6500 S Hoover, Los Angeles, CA 90044
6500 S Hoover, Los Angeles, CA 90044
6500 S Hoover, Los Angeles, CA 90044
6500 S Hoover, Los Angeles, CA 90044
6500 S Hoover, Los Angeles, CA 90044
6500 S Hoover, Los Angeles, CA 90044
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 785,000
Est. payment | /mo

6,568 Sqft Lot

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$ 785,000
Est. payment | /mo
Save Virtual Tour

6,568 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26098653

HOA Y/N No

Year Built 1921

Lot Size 6,568 Sqft

Property Sub-Type Mixed Use

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-up potential creates multiple execution paths without relying on speculative redevelopment or extensive renovation.

Location

State CA

County Los Angeles

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Street Lights, Urban

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6013015009

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=A3zQbr-905Y

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Alexandro Colombo Keller Williams Coastal Prop. 310-978-7950, DRE #01927702

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.