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4302 S Hoover StreetLos Angeles, CA 90037

For Sale

$1,539,000

Smart Buyer Rebate $15,390

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.

Listed by Matias Stofenmacher

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License #01705003

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Edgestone Real Estate, Inc.

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818-464-5707

Listed by Sebastian Stofenmacher

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License #01328684

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Edgestone Real Estate, Inc.

Last updated December 03, 2025

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Source: CRMLS #PW25268986

Listing Facts

  • TypeMulti-family
  • NeighborhoodVermont Square
  • Days on Prevu11

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/02/2025
Listed by Edgestone Real Estate, Inc.
$1,539,000

Property Details for 4302 S Hoover Street

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 8
  • Property Attached: Yes
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1925
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 5,632
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 8,419
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,419
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $200,827.00
  • Operating Expense: $50,996.00

Taxes

  • Parcel Number: 5019012031

Other

Location

  • Tax Lot: 121

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking Spaces: 12
  • Parking Total: 15

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4302 S Hoover Street.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 4302 S Hoover Street.

How does 4302 S Hoover Street compare to other multi-family homes in Vermont Square?

This multi-family home is listed 35% above the average price for multi-family homes in Vermont Square and has been on the market for 101 less days than the typical home in this area.

4302 S Hoover Street is a -bedroom multi-family home for sale in Los Angeles CA 90037. On Prevu for 11 days at $1,539,000. This home is located in Vermont Square. The median listing price for multi-family homes in this area is $839,750. The home offers parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.