Active

4060 S Hoover Street

Los Angeles, CA 90037
Mark as Favorite
Bed 60

Bed

Bath 36

Bath

SqFt25,824

Sqft

SqFt31,561

Sqft(Lot)

4040-4060 S Hoover Street is a substantially renovated 24-unit apartment community in University Park, less than a mile from USC and Exposition Park. The offering consists of three separate parcels sold together as a single package: two 12-unit multifamily parcels (4040 and 4060 S Hoover) and a dedicated parking lot parcel. Two buildings total 25,824 SF on a 31,561 SF lot. Built in 1987 and not subject to LA RSO.Ownership has completed a comprehensive renovation and capital improvement program. Nineteen of 24 units are fully renovated with quartz kitchen countertops, full stainless steel appliance packages, in-unit stackable washer/dryer, hardwood laminate flooring, designer-tiled bathrooms, private balconies, central A/C and heat, and custom paint with faux wood blinds. Five unrenovated u nits offer additional upside at turnover, and rents on select units remain below market.Major capital improvements include replacement of all windows with dual-glazed, NFRC-certified, Title 24-compliant units, all-new plumbing, and new roofing, with the roof and window work permitted through LADBS. Additional upgrades include a full security camera system, new exterior lighting, hardscaped courtyards, refreshed landscaping, revamped building exteriors, and repaved parking. Both buildings feature secured gated entry and assigned tandem parking. Two former storage areas, one at each building, were converted into modern on-site fitness rooms, an amenity rarely found in comparable vintage product. A RUBS program is in place for water, trash, and sewer.Walk to BMO Stadium, the LA Memorial Coliseum, and the Lucas Museum of Narrative Art, with quick access to the I-110, I-10, and the Metro E Line at Expo Park/USC. Positioned in one of Southern California's most supply-constrained rental markets, the property offers stable, largely renovated income today with meaningful upside as the Exposition Park district continues to transform ahead of the 2028 Olympic Games.

Read More Expand
Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $8,250,000

AD Id : 91344759

MLS Id : 26990435

Beds : 60

Lot Size : 31,561 Sq. Ft

Living Area Size : 25,824 Sq. Ft

Year Built : 1987

County : Los Angeles

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 60

    Bathroom Information

    Total Baths: 36

  • Building Information

    Year Built: 1987
    Building Area Total: 25824
    Private Pool: No

  • Lot Information

    Main Square Feet: 31561 Lot Size Acres: 0.7245 Lot Size Source: Assessor Lot Size Square Feet: 31,561

  • Listing Price Information

    Listing Price: $8250000

  • Tax Information

    Parcel Number: 5019024001

  • Location Information

    Direction: Hoover Street between 41st & 40th Place - West of Figueroa Street. Security Features: GatedCommunity,KeyCardEntry
Sell a home like this and save $494,501 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
158 W Martin Luther Kin.., Los Angeles, CA, 90037 $998,000 11 5 -- 6,001 Sq. Ft
160 W 48th, Los Angeles, CA, 90037 $689,900 3 3 1,152 4,752 Sq. Ft
208 W 49th Street, Los Angeles, CA, 90037 $849,000 7 4 2,198 5,446 Sq. Ft
336 W 45th Street, Los Angeles, CA, 90037 $649,900 5 3 1,728 5,408 Sq. Ft
4207 S Flower Street, Los Angeles, CA, 90037 $999,900 4 4 3,672 6,006 Sq. Ft
4260 S Figueroa Street, Los Angeles, CA, 90037 $1,100,000 4 4 4,516 7,510 Sq. Ft
602 W 40th Place, Los Angeles, CA, 90037 $1,600,000 10 5 3,692 6,752 Sq. Ft
550 W 41st Drive, Los Angeles, CA, 90037 $950,000 6 5 3,120 6,765 Sq. Ft
536 W 42nd Street, Los Angeles, CA, 90037 $1,049,900 6 2 1,983 4,327 Sq. Ft
434 W 48th Street, Los Angeles, CA, 90037 $675,000 3 2 1,218 6,081 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/19/2026 @ 02:12

MLS: 26990435 LISTED BY: Nabil Awada, Matthews Real Estate Investment Services 866-889-0550 SOURCE: CRMLS

Homes around $8,250,000

Selling? Save $494,501 when you sell a home like this

Tour with a ByOwner Agent