About 4302 S Hoover Street
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!
Features of 4302 S Hoover Street
| MLS® # | PW25186335 |
|---|---|
| Price | $1,639,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Acres | 0.19 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 4302 S Hoover Street |
|---|---|
| Area | LOS ANGELES (90037) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90037 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|---|
| Stories | 2 Story |
Exterior
| Lot Description | Sidewalks |
|---|
Additional Information
| Date Listed | August 18th, 2025 |
|---|---|
| Days on Market | 54 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Edgestone Real Estate, Inc. |
|---|