Listing provided courtesy of Matias Stofenmacher of Edgestone Real Estate, Inc.. Last updated 2025-10-21 08:12:56.000000. Listing information © 2025 Sandicor.
Asking Price: $1,639,000 |
4302 Hoover, Los Angeles CA 90037
Community: C34 - Los Angeles Southwest
This Apartment property was built in 1925 and is priced at $1,639,000. Please see the additional details below.
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!
