Home | Los Angeles County | Los Angeles | 90037 | 4302 S Hoover St

4302 S Hoover St, Los Angeles, CA 90037

MLS: CRPW25268986 | Status: | Price: $1,500,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds	Baths	Sq Ft	Sq Ft Lot	Yr Built
–	–	–	8,419	1925

Remarks

We are pleased to present this well-maintained 8-unit asset delivering exceptionally high day-one cash flow, with an over 9% CAP rate and an ultra-low 7.78 GRM—a true turnkey, low-touch investment. This prime USC property features five oversized 2BR/1BA units and three 1BR/1BA units, along with 1.5 parking spaces per unit, including three additional carports ideal for extra income or an easy ADU conversion. Located just steps from USC, BMO Stadium, and the LA Memorial Coliseum, the building sits on an oversized 8,419 SF C-2 lot in a Tier 3 TOC zone, offering exceptional long-term development potential. With a brand-new 2025 roof, strong in-place income, and no deferred maintenance, this is the ultimate “land bank with cash flow” opportunity—priced to sell and sure to move quickly.

MLS Listing Information

Field	Value
MLS #	CRPW25268986
MLS Source	California Regional MLS

Features

Interior Features

Feature	Details
Laundry	None

Parking, School, and Other Information

Feature	Details
Garage/Parking	Garage: 3 Car(s)

Contact Information

Listing Agent	Co-Listing Agent
Matias Stofenmacher	Sebastian Stofenmacher
Edgestone Real Estate, Inc.
License #: 01705003	License #: 01328684
Phone: –	Phone: –

Property Units

# Buildings	# Leased Units	# Total Units
1	8	–

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School	Type	Grades	Distance	Rating
Marguerite Poindexter Lamotte Elementary	public	K-5	0.16 mi	6
Menlo Avenue Elementary School	public	K-7	0.23 mi	7
Manual Arts Senior High School	public	9-12	0.39 mi	3
Dr. James Edward Jones Primary Center	public	KG,1,2	0.42 mi	N/A
West Vernon Avenue Elementary School	public	K-5	0.45 mi	8
Fifty-Second Street Elementary School	public	K-5	0.63 mi	2
Normandie Avenue Elementary School	public	K-5	0.74 mi	3
William Jefferson Clinton Middle School	public	6-8	0.99 mi	4
Main Street Elementary School	public	K-5	1.08 mi	3
Trinity Street Elementary School	public	2,3,4,5	1.11 mi	2
Ricardo Lizarraga Elementary School	public	K-5	1.16 mi	6
Maple Primary Center	public	KG,1	1.17 mi	N/A
Lenicia B. Weemes Elementary School	public	K-5	1.26 mi	4
Estrella Elementary School	public	K-5	1.28 mi	2
Martin Luther King Jr. Elementary School	public	K-5	1.30 mi	4
Barack Obama Global Preparation Academy	public	6,7,8,9,10,11	1.30 mi	2
John Muir Middle School	public	6-8	1.33 mi	5
Social Justice Schools: Fine Arts Academy At Dr. Maya Angelou Community High	public	9-12	1.34 mi	3
Thirty-Second Street USC Performing Arts	public	K-12	1.34 mi	8
Augustus F. Hawkins High A Critical Design And Gaming	public	9-12	1.35 mi	4

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

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This listing information is up-to-date as of January 08, 2026. For the most current information, please contact Matias Stofenmacher.