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.
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
Est.:
Quadruplex
Built in 1940
-- sqft lot
$896,100 Zestimate®
$355/sqft
$-- HOA
What's special
Corner lotWasher and dryer hookups
- 71 days
- on Zillow |
- 60 |
- 1 |
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#: SB25105283
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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