Property Detail

4060 Hoover

Los Angeles CA 90037

$8,250,000

Status: Active

Property Details

Description

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 units 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.

Map Location

Listing provided courtesy of Nabil Awada of Matthews Real Estate Investment Services. Last updated 2026-10-18 08:10:57.000000. Listing information © 2025 CRMLS.

Ever Eternity

Ever Eternity

CA DRE# 01794748

1111 Prospect St, Suite 100 La Jolla,
​​​​​​​CA 92037

858.688.4113

Contact Me
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Welcome

Meet Ever

Ever Eternity is Your Local Real
Estate Professional

Whether it's your first townhouse, vacation property or coastal dream home, I will work to find the property that's best for you. I am able to anticipate and fulfill each of my clients needs, in order to find the perfect home for them and their family. I am here to work with you, to find the best fit for you, and am excited for the opportunity.

People choose to work with me for my full service expertise, experience and ethics. My base of loyal customers is the reason I am successful in this competitive sales market.

​My attention to detail allows me to find dream homes for buyers, and build thorough home marketing plans for my sellers. I have great pride in my negotiation skills and believe in transparency and full disclosure throughout each deal. I value open communication with my clients and welcome questions from start to close.

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"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"Ever was simply excellent. He is thorough, approachable and very knowledgable of the house buying process. We appreciated his manner and help throughout our purchase process - he never made us feel pressured to select a house and helped us find a perfect match. He was especially helpful when we needed to juggle urgent travel during the Escrow process, helping us set up power of attorney. We would recommend Ever to any type of buyer and will certainly use him for any future real estate needs that we have."

"I worked with Ever through the process of an Estate Sale and sale of a condominium. Throughout the experience he and his team were extremely helpful. I had never been involved with an estate sale previously and was working with the additional factor of not being local. After an initial meeting I was able to deal with he and his team remotely which simplified the entire process and experience. Any questions or issues I had were very quickly addressed and resolved. My entire experience was very positive. Thank You!"

"My Mom passed away 1/31/21 needless to say it was a very difficult time for me. I needed help selling my mothers home. I reached out to Ever and he stepped up big! From the beginning he was a true professional great communication skills, great attitude, always made time for me and answered any questions I had. He showed compassion for my situation and went above and beyond to make things as easy as possible for me. Go with Ever you won’t regret it!"

"Ever has been my agent through two purchases and one sale. He has a keen sence of the market and knows how best to price and time sales and purchases. He makes sure to get the job done and places the most importance on making his satisfying his clients wishes to the best of his ability. He works well with escrow, property managers, and whomever he needs to speak with."

"Working with Ever was a joy. We had a number of unexpected challenges during the process of selling our house and Ever was consistently there to help, guide, and support us. He was always available for consultation and never lost sight of the immediate issues nor the long term goals. Ever was an exemplary professional in every way and I would highly recommend him."

"Working with Ever was a great experience. Selling our Mom's house was emotionally difficult for us. Ever guided us thru the process and made it smooth and easy as possible for us. He responded to all of our questions with professionalism and knowledge. He kept us informed of every action during the sale. We trusted his advice and insights and he delivered on everything he said. The sale was quick and smooth and we couldn't be happier. We highly recommend Ever. He definitely knows his business."

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