4504 S Hoover Street is a 9-unit property located in the highly desirable Exposition Park neighborhood of Los Angeles. The property consists of three separate buildings creating more privacy for the tenants. There are two fourplexes with eight 1+1's, and one detached private 2+1 single family home with ample parking. Six of the nine units have been tastefully renovated, including stainless steel appliances and remodeled kitchens and bathrooms. Additionally, the property is individually metered for gas and electricity and there is on-site laundry with owned machines for extra income. Just South of USC, 4504 S Hoover Street provides residents with many of the great things LA has to offer right outside their front door. The property is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 9-minute drive from trendy Downtown LA and is a 15-minute walk to Exposition Park, Banc of California Stadium, the LA Memorial Coliseum, and the soon to be completed George Lucas Museum. Tenants with young children will enjoy walking them across the street to Marguerite Poindexter LaMotte Elementary and venturing to the nearby Natural History Museum and California Science Center. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow with additional future upside.
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