$ 595,000
-
$595,000
Price -
2
Bed -
2
Bath -
1,200
SqFt
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About the Listing X82410 - C128038,MRM-SBCOOKVIN
We are pleased to present a 2-unit mixed-use property located on 6804 S Hoover St in Los Angeles. Situated on S Hoover St, the property offers great foot traffic and store frontage visibility and is also located five blocks west of the 110 Freeway. Strategically positioned in one of the densest rental markets in Los Angeles, the property caters to hundreds of thousands of tenants and potential customers in the neighborhood and is easily accessible to a number of metro bus stops. The property consists of two separate structures, with the front commercial building consisting of 528 SF with a 672 SF two-bedroom one-bathroom house in the rear, built in 1929 and 1927 respectively, situated on a 5,171 SF LAC2 zoned lot. With the front commercial unit VACANT, the property provides a unique opportunity for multiple strategies. Firstly, an owner-user could operate out of the commercial unit and live in the residential unit. Secondly, an owner-user could operate out of the commercial unit and rent out the residential unit. Thirdly, the next owner could also renovate and re-rent the commercial and residential unit and operate at a 6.40% cap rate. Contact the listing broker for additional information.
Listing Highlights
Status
Active
Days on Site
33
Property Type
Multi-Family
MLS ®
26652945
Year Built
1927
Total Square Footage
1,200
Lot/Acreage
0.12
County
Los Angeles
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Single Lot
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LAC2
- Roof:
- Others:
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
6804 S Hoover St Los Angeles, CA 90044
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