This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$660,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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.
Full Property Details
Full Property Details for 6500 S Hoover
General
- Sold For: $660,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26098653
- Added to Site: 166 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- Area: C34 - Los Angeles Southwest
- County: Los Angeles
- Development Name: C34 - Los Angeles Southwest
- Driving Directions: Southeast corner of Hoover St and 65th St, between Gage Ave and Florence Ave.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: 1
- Square Feet: 2,854
- Year Built: 1921
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
Lot Features
- Lot Size (Acres): 0.1508
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $231.25
- Price Per Unit: 243333
Listed and Sold by Keller Williams Coastal Prop., Alexandro Colombo
Get Pre-Approved Today
Schools
Schools serving 6500 S Hoover
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Gil Garcetti Learning Academy 612 West 68th Street, Los Angeles, CA 90044 | K-6 | 0.3 mi |
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003 | 7-8 | 0.6 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.3 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.8 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.8 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.8 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.8 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6500 S Hoover
Date
Details
Price
Change
Source
10/05/2026
Sold
$660,000
-9.59%
MLS
9/04/2026
Price Reduced
$730,000
-7.01%
MLS
7/09/2026
Price Reduced
$785,000
-7.54%
MLS
5/06/2026
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6500 S Hoover, Los Angeles, CA 90044 (MLS# PW26098653) is a Multi-Family property that was sold at $660,000 on October 05, 2026. Want to learn more about 6500 S Hoover? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

