$10,000 Closing Credit¹
#PW25074709, Steven Richardson, Listing office: Y Realty
#SB25105283·
Listing office: Keller Williams Palos Verdes·
Listing agent: Sandra Guevara·
Listing office phone: 310-963-3782
$899,000 List price
7427 S Hoover St Los Angeles, CA 90044
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 7427 S Hoover St
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.
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
Lot size0.1329 Acres
Year built1940
MLS #SB25105283
Garage4 spaces
Summary
- Flooring Type: Carpet, Laminate
- Fireplace: None
- Garage Space: 4 spaces
- Private Pool: No
- Heating: Wall Furnace
- List Price: $899,000
- HOA Amount: $0
- Annual Tax Amount: $6,251
- Tax Year: 2024
- Lot: Corner Lot
- Directions: West of Figueroa
- Year Built: 1940
- Stories: 1
- Lot Size: 0.1329 Acres
- MLS Number: SB25105283
- MLS Name: CRMLS
- Office Name: Keller Williams Palos Verdes
- Office Phone: (310) 963-3782
- Listing Agent: Sandra Guevara
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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/4/2025, 4:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$899,000
7427 S Hoover St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 16, 2014 | Home Sold | $404,000 |
| Jan 18, 2006 | Home Sold | $437,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $476,017 | $6,251 |
| 2023 | $466,685 | $6,141 |
| 2022 | $457,535 | $5,875 |
| 2021 | $448,565 | $5,792 |
| 2020 | $443,966 | $5,628 |
| 2019 | $435,262 | $5,521 |
| 2018 | $426,729 | $5,409 |
| 2017 | $418,363 | $5,409 |
History based on county public records data.
Nearby schools
4
Loren Miller Elementary School
Public District KG-6
0.2 mi
•830 W 77th St
3
Gerald A. Lawson Academy
Public District KG-6
0.4 mi
•929 W 69th St
6
Gil Garcetti Learning Academy
Public District KG-6
0.5 mi
•612 W 68th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,543. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
35%
<35k
55%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
34%
Single, No Kids
30%
Single, with Kids
9%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
10%
12-17 yrs old
28%
18-34 yrs old
35%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7427 S Hoover St
The listing price of 7427 S Hoover St property is $899,000.
The property 7427 S Hoover St is a multi located in Los Angeles, California, 90044.
Active Listing: 7427 S Hoover St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7427 S Hoover St are: Loren Miller Elementary School (GreatSchools Rating 4/10), Gerald A. Lawson Academy (GreatSchools Rating 3/10), Gil Garcetti Learning Academy (GreatSchools Rating 6/10), Kipp Academy of Opportunity (GreatSchools Rating 3/10), Bethune Middle School (GreatSchools Rating 4/10), Vox Collegiate of los Angeles (GreatSchools Rating 7/10), Youth Opportunities Unlimited (GreatSchools Rating 2/10), Alliance Piera Barbaglia Shaheen Health Services Academy (GreatSchools Rating 5/10), Augustus F. Hawkins High School - Critical Design and Gaming (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $6,251 (source: MLS/based on county public records data).
The last sale was on December 16, 2014 for $404,000 (source: MLS/tax record).
The year of construction for 7427 S Hoover St is 1940.
This home is located at 7427 S Hoover St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $899,000.
While more than 325 listings in Los Angeles, CA in May 2025 were sold above asking price, there were more than 134 listings sold at asking price, and more than 319 were sold below. Between April and May 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 8.7%. In May 2025 median list price was $871,794 and the average listing age was 34 days.
From Rocket Homes Real Estate and based on county public records data.