About 4302 S Hoover Street
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.
Features of 4302 S Hoover Street
| MLS® # | PW25268986 |
|---|---|
| Price | $1,539,000 |
| Sold Price | $1,500,000 |
| Bedrooms | 14 |
| Bathrooms | 8.00 |
| Lot Sqft | 8,419 |
| Acres | 0.19 |
| Year Built | 1925 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Closed |
| # Of Units | 8 |
Community Information
| Address | 4302 S Hoover Street |
|---|---|
| Area | C34 - Los Angeles Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90037 |
Amenities
| Parking Spaces | 15 |
|---|---|
| # of Garages | 3 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | December 2nd, 2025 |
|---|---|
| Date Sold | January 7th, 2026 |
| Days on Market | 21 |
| Zoning | LAC2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Matias Stofenmacher |
|---|---|
| Office | Edgestone Real Estate, Inc. |