598 N Hoover St - Storefront FOR SALE


Los Angeles, CA 90004- Silver Lake
$1,500,000 USD
310-339-0688
598 N Hoover St, Los Angeles, CA for Sale
$1,500,000 USD
Storefront - FOR SALE
1/2
null | Request Cap Rate

598 N Hoover St
Los Angeles, CA 90004
Silver Lake


HIGHLIGHTS

  • Near Melrosa Ave and Silverlake area of LA, progressive area.
  • Permitted structure altough a tear down already presents the opportunity

OVERVIEW

Charming Commercial Opportunity near Vibrant Melrose Avenue Located just one block from the bustling Melrose Avenue, this property boasts unparalleled access to trendy shops, eclectic restaurants, and artistic venues, making it an ideal investment for entrepreneurs and visionaries. The area thrives with energy, attracting both locals and visitors eager to explore the vibrant culture of Silver Lake and the border of East Hollywood. Welcome to 598 N Hoover St, a prime commercial property situated in one of Los Angeles County's most exciting and progressive neighborhoods. This unique parcel consists of two APNs: 5401-001-004, offering an impressive 3,949 square feet of versatile space, and 5401-001-021, an additional 108 square feet of commercial lot, perfect for expansion or creative development. Seize this rare opportunity to own a piece of Los Angeles real estate in a location poised for growth. The possibilities are limitless for whatever you envision. Embrace the future of this up-and-coming area—your next big idea starts here! The permitted structure on the property offers 1,320 square feet of space, presenting a significant opportunity. While the existing building is primarily a teardown, the true value lies in the land and the secured permits, paving the way for your vision to come to life. This is your chance to create something exceptional in a thriving area! Don’t miss out on the chance to be part of the transformation happening in this lively community. Contact us today for more details or to schedule a viewing!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$1,136 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Auto Dealership, Auto Repair, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,963 SF

ZONING

LAC1.5

APN/PARCEL ID

5401-001-004,5401-001-021

ASK ABOUT THIS PROPERTY

Donna NazirThe Skye Group Inc.More Info
310-339-0688

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Donna NazirThe Skye Group Inc.More Info
310-339-0688

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.