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6500 S Hoover

Los Angeles, CA 90044
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Bed 3

Bed

Bath 4

Bath

SqFt6,571

Sqft(Lot)

NOW $730,000. Mixed-use property consisting of a retail storefront, detached 3BR/2BA residence and two storage spaces. Current gross income is $76,800/year, with the retail tenant paying $2,700/month on a month-to-month basis, the residence at $3,100/month and one storage space at $600/month. The second storage space has been fully remodeled and is currently vacant, creating an immediate lease-up opportunity with a target rent of $750/month. Leasing the vacant storage increases gross income to $85,800/year, with full pro forma gross income of $99,600/year. The month-to-month retail tenancy gives a buyer flexibility to retain the existing tenant, re-lease the storefront or pursue owner occupancy. Property includes 11 on-site parking spaces, ±2,854 SF of improvements on a ±6,569 SF lot and L AC2 zoning. $119,000 price reduction from the original asking price. Existing income, immediate lease-up and control of the retail component at a $730,000 entry price.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $730,000

AD Id : 91024470

MLS Id : PW26098653

Beds : 3

Lot Size : 6,571 Sqft

Year Built : 1921

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1921
    Building Area Total: 2854
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6571 Lot Size Acres: 0.1508 Lot Size Source: Assessor Lot Size Square Feet: 6,571 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $730000
    Original Price: $849000
    Conventional

  • Tax Information

    Parcel Number: 6013015009 Tax Lot: 242

  • Location Information

    Direction: Southeast corner of Hoover St and 65th St, between Gage Ave and Florence Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5879 Bonsallo Avenue, Los Angeles, CA, 90044 $700,000 4 3 1,993 5,338 Sqft
666 W 62nd Street, Los Angeles, CA, 90044 $605,000 3 2 1,497 5,402 Sqft
657 W 66th Street, Los Angeles, CA, 90044 $399,900 1 1 560 1,883 Sqft
6113 Menlo, Los Angeles, CA, 90044 $550,000 3 1 1,000 4,560 Sqft
633 W 75th Street, Los Angeles, CA, 90044 $869,000 5 2 1,800 7,008 Sqft
850 W Gage Avenue, Los Angeles, CA, 90044 $1,595,000 12 8 4,813 5,669 Sqft
717 W 73rd, Los Angeles, CA, 90044 $449,000 4 2 1,131 7,250 Sqft
606 W 78th Street, Los Angeles, CA, 90044 $879,000 5 3 1,672 7,152 Sqft
854 W 64th Street, Los Angeles, CA, 90044 $599,999 2 1 975 5,567 Sqft
700 W 77th, Los Angeles, CA, 90044 $875,000 6 4 2,688 7,002 Sqft

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ByOwner last updated this listing 09/10/2026 @ 16:12

MLS: PW26098653 LISTED BY: Alexandro Colombo, Keller Williams Coastal Prop. 562-961-1400 SOURCE: CRMLS

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