12
Pending

4504 S HOOVER ST Los Angeles, CA 90037

$1,995,000

10

Bedrooms

9

Total Baths

Full Baths

6,342

Square Feet

0.15

Acres

1908

Year Built

Pending

Status

MLS#

21-799738

Listed By Jordan Peikin
Clement Partners Real Estate

4504 S Hoover Street is a 9-unit property located in the highly desirable Exposition Park neighborhood of Los Angeles. The property consists of three separate buildings creating more privacy for the tenants. There are two fourplexes with eight 1+1's, and one detached private 2+1 single family home with ample parking. Six of the nine units have been tastefully renovated, including stainless steel appliances and remodeled kitchens and bathrooms. Additionally, the property is individually metered for gas and electricity and there is on-site laundry with owned machines for extra income. Just South of USC, 4504 S Hoover Street provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 9-minute drive from trendy Downtown LA and is a 15-minute walk to Exposition Park, Banc of California Stadium, the LA Memorial Coliseum, and the soon to be completed George Lucas Museum. Tenants with young children will enjoy walking them across the street to Marguerite Poindexter LaMotte Elementary and venturing to the nearby Natural History Museum and California Science Center. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.

Details


Interior
Bathrooms Total
9
Bedrooms Total
10
Living Area
6,342 SqFt.

Building And Construction
Number Of Units Total
9
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1908

Exterior And Lot
Lot Size Acres
0.1501
Lot Size Square Feet
6538
Parking Total
3
Zoning
LAC2

Utilities
Cooling
None
Heating
Wall

Area And Schools
City
Los Angeles
County Or Parish
Los Angeles

Additional Info
GrossOperatingIncome
144838
GrossRentMultiplier
13.44
LaundryEquipment
Own
PricePerSqFt
314.57

Listing Office Clement Partners Real Estate, 310-822-7262

MLS# 21-799738

Updated 10:20AM - 1/17/2022

Listing Agent Jordan Peikin, 310-467-5167

The multiple listings information is provided by The MLS?/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022 The MLS?/CLAW. All Rights Reserved. The information provided is for consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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