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$899,000
Listing Price4beds
4baths
2,531sqft
5,790sqft lot
7427 S Hoover St, Los Angeles, CA 90044
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
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 unita 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.
Interior Details
2531
4
4
Has Heating:
No
Heating Type:
N/A
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5790
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Quadraplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$5,628
$306,601
$137,365
--%
$443,966
2019
$5,628
$300,590
$134,672
--%
$435,262
2018
$5,521
$294,697
$132,032
--%
$426,729
2017
$5,409
$288,919
$129,444
--%
$418,363
2016
$5,268
$283,254
$126,906
--%
$410,160
2014
$5,225
$278,600
$116,400
--%
$395,000
2013
$4,079
$211,600
$88,400
--%
$300,000
2012
$4,162
$211,600
$88,400
--%
$300,000
Average Home Price in 90044
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles





