Hooper Ave, Los Angeles, CA 90001
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Hooper Ave, Los Angeles, CA 90001
Hooper Ave, Los Angeles, CA 90001
Hooper Ave, Los Angeles, CA 90001
Hooper Ave, Los Angeles, CA 90001
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Gabriel Carrasco

Gabriel Carrasco

+1(424) 422-6029
$ 959,000
Est. payment /mo
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Hooper Ave Los Angeles, CA 90001

8 Beds

4 Baths

2,544 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,544 sqft

Price per Sqft $376

MLS Listing ID 26853219

Style Traditional

Bedrooms 8

Construction Status Repair Cosmetic

Year Built 1959

Lot Size 5,864 Sqft

Acres 0.1346

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LCR3YY

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment None

Laundry None

Exterior

Parking Features Carport

Garage Spaces 8.0

Pool None

Amenities Available None

Roof Type Shingle

Building

Lot Description Lot-Level/Flat, Lot Shape-Rectangular

Foundation Slab

Sewer Paid

Water District

Architectural Style Traditional

Level or Stories Two

Structure Type Stucco

Construction Status Repair Cosmetic

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by EstateX inc.
Gabriel Carrasco

Gabriel Carrasco

Agent | License ID: DRE# 02229520

+1(424) 422-6029

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Hooper Ave