6500 S Hoover St - Retail FOR SALE


Los Angeles, CA 90044- South Central LA
$849,000 USD
310-978-7950
6500 S Hoover St, Los Angeles, CA for Sale
$849,000 USD
Retail - FOR SALE
1/29
null | Request Cap Rate

6500 S Hoover St
Los Angeles, CA 90044
South Central LA


HIGHLIGHTS

  • Three Income Streams — Retail, detached 3-bed/2-bath house, and storage unit
  • Retail Leased Month-to-Month — Ability to reset rents or occupy space near-term
  • On-Site Parking (8 Spaces)
  • Corner Mixed-Use Property with Hoover Street Frontage
  • Detached Residential Unit with Independent Access
  • LAC2 Zoning Supporting Mixed-Use Flexibility

OVERVIEW

6500 S Hoover Street is a corner mixed-use property consisting of retail, a detached 3-bedroom/2-bath house, and a separate storage component, creating three distinct income streams on one site. The property currently produces approximately $6,300/month in gross income, with the retail tenant operating on a month-to-month basis. This creates a rare combination of existing cash flow and near-term control for a future owner. The site includes approximately 2,854 SF of building area on a 6,569 SF LAC2-zoned lot with on-site parking and strong visibility along Hoover Street. The layout allows a buyer to maintain income while repositioning the retail component, occupy the storefront for their own use, or continue operating the property as a stabilized mixed-use investment. Simple structure. Multiple revenue streams. Clear operational flexibility.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAC2

APN/PARCEL ID

6013-015-009

ASK ABOUT THIS PROPERTY

Alexandro ColomboCOLOMBO | KW CommercialMore Info
310-978-7950

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Alexandro ColomboCOLOMBO | KW CommercialMore Info
310-978-7950

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