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  • 4504 S Hoover Street

4504 S Hoover Street, Los Angeles, CA 90037

$2,099,999 Approx. USD 10 beds, 9 baths
6,342 sqft

Reduced by $200,001 on 10/5/2026
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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Listing Agent


Eric Hecht | eric@hmmycorp.com
Lic#: 01838199
Broker: Courtesy of Eric Hecht
Phone: 3104973835

Agent Remarks

Rare 9-unit value-add opportunity on the southeast corner of Hoover and W 45th, minutes from USC, Exposition Park, and the 110. Three buildings on one corner lot: two 2-story Spanish-style fourplexes plus a detached rear home, in all 8 one-bedroom units and 1 two-bedroom, 100% occupied. Approximately $107,300 in documented capital improvements since 2022, including new cool roofs on both fourplex buildings (2026), two full unit renovations, upgraded kitchens and baths, flooring, paint, water heaters, and electrical and plumbing repairs throughout. Four units are Section 8 with reliable HACLA-paid rents. Significant rental upside: most one-bedrooms rent well below the current HACLA payment standard of $1,793. Strong current cash flow with a clear path to a 6%+ cap rate at market rents. Additional income potential from an on-site laundry room with owner-owned machines. Units separately metered for gas and electricity. A clean, well-documented asset with detailed financials and improvement history available. Seller will cooperate with buyer's 1031 exchange.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26986497
List price is $2,099,999 Reduced by $200,001 on 10/5/2026
Price: $2,099,999
Beds: 10
Baths: 9
None fireplaces
Built in 1908
6,342 sqft
2 stories
0.15 acres
Lot size: 0.1501
County: Los Angeles
Property style: Spanish
Zoning: LAC2
Construction: Stucco
Interior features: Ceiling Fan(s)
Appliances: Gas Range,Refrigerator,Vented Exhaust Fan
Parking description: Driveway,On Street
MLS area: C42 - Downtown L.A.

Last Updated: 10/5/2026

 Days On Market (DOM): 24

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This listing belongs to the C42 - Downtown L.A. MLS area

The style of this listing is Spanish.
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Lat/Long: 34.002440, -118.286917.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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