7427 S Hoover Street
Los Angeles, CA 90044
- 4 beds
- – baths
- 2,531 sqft
- 5,790 sqft lot
- $355 per sqft
- 1940 build
- – on site
Fully Occupied 4-Unit Investment Property on a Corner Lot! Exceptional opportunity to own a fully occupied, income-producing 4-unit property in a rapidly transforming area of Los Angeles! Each unit features 1 bedroom and 1 bathroom, along with its own dedicated 1-car garage and washer and dryer hookups in each unit—a rare and desirable amenity for tenants. The landlord currently covers water. With the potential to generate high rental income based on current payment standards, this property offers a standout return in today's market. Perfect for investors seeking steady, passive income and consistent cash flow. Located in a booming development LA area, just minutes from major attractions including LA Live, SoFi Stadium, the new Intuit Dome, The Kia Forum, BMO Stadium, USC, and Downtown Los Angeles, this property sits in the heart of growth and opportunity. Whether you're expanding your portfolio or entering the market for the first time, this is an investment you won't want to miss.
Last checked:
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Last updated May 14, 2025
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MLS# CRSB25105283 —
The Building
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Year Built:1940
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Building Area Units:Square Feet
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Building Area Total:2531
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:2531
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Living Area Units:Square Feet
Location
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Directions:West of Figueroa
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:6020006019
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Zoning:LAR4
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Lot Features:Corner Lot
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Lot Size Area:0.13
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Lot Size Acres:0.13
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Lot Size SqFt:5790
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (310) 963-3782
Taxes
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Tax Tract:2377.10
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Submit
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
Appliances
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Laundry Features:In Kitchen
The Community
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Association:false
Parking
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Parking Total:4
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/14/25
May 14, 2025
|
Listed / Active | BRIDGE | $899,000 | 122.5% (11.8% / YR) |
5/13/25
May 13, 2025
|
Listed / Active | CRMLS_CA | ||
12/19/14
Dec 19, 2014
|
CRMLS_CA | $404,000 |