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Quadplex with Four 1BR Units
For Sale
$1,699,000
Pending

718 North Hoover Street, Los Angeles, CA 90029

Four updated one-bedroom, one-bath units in a classic quadplex, with in-unit character features and nearby transit access.

Property Size3,912 SF
Days on Market129

Property Features for 718 North Hoover Street

General Information

Standard status Pending
Size 3,912 SF
Total Parking Spaces 4
Property subtype Residential Income
Zoning LARD2
Net Operating Income $54,094

Additional Details

Highway Access Yes
Multifamily Units 4

Amenities

Two
Wall
Washer Included, Dryer Included
Dryer, Range/Oven, Washer, Refrigerator
No

Building Details

Year Built 1922
Buildings 1
Stories 2
Units 4
Listing Agency: Compass
Listed By: Sally Forster Jones · License #00558939
Source: Compass
Added: Apr 19 Changed: Aug 23 Last Checked: Jul 24 at 3:06PM

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 Compass

Investment Insights

Based on property information with market context.

This quadplex at 718 N Hoover St contains four one-bedroom, one-bathroom residences. The building is described as classic and well-maintained, with units featuring original hardwood floors, decorative fireplaces, leaded picture windows, and custom built-ins. The property is also described as having spaces that have been updated over the years, supporting an easier maintenance and presentation profile for day-to-day operations.

The property is in the Virgil Village area, with nearby access to Silver Lake and its local destinations mentioned in the remarks. Bellevue Park and Recreation Center are around the corner, and the 101 Freeway is noted as nearby. The Metro Vermont/Santa Monica station is also described as mere blocks away, serving the B Line (red), with connections to other parts of the city.

For buyers and operators, this is a straightforward small multifamily setup offering four separate 1BR/1BA units in a single ownership structure. The combination of updated interiors and durable, character-forward features can appeal to tenants looking for more than standard finishes, while the close proximity to transit and major road access can simplify commuting for residents.

Key Highlights

  • Classic 1922‑built quadplex featuring four updated 1‑bedroom, 1‑bath units
  • Units feature original hardwood floors, decorative fireplaces, leaded picture windows, and custom built‑ins
  • In‑unit character details include updated and well‑maintained spaces over the years

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Travel Agency Locksmith Tanning Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,148
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four updated one-bedroom, one-bath units in a classic quadplex, with in-unit character features and nearby transit access.
Where is this quadplex located?
The property is located at 718 North Hoover Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Classic 1922‑built quadplex featuring four updated 1‑bedroom, 1‑bath units; Units feature original hardwood floors, decorative fireplaces, leaded picture windows, and custom built‑ins; In‑unit character details include updated and well‑maintained spaces over the years
More about this property
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