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7427 S Hoover St Los Angeles, CA 90044

For Sale
$859,000

Income-producing 4-unit property in a transforming Los Angeles area.

Lot size:
0.13 Acres

Property Features for 7427 S Hoover St

General Information

Lot size
0.13 Acres

Building Details

Year built
1940

Source: Keller Williams Palos Verdes Agent Sandra Guevara

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Occupied Investment Property

This is a fully occupied, income-producing 4-unit property situated on a corner lot in a rapidly transforming area of Los Angeles. Each unit includes 1 bedroom and 1 bathroom, complemented by a dedicated 1-car garage and washer and dryer hookups. The landlord is currently responsible for covering the water utility. The property is positioned to generate high rental income based on current payment standards, offering a strong return on investment. Its location is in a booming development area of Los Angeles, providing convenient access to major attractions such as LA Live, SoFi Stadium, the new Intuit Dome, The Kia Forum, BMO Stadium, USC, and Downtown Los Angeles. This property is suitable for investors seeking steady, passive income and consistent cash flow.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
-118.28725
Latitude
33.97189

FAQs

What type of property is this?
Quadplex - Income-producing 4-unit property in a transforming Los Angeles area.
Where is this quadplex located?
The property is located at 7427 S Hoover St Los Angeles, CA.
What is the asking price?
The asking price for this property is $859,000.
What are key features of this property?
This property features: - Fully occupied 4-unit property generating immediate income.; - Each unit includes a dedicated 1-car garage and washer/dryer hookups.; - High rental income potential based on current payment standards.
More about this property
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