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.
Listed by Sandra Guevara
·
License #01305283
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Keller Williams Palos Verdes
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310-963-3782
Last updated August 19, 2025
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Source: CRMLS #SB25105283
Listing Facts
TypeMulti-family
NeighborhoodVermont Knolls
Days on Prevu190
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$859,000
10/21/2025
Status changed to Removed from Feed
$859,000
10/20/2025
Status changed to Active
$859,000
10/19/2025
Status changed to Removed from Feed
$859,000
10/17/2025
Status changed to Active
$859,000
10/16/2025
Status changed to Removed from Feed
$859,000
10/04/2025
Status changed to Active
$859,000
10/03/2025
Status changed to Removed from Feed
$859,000
09/20/2025
Status changed to Active
$859,000
09/19/2025
Status changed to Removed from Feed
$859,000
09/18/2025
Status changed to Active
$859,000
09/16/2025
Status changed to Removed from Feed
$859,000
09/12/2025
Status changed to Active
$859,000
09/05/2025
Status changed to Removed from Feed
$859,000
09/05/2025
Status changed to Active
$859,000
09/03/2025
Status changed to Removed from Feed
$859,000
08/19/2025
Price Decreased
$859,000
07/24/2025
Status changed to Active
$899,000
07/23/2025
Status changed to Removed from Feed
$899,000
06/28/2025
Status changed to Active
$899,000
06/27/2025
Status changed to Removed from Feed
$899,000
05/13/2025
Listed by Keller Williams Palos Verdes
$899,000
Property Details for 7427 S Hoover Street
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 4
Roof: Shingle
Stories Total: 1
Year Built: 1940
Common Walls: No Common Walls
Entry Level: 1
Entry Location: steps
Measurements
Building Area Total: 2,531
Building Area Units: Square Feet
Lot Features: Corner Lot
Lot Size Acres: 0.13
Lot Size Area: 5,790
Lot Size Source: Assessor
Lot Size Square Feet: 5,790
Lot Size Units: Square Feet
Financial
Other
Land Lease: Yes
Residential Income
Gross Income: $51,264.00
Operating Expense: $3,000.00
Taxes
Parcel Number: 6020006019
Interior
Features
Flooring: Carpet, Laminate
Other
Location
Tax Block: 3
Tax Lot: 38
Parking
Parking
Garage Spaces: 4
Garage: Yes
Parking Total: 4
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: In Kitchen
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.