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.
Property Details
Price:
$1,539,000
MLS #:
PW25268986
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
Listed Date:
Dec 2, 2025
Total Sq Ft:
5,632
Lot Size:
8,419 sqft / 0.19 acres (approx)
Year Built:
1925
See this Listing
Schools
Interior
Laundry Features
NO
Exterior
Community Features
SDW
Parking Spots
15
Financial
Map
Community
- Address4302 S Hoover ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jan 02, 2026
1,708
Single Family Listed
75
Avg DOM
1,035
Avg $ / SqFt
$1,712,909
Avg List Price
Property Summary
- 4302 S Hoover ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90037. It is listed for $1,539,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1925. The average price per square foot for Single Family listings in Los Angeles is $1,035. The average listing price for Single Family in Los Angeles is $1,712,909.
Similar Listings Nearby
Courtesy of Edgestone Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.4302 S Hoover ST
Los Angeles, CA