FSBO
FSBO - For Sale
$959,000
For Sale by Owner
$377/sq ft Listed 2 months ago
8BR Multi-Family for Sale in Los Angeles, CA
Hooper Ave, Los Angeles, CA 90001
8 Beds
4 Bath
2,544 sq ft
Built 1959
PropSlick Verified Data
Key facts & insights for this exact address
$377
Price / sq ft
1959
Year Built
$7,310
Property Tax / yr
5,863 sf
Lot Size
Los Angeles
County
Key Facts
Property TypeMulti-Family
Year Built1959
Square Footage2,544 sq ft
Lot Size5,863 sq ft
Annual Property Tax$7,310
Price / SqFt$377
Property Description
Exceptional Value-Add Fourplex in the Heart of South Los Angeles!Pride of ownership shines throughout this well-maintained four-unit investment property, offered for sale for the first time in many years by the same family. Featuring four spacious 2-bedroom, 1-bath units, this fully occupied asset offers immediate, reliable cash flow with long-term tenants who have an excellent history of on-time rent payments.The property offers outstanding curb appeal with a freshly painted exterior, secure gated entry, covered parking, and attractive drought-tolerant landscaping, all situated directly across from a neighborhood park that enhances the tenant experience.Two units have been tastefully maintained, while two offer an excellent opportunity for cosmetic improvements, allowing the next owner to increase value and maximize future rental income. Separate gas and electric meters minimize operating expenses, with the seller currently responsible for only water and trash.Located on an LCR3YY-zoned lot, this property presents exciting long-term upside, including the potential to add an Accessory Dwelling Unit (ADU) or further enhance the site (buyer to independently verify all development possibilities with the City of Los Angeles).Conveniently located near schools, shopping, public transportation, major freeways, and Downtown Los Angeles, this is an outstanding opportunity for investors seeking stable income today with significant future appreciation and value-add potential.Property Highlights:* Four spacious 2-bedroom, 1-bath units* Fully occupied with long-term, reliable tenants* Strong history of on-time rent payments* Freshly painted exterior with excellent curb appeal* Secure gated entry and covered parking* Separate gas and electric meters* Seller pays only water * Directly across from a neighborhood park* LCR3YY zoning with potential ADU/development opportunities (buyer to verify)Please do not disturb tenants. Drive-by only. Interior inspection subject to an accepted offer. Buyer to independently verify all information, including square footage, zoning, permits, rent control status, development potential, and all aspects of the property.
Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.
Amenities and Features
Heating
Property Location
Map shows approximate location. Exact address provided to serious inquirers upon contact.
Property Research
View Full Property History on MarketTimeline
Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
PropSlick is committed to the Fair Housing Act. We do not permit discrimination based on race, color, religion, sex, national origin, disability, or familial status. Report a violation.
Similar Properties
FSBO
FSBO
FSBO
VR
Typically responds within 24 hours
Call the seller
323-804-XXXX
or send a message
Your details stay private — we never sell your information.
Get Pre-Approved
Compare mortgage rates from top lenders in minutes.
Check Rates
PropSlick may earn a commission from these links.
Compare Home Insurance
Find the right coverage for your new home.
Compare Quotes
PropSlick may earn a commission from these links.
Need Help Moving?
Get free quotes from licensed movers in your area.
Get Free Quotes
PropSlick may earn a commission from these links.