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!
MLS #
CRPW25186335
MLS Source
California Regional MLS
Days on Site
5
Laundry
None
Garage/Parking
Garage: 3 Car(s)
Listing Agent
Matias Stofenmacher
Edgestone Real Estate, Inc.
License #: 01705003
Phone: (818) 464-5707
Co-Listing Agent
Sebastian Stofenmacher
License #: 01328684
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 8 | – |
4302 S Hoover St is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 8,419 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,649,000 and was built in 1925.
This address can also be written as 4302 S Hoover St, Los Angeles, CA 90037.©2025 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 August 18, 2025. For the most current information, please contact Matias Stofenmacher, (818) 464-5707