Los Angeles, CA 90044 7427 S Hoover Street
$899,000
11 more
Presented By: Sandra Guevara with Keller Williams Palos Verdes; 310-963-3782
Beds • 4
Baths • 4
SQFT • 2,531
Garage • 4
Year Built • 1940
Home Details
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.
Presented By: Sandra Guevara with Keller Williams Palos Verdes; 310-963-3782
Interior Features for 7427 S Hoover Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesInKitchen
Total Stories1
Other Rooms
Entry Level1
General for 7427 S Hoover Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
ContingencyNone
CountyLos Angeles
DirectionsWest of Figueroa
Electric On Property Y/NNo
Entry Locationsteps
Garage Spaces4.0
Garage Y/NYes
Gross Income51264.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense2000.0
Land Lease Amount0.0
Land Lease Y/NYes
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsSubmit
Lot Size Square Feet5790.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income48264.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense3000.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot38
Tenant PaysElectricity, Gas
Total Actual Rent4272.0
Trash Expense250.0
Water Sewer Expense1560.0
Year Built1940
Year Built SourceAssessor
ZoningLAR4
Exterior for 7427 S Hoover Street
Building Area Total2531.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.1329
Lot Size Area5790.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Alexandra Eston
Sales Associate
