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800 S Hoover Street - Vacant Land, Los Angeles, CA

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800 S Hoover Street - Vacant Land

Los Angeles, CA 90005-1201 - Mid-Wilshire Submarket

Property Type:Land Parcel Size:.26 Acres
For Sale Price:$1,600,000 Price/Acre:$6,118,547 Price/SF:$140.47

Proposed Use:-

On-Site Improv:Finished lot

Sale Notes:
We are pleased to announce an incredible opportunity to purchase +11,000 square foot commercially zoned lot in the Westlake neighborhood.
The property sits on the Southeast signalized corner of Hoover and 8th Street and features ingress and egress from both streets, irreplaceable pole sign, month to month tenancy and approx. 140' of frontage on Hoover.
Building Size: Approximately 1,170 SF. (per public records)
Lot Size: Approximately 11,390 SF. (per public records)
Property was a former gas station. UST' s were removed in mid 1990' s however no sub-soil investigation work was ever conducted. A Phase 1 from May 2015 to be provided to buyer upon submission of acceptable offer. Buyer to be responsible for its own phase 2 investigation and any potential remediation. Property is being sold As-Is, which is reflected in the asking price.

The property is near MacArthur Park and conveniently located between the Wilshire/Vermont & Westlake/MacArthur Park Metro stations.

Coldwell Banker Commercial NRT
George Gross
(310) 586-0344

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