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6629 S Hoover Street

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6629 S Hoover Street | Los Angeles, CA

$400,000

1,600 SQ.FT.

This property is located in the corner of 68th street and Hoover street. It is a densely populated area. It has 4 unit retail space. Market pays $850 a month; Tattoo Shop occupies 2 units, Pays $1400 a month; Mini mart pays $750 a month; Unused lot used by Towing company, pay $500 a month; Total monthly Rent collected $3500 a month. Also Lamar advertising pays for monument sign $700 a year. Tenants pay all utilities. No other maintenance expenses. Tax record shows building sqft 1,239. But estimated it has 1,600 sqft. BUYER CAN ASSUME LOAN OF $297,000, MONTHLY PAYMENT IS $1,812. NO CREDIT CHECK OR INCOME VERIFICATION REQUIRED. DO NOT PASS THIS OPPORTUNITY OF LIFE TIME. PUT DOWN $103,000 AND CLOSE ESCROW.
Listing Provided by Mahmud Ulkarim, Megna Real Estate Services

Based on information from California Regional Multiple Listing Service, Inc. as of July 20, 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.