We are pleased to present 6600 S Hoover Ave, a 10-unit mixed-use property in Los Angeles, offered at a 6.58 GRM and an 9.47% CAP on current rents, assuming market rents for the 4 vacant units. Offered at a low $232/square foot, the property is comprised of three separate buildings… Read More offering of a total of 6,254 rentable square feet. The front building consists of two commercial units and four residential units followed by two duplexes in the rear on W 66th Street. Built in 1924, the property sits on a 5,257 square foot LAC2-zoned corner lot. The unit mix features two (2) ground level commercial units and eight (8) one-bedroom one-bathroom units. One (1) commercial unit and three (3) one-bedroom units will be delivered VACANT. Located on the corner of S Hoover St and W 66th St, this property is located five blocks west of the 110 Freeway as well as a number of bus stops. Nearby community establishments include The Family, Totorame Market Cafe, Paseo San Miguel, The Breakfast Shack, Nicapersian Saffron Food, La Chancla Night Market and more. Property is subject to LA City Rent Control. Contact the listing broker for additional information. Read Less
Property listed by Kidder Mathews of California, Inc., Casey Lins 858-369-3010
Listing Snapshot
Days Online
8
Last Updated
Beds
8
Square Ft.
6,254
Lot Size
0.12 Acres
Year Built
1924
MLS Number
26638779
Additional Details
Building
Built in 1924, Living area: 6254.0, 3 buildings, 2 stories, Levels: Two, Entry level: 1
Community
Gated
Disclosures
RentControl
Income
Gross Income: $220,430, Net Operating Income: $137,263
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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