$1,649,000
4302 S Hoover Street
Los Angeles, CA, 90037
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
Schools
Interior
Laundry Features
None
Exterior
Community Features
Sidewalks
Parking Spots
15.00
Financial
Mortgage Calculator
Map
Similar Listings Nearby
- 4817 St Charles Place
Los Angeles, CA$2,100,000
4.21 miles away
- 819 S Mariposa Avenue
Los Angeles, CA$2,100,000
3.66 miles away
- 1152 W 88th Street
Los Angeles, CA$2,100,000
3.32 miles away
- 1475 Venice Boulevard
Los Angeles, CA$2,100,000
2.71 miles away
- 1210 S Cochran Avenue
Los Angeles, CA$2,099,000
4.91 miles away
- 1250 5th Avenue
Los Angeles, CA$2,090,000
3.58 miles away
- 8418 S Main Street
Los Angeles, CA$2,090,000
3.06 miles away
- 819 Beacon Avenue
Los Angeles, CA$2,075,000
3.34 miles away
- 2150 Cambridge Street
Los Angeles, CA$2,050,000
2.89 miles away
- 1460 W 28th Street
Los Angeles, CA$2,035,000
1.71 miles away
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 Houzerz Real Estate and Loans include the name of the listing broker. Neither the listing company nor Houzerz Real Estate and Loans 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
