24-Unit Apartment
4040-4060 S Hoover Street, Los Angeles, CA 90037
For Sale
Contact for pricing
Nineteen residences have updated interiors, while five units remain unrenovated.
Property SizeContact for details
Lot Size0.72 Acres
Days on Market54
Property Features for 4040-4060 S Hoover Street
General Information
Standard status
Net Rentable
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Additional Details
Multifamily Units
Amenities
fitness center
private balconies
central A/C and heat
security cameras
courtyards
landscaping
Building Details
Year Built
Buildings
Listing Agency:
Matthews
Listed By:
Nabil Awada · License CA #02046840
(310) 844-9362
Source:
Crexi
Added: Sep 17
Changed: Nov 5
Last Checked: Nov 8 at 7:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two adjacent apartment buildings contain 24 units and 25,824 rentable square feet on a 31,561-square-foot parcel. Constructed in 1987, the property has undergone extensive work, with 19 units renovated and five still awaiting upgrades. Updated apartments include quartz counters, stainless steel appliances, stackable in-unit laundry, hardwood laminate flooring, tiled bathrooms, balconies, and central air conditioning and heat. Two former storage areas now serve as fitness rooms, one in each building. Other improvements include new windows, plumbing and roofs, along with refreshed exteriors, courtyard hardscaping, landscaping, security cameras, exterior lighting and repaved parking. The property is not subject to the Los Angeles Rent Stabilization Ordinance.
The community is adjacent to the University of Southern California and Exposition Park. BMO Stadium and the Los Angeles Memorial Coliseum are within walking distance; the I-110, I-10 and Metro E Line at Expo Park/USC are minutes away. The surrounding district is preparing for the 2028 Olympic Games.
The community is adjacent to the University of Southern California and Exposition Park. BMO Stadium and the Los Angeles Memorial Coliseum are within walking distance; the I-110, I-10 and Metro E Line at Expo Park/USC are minutes away. The surrounding district is preparing for the 2028 Olympic Games.
Key Highlights
- 24 units across two buildings, with 25,824 rentable square feet on a 31,561‑square‑foot lot
- 19 of 24 apartments renovated; five units remain unrenovated
- Renovated units feature in‑unit laundry, balconies, central A/C and heat, and stainless steel appliances
Property Analytics
Lease Details
24
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,763
Businesses Nearby
Explore this area
Business Placement
Demographics for 90037, CA
63,706
Population
18,709
Households
3.4
Avg Household Size
33
Median Age
9%
College-Educated
54%
High-School Grad
2.9 sq mi
ZIP Area
21,968
Density / Sq Mi
$56,417
Median Household Income
$29,857
Median Earnings
$1,438
Median Rent
$632,600
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Nineteen residences have updated interiors, while five units remain unrenovated.
Where is this apartment building located?
The property is located at 4040-4060 S Hoover Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $8,100,000.
What are key features of this property?
This property features: 24 units across two buildings, with 25,824 rentable square feet on a 31,561‑square‑foot lot; 19 of 24 apartments renovated; five units remain unrenovated; Renovated units feature in‑unit laundry, balconies, central A/C and heat, and stainless steel appliances
