap in Prime Palms! 3731 Glendon Ave is an amazing opportunity to own six units offered at only $249k/unit. Whether you are long term or a value-add investor, the subject property is the perfect assets to help achieve your investment goals. 3731 Glendon Ave features a unit mix of (5) 1-Bed/1-Bath and (1) Studio/1-Bath units. This property has undergone significant upgrades in recent years. Select units have been updated with new floors, counter tops, bathrooms, fixtures, etc. This asset offers strong rental upside with a pro-forma 10.77% CAP and 7.35 GRM. This investment is in one of the most sought-after neighborhoods on the Westside. This location is every renter's dream being only steps from Downtown Culver City, an area boasting many great restaurants, shopping and entertainment. 3731 Glendon Ave is also located near new tech companies such as Google, Meta, Snapchat, Hulu, Sony, HBO and Apple.
#SB25184376

Los Angeles

3731 Glendon Avenue 2

None Beds

None Baths

2,583 Sq.Ft.

$1,499,000

MLS#: SB25184376

Privacy and charm are found in this Picfair Village duplex that is 100% vacant. Behind a tall Podocarpus hedge with hog wire fence topped wall you will be welcomed by a covered front porch, the perfect spot to enjoy that morning cup you picked up on your stroll to Mad Lab Coffee. This enchanting Spanish 2 bed + 2 bath home with detached freestanding 1 bed + 1 bath unit on the 2nd floor of the rear of the property has so much to offer and more. In addition, you will discover under the back unit are two additional flex spaces, one with full bath and laundry. Through the front door you will discover a spacious living room with gas fireplace. This room adjoins a formal dining room with period built-in buffet that has been outfitted with newer doors/drawers. Adjacent to the dining room you will find a generous sized eat-in kitchen. The kitchen offers incredible amounts of countertop space to spread out your ingredients for the many dinners you will host in this fab entertainer's home. The kitchen includes updated cabinetry, granite countertops, stainless steel dishwasher, range, refrigerator and a full-sized stacked washer/dryer. Checking everyone's boxes is a kitchen that opens up to the back yard so you can view your guests/family while honing your culinary skills. Down a large central hall is a front bedroom with custom closet and drawers. Two bathrooms flank the hall. The 1st bathroom serves guests & the front bedroom, with a tub over shower. The primary bath has a separate bathtub and large shower with two pedestal sinks. The primary suite is a true retreat. The bedroom features a walk-in closet and custom built-in desk with bookcase and drawers. A perfect spot to pen your next script or song with the dreamy views of the succulent garden for your inspiration. As you leave the primary bedroom through the door to the succulent garden with Trex deck that is the perfect spot to relax after a day in the garden under the shade of a Camphor tree. Further outdoor space is set-up for dining/lounging. Upstairs you will find an east facing spacious 1 bedroom + 1 bath unit that has a very period vibe with hardwood floors throughout and outfitted with dreamy wood-stained trim, including double paned windows. In the eat-in kitchen are warm wood paneled walls with Ikea cabinetry, butcher block counter tops, range, Miele dishwasher and stove. A peaceful bedroom that faces the hill behind is adjacent to bathroom with vintage tiled tub/shower & black painted paneling giving it a very chic feel. Downstairs are two flex spaces, both with French doors and each offering their own personality. The first includes a full-sized washer/dryer and deep laundry sink with cabinet where you can clean off your clogs and the hand trowel you pulled out of the newer storage shed after a day of gardening, or a place to wash your paint brushes and palette. This flex room has a very modern vibe that is set off by polished concrete floors and smooth light-colored wood paneling. Through the opaque glass door, you will discover a spa size shower with rainfall shower head. The designer choices of tile and finishes in this room are ready for your Pinterest. The other flex room with laminate flooring and recessed lighting is perfect as a studio space, gym or office. Behind the two-story rear unit is an additional open space that would be perfect as another spot for gardening or used as private yard for the upstairs unit. We said this property has it all. The vision is all yours now how to utilize all the great space this property has to offer. Other notable features in the main house are: oak hardwood floors, recessed lighting & central HVAC. Welcome to the paradise you have found in Casa Carmona. Set in the very walkable Mid-City neighborhood of Picfair Village with its annual pumpkin race, neighborhood feel, steps to local cafs and minutes to DTLA, the Westside, Beverly Hills and LAX.
#25578467

Los Angeles

1525 Carmona Avenue

3 Beds

None Baths

2,224 Sq.Ft.

$1,649,000

MLS#: 25578467

First time on the market in 37 years!! Side-by-Side 1926 Spanish Character Duplex that's 2602 sq ft of living space on a 7357 sq ft lot DELIVERED VACANT AT THE CLOSE OF ESCROW in prime Miracle Mile location close to The Grove! Charming front porch, grassy line and classic Spanish clay tile roof make for nice curb appeal. Living room opens to the dining room perfect for entertaining. Large office with faux fireplace and picture window to street. Large kitchen with high ceilings, abundant cabinetry and countertop space, 2 sinks, dishwasher, stove/oven, and door to yard. Laundry off hallway. Full bath in hallway. Linen closet. 3 beds and 2 baths in owner's unit. Primary suite with walk-in closet and attached bath with tub/shower. 2 secondary beds, both with door to backyard, share full bath. Rear tenant unit has kitchen with breakfast area, 2 beds + 1 bath with shower/tub. 1 car garage + 2 hostel style guest rooms in yard, one with 1/2 bath and one with full bath. Can be converted back to original 2 units with 2 bedrooms each or remodeled and used as large owner's unit with smaller tenant unit. Hardwood floors, central HVAC, pleasant floor plan. Unusually large and spacious Spanish single story in prime location!
#25578453

Los Angeles

539 N Poinsettia Place

5 Beds

None Baths

2,602 Sq.Ft.

$1,799,000

MLS#: 25578453

Welcome to this wonderful apartment complex located in the heart of Los Angeles. Just steps away from the vibrant and recently revitalized KECK USC hospital area, this apartment complex offers a variety of living options to suit your needs. The complex consists of six apartment units: three upstairs and two downstairs, along with a garage and a back house. The upstairs units are all 1 bedroom, 1 bath. The downstairs units include a spacious 3 bedroom, 2 bath apartment, and a 1 bedroom, 1 bath apartment. The back house features 2 bedrooms and 1 bath, ideal for guests or rental. In addition to the living spaces, the property boasts convenient parking with a 2-car garage attached to the five units and four additional parking spaces. Enjoy the benefits of living in a well-maintained and centrally located property.
#DW25183621

Los Angeles

1611 Murchison Street

None Beds

None Baths

4,274 Sq.Ft.

$1,350,000

MLS#: DW25183621

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here