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5316 S Hoover Street

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5316 S Hoover Street | Los Angeles, CA

$779,900

4,080 SQ.FT.

GREAT LOCATION!!! Located just a few miles from the Coliseum and growing Downtown area of Los Angeles. This property is a MIXED USE RESIDENTIAL & COMMERCIAL PROPERTY. Formerly used as a laundromat. ANNUAL INCOME $55,200. 4 residential unit with a commercial unit store front. There are so many uses for this Property. LAC2 TOTAL OF 5 UNITS! All the units are currently RENTED with a annual income of $ The bottom unit is a store front/business/church/retail etc commercial but currently used as a unit. Possible development to more units(verify with city). Seller may be interested in doing a joint venture of development. Hurry now before this property is GONE. This area is growing fast and the properties are getting snatched up quickly for re development. Perfect opportunity for investor, long time investment or business.
Listing Provided by Tonja Bambrook, Keller Williams Realty

Based on information from California Regional Multiple Listing Service, Inc. as of December 12, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.