7427 S Hoover ST new

Los Angeles,CA 90044

$ 899000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25105283

Year Built 1940

Lot Size 5,789 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Zoning LAR4

Interior

Heating Wall Furnace

Flooring Carpet,Laminate

Fireplaces Type None

Laundry In Kitchen

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Roof Type Shingle

Building

Lot Description Corner Lot

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

View More
Favorite Go Tour