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!
Property Details
Price:
$1,649,000
MLS #:
PW25186335
Status:
Active
Baths:
0
Address:
4302 S Hoover Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c34losangelessouthwest
City:
Los Angeles
Listed Date:
Aug 18, 2025
State:
CA
ZIP:
90037
Lot Size:
8,419 sqft / 0.19 acres (approx)
Year Built:
1925
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Schools
Interior
Laundry Features
None
Exterior
Community Features
Sidewalks
Parking Spots
15.00
Financial
Map
Community
- Address4302 S Hoover Street Los Angeles CA
- AreaC34 – Los Angeles Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90037
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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 2025. California Regional Multiple Listing Service. All rights reserved.4302 S Hoover Street
Los Angeles, CA
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