Property Details
About this Property
We are pleased to present this well-maintained 8-unit asset delivering exceptionally high day-one cash flow, with an over 9% CAP rate and an ultra-low 7.78 GRM—a true turnkey, low-touch investment. This prime USC property features five oversized 2BR/1BA units and three 1BR/1BA units, along with 1.5 parking spaces per unit, including three additional carports ideal for extra income or an easy ADU conversion. Located just steps from USC, BMO Stadium, and the LA Memorial Coliseum, the building sits on an oversized 8,419 SF C-2 lot in a Tier 3 TOC zone, offering exceptional long-term development potential. With a brand-new 2025 roof, strong in-place income, and no deferred maintenance, this is the ultimate “land bank with cash flow” opportunity—priced to sell and sure to move quickly.
MLS Listing Information
MLS #
CRPW25268986
MLS Source
California Regional MLS
Days on Site
3
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 3 Car(s)
Contact Information
Listing Agent
Matias Stofenmacher
Edgestone Real Estate, Inc.
License #: 01705003
Phone: –
Co-Listing Agent
Sebastian Stofenmacher
License #: 01328684
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4302 S Hoover St is a Residential Income in Los Angeles, CA 90037. This – square foot property sits on a 8,419 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,539,000 and was built in 1925. This address can also be written as 4302 S Hoover St, Los Angeles, CA 90037.
©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 02, 2025. For the most current information, please contact Matias Stofenmacher
