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    4302 S Hoover St Los Angeles, CA 90037

    New
    For Sale
    $1,539,000

    Apartment - Los Angeles, CA

    Type:Apartment
    Property size:
    5,632 SF
    Lot size:
    8,419.00 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 8 at 12:06 am

    Property Features for 4302 S Hoover St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Zoning
    LAC2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    14
    Bathrooms
    8
    APN
    5019012031
    Parking
    15
    Exterior features
    Community Features Included: Sidewalks, Lot 6500-9999
    Size
    5,632 SF
    Lot size
    8,419.00 Acres

    Building Details

    Year built
    1925
    Floors in Building
    2
    Number of units
    8
    Architectural style
    Other

    Edgestone Real Estate, Inc. (818) 464-5707 [email protected]

    Listing agent Matias Stofenmacher (213) 273-4845 License #01705003

    Listing date Dec 2, 2025

    MLS# PW25268986 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    USC Area Multifamily Investment Opportunity

    This well-maintained 8-unit apartment building is located near USC, BMO Stadium, and the LA Memorial Coliseum. The property features five oversized 2-bedroom, 1-bathroom units and three 1-bedroom, 1-bathroom units. There are 1.5 parking spaces per unit, including three additional carports that could be converted into additional dwelling units (ADU). The building is situated on an 8,419 square foot lot in a Tier 3 TOC zone, offering long-term development potential. The property has a new roof installed in 2025. The property is suitable as a low-touch investment. The property's zoning is LAC2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.28691
    Latitude
    34.00521

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained 8-unit apartment building near USC with high cash flow.
    Where is this apartment building located?
    The property is located at 4302 S Hoover St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,539,000.
    What are key features of this property?
    This property features: - Over 9% CAP rate and ultra-low 7.78 GRM, delivering exceptionally high day-one cash flow.; - Prime location steps from USC, BMO Stadium, and the LA Memorial Coliseum.; - Oversized 8,419 SF C-2 lot in a Tier 3 TOC zone, offering exceptional long-term development potential.
    (213) 273-4845
    Request Owner's contact information
    4302 S Hoover St Los Angeles, CA 90037
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    Los Angeles, CA 90037
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4302 S Hoover St Los Angeles, CA 90037
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