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For sale
  • Listing Provided by: 

    Sandra Guevara DRE #01305283 310-963-3782,

    Keller Williams Palos Verdes

    $899,000

    7427 S Hoover St, Los Angeles, CA 90044

    --beds
    --baths
    2,531sqft
    : 
    Quadruplex
    Built in 1940
    -- sqft lot
    $896,100 Zestimate®
    $355/sqft
    $-- HOA

    What's special

    Corner lotWasher and dryer hookups
    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.
    71 days
    on Zillow
    |
    60
    |
    1
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    Zillow last checked: 7 hours ago

    Listing updated: May 14, 2025 at 06:39am

    Listing Provided by:

    Sandra Guevara DRE #01305283 310-963-3782,

    Keller Williams Palos Verdes

    Source: CRMLS,MLS#: SB25105283MLS LogoOriginating MLS: California Regional MLS
    Travel times

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    We'll find a local expert to take you on a private tour of 7427 S Hoover St.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Appliances
    • Laundry: In Kitchen
    Features
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,531
    • Total interior livable area: 2,531 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage
    • Garage spaces: 4
    Features
    • Entry location: steps
    • Pool features: None
    Lot
    • Size: 5,790 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: 6020006019
    • On leased land: Yes
    • Lease amount: $0
    • Zoning: LAR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $355/sqft
    • Tax assessed value: $476,017
    • Annual tax amount: $6,252
    • Date on market: 5/13/2025
    • Listing terms: Submit
    • Total actual rent: 4272
    • Tenant pays: Electricity, Gas
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