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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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4302 Hoover Street, Los Angeles – $1,649,000

  • 13 Beds
  • 8 Baths
  • .19 Acres
  • 41 DOM
  • 13 Beds
  • 8 Baths
  • .19 Acres
  • 41 DOM

4302 Hoover Street

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!

Essential Information

  • MLS® #PW25186335
  • Price$1,649,000
  • Bedrooms13
  • Bathrooms8.00
  • Acres0.19
  • Year Built1925
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address4302 Hoover Street
  • AreaC34 - Los Angeles Southwest
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90037

Amenities

  • Parking Spaces15
  • # of Garages3
  • PoolNone

Interior

  • # of Stories2
  • StoriesTwo

Additional Information

  • Date ListedAugust 18th, 2025
  • Days on Market41
  • ZoningLAC2

Listing Details

  • AgentMatias Stofenmacher
  • OfficeEdgestone Real Estate, Inc.
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Matias Stofenmacher, Edgestone Real Estate, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of September 28th, 2025 at 1:30pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.