2313-2319 S Hoover St - Storefront FOR SALE


Los Angeles, CA 90007- West Adams
$2,600,000 USD
213-747-4151
2313-2319 S Hoover St, Los Angeles, CA for Sale
$2,600,000 USD
Storefront - FOR SALE
1/9
null | Request Cap Rate

NEW


2313-2319 S Hoover St
Los Angeles, CA 90007
West Adams


HIGHLIGHTS

  • Retail Strip Center With 6 Units
  • Heavy Traffic Signalized Corner Location
  • 1-Mile North of USC Campus
  • Current Actual $148,800 Gross Annual Income With 2 Vacancies
  • Ideal for Owner/User or Redevelopment

OVERVIEW

Excellent opportunity to acquire an approximately 6,933-square-foot retail storefront property comprising six units at the signalized northwest corner of Hoover Street and 24th Street. Offering strong potential for an owner-user or redevelopment project, the property currently generates approximately $148,800 in actual gross annual income with two units vacant, providing immediate upside potential. The site benefits from heavy traffic, exceptional visibility, prominent signage opportunities along two street frontages, shared on-site parking, and abundant street parking. Ideally located just three blocks south of the Santa Monica Freeway, seven blocks west of the Harbor Freeway, and approximately one mile north of the USC campus, this well-positioned property offers outstanding access and exposure in a central Los Angeles location.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$375 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner-User or Redevelopment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,660 SF

ZONING

C2-1VL-HPOZ-CPIO

APN/PARCEL ID

5055-020-001

ASK ABOUT THIS PROPERTY

Daniel MoussazadehMajor PropertiesMore Info
213-747-4151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Daniel MoussazadehMajor PropertiesMore Info
213-747-4151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.