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Listed by Jessica Altinoglu • Luxury Collective
$ 670,000
Est. payment /mo
Active
6804 S Hoover Street Los Angeles, CA 90044
1,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $558
MLS Listing ID CRSR25189929
HOA Y/N No
Year Built 1927
Lot Size 5,171 Sqft
Property Sub-Type Mixed Use
Source Datashare California Regional
Property Description
IKON Properties is pleased to present a development opportunity at 6804 Hoover Street, located in the heart of South Los Angeles, CA. This property offers over 5,000 square feet of land, with plans already in place to construct a modern 3-story, 12-unit multifamily apartment building. The proposed design accommodates both affordable housing and Section 8 tenants, making it a compelling choice for builders and investors looking to contribute to the city’s housing supply while securing a long term income stream. Key Highlights: Location: Centrally positioned in Los Angeles, benefiting from high visibility and access to key transportation routes, retail, and amenities. Size: 5,000+ square feet of land. Development Plans: Ready to build plans for a 3-story, 12-unit multifamily building. Affordability: Design allows for affordable housing units, eligible for Section 8 tenants, creating consistent demand. Investment Opportunity: Priced competitively for builders and developers seeking long term returns from a stable income producing asset. This property presents an outstanding opportunity for investors or developers looking to capitalize on a highly sought after location with significant upside potential. Whether you're seeking a project with consistent cash flow or a value add devel
Location
State CA
County Los Angeles
Interior
Fireplace No
Building
Water Public
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