$ 1,599,000
-
$1,599,000
Price -
10
Bed -
6
Bath -
5,632
SqFt
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About the Listing PB15899 - PMATIASS,pstoseb
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!
Listing Highlights for 4302 S Hoover St
Status
Active
Days on Site
68
Property Type
Multi-Family
MLS ®
PW25186335
Year Built
1925
Total Square Footage
5,632
Lot/Acreage
0.19
County
Los Angeles
Interior Details
- Bedrooms: 10
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Lot 6500-9999,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 15
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5019012031
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
4302 S Hoover St Los Angeles, CA 90037
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