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6500 Hoover, Los Angeles, CA 90044

Los Angeles
Local realty services provided by:CENTURY 21 Masters
6500 Hoover,Los Angeles, CA 90044
$730,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alexandro colombo
Office: keller williams coastal prop.
MLS#:PW26098653
Source:MLSListings

Price summary

  • Price:$730,000

About this home

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 LAC2 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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Home facts

  • Year built:1921
  • Listing ID #:PW26098653
  • Added:126 day(s) ago
  • Updated:September 13, 2026 at 04:19 PM

Structure and exterior

  • Year built:1921
  • Lot area:0.15 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$730,000
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