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Listed by Alexandro Colombo, DRE #01927702 • Keller Williams Coastal Prop.
$ 785,000
Est. payment /mo
Price Dropped by $64K
6500 S Hoover Los Angeles, CA 90044
6,571 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26098653
Year Built 1921
Lot Size 6,571 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
6500 S Hoover Street offers a rare opportunity for a neighborhood market operator to acquire a retail location while offsetting a significant portion of the ownership cost with existing residential and storage income. The month-to-month retail tenancy provides flexibility to occupy the storefront shortly after closing or continue collecting income while planning a transition. The property consists of a retail storefront, a detached 3-bedroom, 2-bath residence, and two storage areas situated on a 6,569-square-foot LAC2-zoned corner parcel. The property is legally recognized as a three-unit asset and is improved with two separate buildings, allowing the residential component to operate independently from the commercial space. The property currently generates income from the retail space, residence, and one storage area, while a second, fully remodeled storage space remains vacant, providing an immediate lease-up opportunity. During marketing preparation, this additional storage area was identified as a separately utilized rental space. While not separately identified as a legal unit, it has historically functioned as an independent storage rental. Whether acquired by an owner-user or an investor, the combination of immediate cash flow, retail control, and additional lease-
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 6013015009
Special Listing Condition Not Applicable
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