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7427 S Hoover StreetLos Angeles, CA 90044

For Sale

$859,000

Smart Buyer Rebate $8,590

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

·

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.

Full MLS Disclaimers

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.