801 S Hoover St - Service Station FOR SALE


Los Angeles, CA 90005
$7,150,000 USD
818-625-0490
801 S Hoover St, Los Angeles, CA for Sale
$7,150,000 USD
Service Station - FOR SALE
1/9
null | Request Cap Rate

801 S Hoover St
Los Angeles, CA 90005


HIGHLIGHTS

  • This is an extremely rare opportunity to own an excellent commercial property with business in the heart of Koreatown.
  • The building, completely rebuilt in 2020, is in practically brand new condition.
  • Property is currently operating as a 76 Service Station, with the fuel contract set to January 31, 2031. Circle-K is leased until September 8, 2025
  • The property is located at Hoover Blvd and 8th Street, where USC has been extensively expending construct along Hoover Blvd towards Koreatown.
  • The property offers significant upside potentials (please ask the broker for details).

OVERVIEW

"Are you looking for LA property in one of the best up and coming location? you should strongly consider Koreatown because Koreatown is one of the hottest real estate markets in the U.S."-LAMBERT INVESTMENT The Property is currently operating as a 76 Service Station, with the fuel contract set to January 31, 2031. Circle-K is leased until September 8, 2030. Gray Fashion's lease expires in 2026. This property offers an excellent investment opportunity for those seeking stable cash flow. It includes an irreplaceable retail building and a well-established 76 Gas Station and Circle-K store located in the heart of Koreatown.

FOR SALE DETAILS

PRICE

$7,150,000 USD

PRICE/SF

$1,192 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Circle K / 76 Gas Station

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

LAC2

APN/PARCEL ID

5077-021-002,5077-021-030

ASK ABOUT THIS PROPERTY

Andrew KimNAI CapitalMore Info
818-625-0490

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Andrew KimNAI CapitalMore Info
818-625-0490

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