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6500 S Hoover St, Los Angeles, CA, 90044

3beds
1baths
2,854sqft
$785,000
$275price/sqft
$5,668/moest. monthly cost
$226,720/yrincome needed

About This Home

6500 S Hoover Street is a corner mixed-use property consisting of retail, a detached 3-bedroom/2-bath house, and a separate storage component, creating three distinct income streams on one site. The property currently produces approximately $6,300/month in gross income, with the retail tenant operating on a month-to-month basis. This creates a rare combination of existing cash flow and near-term control for a future owner. The site includes approximately 2,854 SF of building area on a 6,569 SF LAC2-zoned lot with on-site parking and strong visibility along Hoover Street. The layout allows a buyer to maintain income while repositioning the retail component, occupy the storefront for their own use, or continue operating the property as a stabilized mixed-use investment. Simple structure. Multiple revenue streams. Clear operational flexibility.

Getting Around

76
WalkingVery Walkable
66
TransitGood Transit
76
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1921

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1

Features

  • Common walls with other units/homes: 1 Common Wall,End Unit,No One Above,No One Below

Interior Area

  • Total structure area: 2,854
  • Total interior livable area: 2,854 sqft

Property

Details

  • Parcel number: 6013015009
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 6,571 sqft
  • Features: 2-5 Units/Acre

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,969$47,628
Home Insurance *$151$1,812
Property Taxes $936$11,232
Electricity $612$7,344
Total$5,668$68,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$194,331/yr
40% on housing$170,040/yr
45% on housing$151,146/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$275This listing

vs Other Active Listings

Avg $/sqft

ZIP 90044$362
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90044$511
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Listed for sale$849,000
2023-10-03Listing removed--
2023-09-14Contingent$875,000
2023-05-24Price change$875,000
2023-03-28Listed for sale$999,991
2004-12-20Sold$200,000
2002-02-12Sold$130,000
1997-02-03Sold$28,000
1994-03-01Sold$38,083
1993-12-13Sold$38,083

For Sale by Agent

AgentAlexandro Colombo
BrokerageKeller Williams Coastal Prop.

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