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Investment Highlights
- Three Income Streams — Retail, detached 3-bed/2-bath house, and storage unit
- On-Site Parking (8 Spaces)
- Detached Residential Unit with Independent Access
- Retail Leased Month-to-Month — Ability to reset rents or occupy space near-term
- Corner Mixed-Use Property with Hoover Street Frontage
- LAC2 Zoning Supporting Mixed-Use Flexibility
Executive Summary
6500 S Hoover Street is a corner mixed-use property consisting of retail, a detached 3-bedroom/2-bath house, and a separate storage component, creating three distinct income streams on one site.
The property currently produces approximately $6,300/month in gross income, with the retail tenant operating on a month-to-month basis. This creates a rare combination of existing cash flow and near-term control for a future owner.
The site includes approximately 2,854 SF of building area on a 6,569 SF LAC2-zoned lot with on-site parking and strong visibility along Hoover Street.
The layout allows a buyer to maintain income while repositioning the retail component, occupy the storefront for their own use, or continue operating the property as a stabilized mixed-use investment.
Simple structure. Multiple revenue streams. Clear operational flexibility.
The property currently produces approximately $6,300/month in gross income, with the retail tenant operating on a month-to-month basis. This creates a rare combination of existing cash flow and near-term control for a future owner.
The site includes approximately 2,854 SF of building area on a 6,569 SF LAC2-zoned lot with on-site parking and strong visibility along Hoover Street.
The layout allows a buyer to maintain income while repositioning the retail component, occupy the storefront for their own use, or continue operating the property as a stabilized mixed-use investment.
Simple structure. Multiple revenue streams. Clear operational flexibility.
Property Facts
Sale Type
Owner User
Sale Condition
Build to Suit
Property Type
Building Size
2,854 SF
Year Built/Renovated
1921/2023
Price
$849,000
Price Per SF
$297.48
Tenancy
Multiple
Building Height
1 Story
Zoning
LAC2 - • LAC2 Zoning Supporting Mixed-Use Flexibility
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 30
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6500 S Hoover St
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