Property Listing No Longer Available for Sale

7518 Hoover St, Los Angeles, CA

Retail for Sale - $1,200,000


Property Info

CIMLS#1122571
Location
  7518 Hoover St
  Los Angeles CA 90044
UpdatedMay 13th, 2022
TypeRetail
Price$1,200,000

Property Description

MORE INFORMATION:

Rent Rent Roll at 7518 S. Hoover St. Los Angeles 90044.

1-Mini Market store is $1500 per month with 1 year lease. 2-Salon $650 monthly is month to month. 3-Mexican restaurant was $1500 however seller is now only getting $1000 per month because the only certain hours cut back due to business Covid matters. Month to month. 4-No rent on the Upstairs 3B/2B because the seller occupies it and seller will move out at close of escrow. Per rental comps you can get rents of $2500-$2800 per month in that area for a 3b/2b proforma value.


Financials



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