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4418 S Hoover St, Los Angeles, CA 90037
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4418 S Hoover St Los Angeles, CA 90037

$2,100,000
  • 11 Beds
  • 10 Baths
  • 8,730 Sq.Ft.
For Sale
$2,100,000 Get Pre-Qualified
Map preview of 4418 S Hoover St, Los Angeles, CA 90037

Property Overview: 4418 S Hoover St Los Angeles, CA has 11 bedrooms, 10 bathrooms, 8,730 living square feet and 6,548 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Incredible investment opportunity in the heart of Los Angeles! This property boasts 10 units, including 6 residential apartments and 4 commercial stores, offering a versatile and lucrative investment potential. Located just moments away from Downtown LA, USC, the Banc of California Stadium, and the bustling Crypto center, this property is strategically positioned to attract both residential and commercial tenants. Residents will enjoy convenient access to shopping, dining, and vibrant nightlife, making it an ideal choice for those seeking a dynamic urban lifestyle. With its prime location and diverse income streams, this property represents a rare find in LA's competitive real estate market. Don't miss out on this chance to own a piece of LA's vibrant urban landscape!

Listed by Shiva Mehrdad | BRE #01279649 | Power Brokers
Last checked: 9 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 18
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Home details

Lot Sq. Ft
6,548
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24380985
City
Los Angeles
County
Los Angeles
Time on Site
19 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,505
  • Total Rent: $1,505
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $993
  • Total Rent: $993
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,376
  • Total Rent: $1,376
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,664
  • Total Rent: $1,376
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $983
  • Total Rent: $983
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.92
  • Gross Scheduled Income: --
  • Net Operating Income: $100,635
  • Gross Operating Income: $167,725
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4418 S Hoover St

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Property Details for 4418 S Hoover St

Interior Features
Cooling Information
  • No Cooling
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split, Two
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 10
  • Parcel Number: 5018032007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: BETWEEN S. HOOVER ST AND W 45TH ST
View more facts & features

Local Los Angeles Agent

Sale History for 4418 S Hoover St

Last sold for $760,000 on February 3rd, 2009

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: 24380985

    $2,100,000

    Price

  • February, 2009

  • Feb 3, 2009

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

Show More

Tax History for 4418 S Hoover St

Assessed Value (2020): $894,889
Year Land Value Improved Value Assessed Value
2020 $588,745 $306,144 $894,889

Home Value Compared to the Market

This property vs the competition

4418 S Hoover St is listed 70.04% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $240.55 per/sqft which puts the price per square foot 68.92% lower than the median price per square foot for the city of Los Angeles.

About 4418 S Hoover St

Detailed summary of property

4418 S Hoover St is a multi family located in Los Angeles, CA 90037 and is currently for sale. This multi family property offers 11 bedrooms, 10 bathrooms, roughly 8,730 living square feet, and sits on an approximately 6,548 square foot lot. 4418 S Hoover St was first listed on ArdentRealEstateGroup.com on April 18, 2024. The homeowner is currently asking $2,100,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 70.04% higher than the median priced home. Local competing homes currently for sale include 3105 S Walton Ave, 932 W 66th St and 2927 S Catalina St. While the average home in Los Angeles, CA is selling in 94 days, 4418 S Hoover St has a days on market of 18 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 4418 S Hoover St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4418 S Hoover St

Public county record property details
Beds
4
Baths
4
Year built
1915
Sq. Ft.
8,730
Lot Size
6,545
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5018-032-007

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$725,000
Median List Price/Sq.Ft.
$560
Median Sold Price
$667,000
Median Sold Price/Sq.Ft.
$444
Total Inventory
31
Median Sale to List Price %
106.72%
Avg Days on Market
21
Loan Type
Conventional (0%), FHA (50%), VA (0%), Cash (33.33%), Other (0%)

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Recently Sold Homes Near 4418 S Hoover St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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