4302 S Hoover Street, Los Angeles Property Listing: MLS® #PW25186335

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 incomepriced to sell and wont last long!

4302 S Hoover Street, Los Angeles Property Listing: MLS® #PW25186335 Close
Page Summary
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  • MLS® #: PW25186335
  • 4302 S Hoover Street
  • Los Angeles, CA 90037
  • $1,649,000
  • 6 Beds, 4 Bath, 0.19 Acres
  • Office: Edgestone Real Estate, Inc.

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 incomepriced to sell and wont last long!

Supplemental Remarks

Essential Information

  • MLS® #PW25186335
  • Listing Price$1,649,000
  • Date ListedAugust 18th, 2025
  • Days on Market1
  • Bedrooms6
  • Bathrooms4.00
  • Acres0.19
  • Lot Sq.Ft.8,420
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Community Information

  • Address4302 S Hoover Street
  • AreaLOS ANGELES (90037)
  • CityLos Angeles
  • CountyLos Angeles
  • StateCA
  • Zip Code90037

Amenities

  • PoolN/K

Interior

  • FireplaceYes
  • Stories2 Story

Exterior

  • Lot DescriptionSidewalks
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Listing information last updated on September 2nd, 2025 at 11:25pm PDT.