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4302 S Hoover Street
Los Angeles CA 90037 US

$1,539,000

Active Under Contract Listing ID PW25268986
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14 bed
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8.00 Bath (8 Full)
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Lot: 8,419.00 Square Feet
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Apartment

$1,539,000

Active Under Contract Listing ID PW25268986
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4302 S Hoover Street 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.

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Property Features

  • Facts
  • Lot Size: 8,419.00 Square Feet
  • Property Type: Residential Multi Family
  • Property Sub-type: Apartment
  • Features
  • Full Bathrooms: 8
  • Exterior Finish: Community Features Included: Sidewalks, Lot 6500-9999

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Apartment
  • listprice: 1539000
  • unparsedaddress: 4302 S Hoover Street
  • postalcity: Los Angeles
  • stateorprovince: CA
  • country: US
  • postalcode: 90037
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.193273645546373
  • lotsizeunits: Square Feet
  • lotsizearea: 8419
  • livingarea: 5632
  • livingareaunits: Square Feet
  • listagentfullname: Matias Stofenmacher
  • listagentemail: ms@edgestonere.com
  • listagentkey: 3yd-MRMLSCA-PMATIASS
  • listagentmlsid: PMATIASS
  • listagentpreferredphone: 8184645707
  • listagentofficephone: 2132734845
  • listofficekey: 3yd-MRMLSCA-PB15899
  • listagentstatelicense: 01705003
  • listofficemlsid: PB15899
  • disclaimer: Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1925
  • listingcontractdate: 2025-12-02
  • listagenturl: http://www.edgestonere.com
  • countyorparish: Los Angeles
  • parcelnumber: 5019012031
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 15
  • waterfrontyn: False
  • exteriorfeatures: Community Features Included: Sidewalks, Lot 6500-9999
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Edgestone Real Estate, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ms@edgestonere.com", "ListBrokerageCity":"Los Angeles", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ms@edgestonere.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Edgestone Real Estate, Inc.", "ListBrokeragePhone":"(818) 464-5707", "ListBrokeragePostalCode":"90026", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2475 Echo Park Ave", "ListBrokerageWebsiteUrl":"http://www.EdgestoneRE.com", "ListOfficeAddress1":"654 N. Virgil Ave, #201", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PMATIASS", "ListOfficeCity":"Los Angeles", "ListOfficeCountry":"US", "ListOfficeEmail":"ms@edgestonere.com", "ListOfficePostalCode":"90004", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment - Los Angeles, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4302-S-Hoover-St_Los-Angeles_CA_90037_M23391-87112?f=listhub&s=MRMLSCA&m=PW25268986&c=rexren", "MLSModificationTimestamp":"2025-12-24T09:12:36Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Apartment", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/24/2025 6:37:49 PM GMT
Source Updated Date: 12/25/2025 6:59:58 PM GMT

Courtesy of: Matias Stofenmacher, Edgestone Real Estate, Inc., ms@edgestonere.com

Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.