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SPECIAL PURPOSE BLDG Sold Office

5700-5710 Hoover Street Los Angeles, CA 90037
$2,700,000
$254.31 Price/sq.ft

Property Features

  • Price per Sq.ft: $254.31

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  • Sqr.Ft of Land : 11,282
  • Sqr.Ft : 10617
  • Year Built: 1939

Description & Highlights

HIGH ROI LEASED INVESTMENT PROPERTY FOR SALE
  • 2 building portfolio with seller financing available
  •  Leased until 2026 to Open Arms Temporary Living
  •  Great Cash Flow with an average cap rate of 9%
  •  87 resident capacity plus staff
  •  Approximately 17 bedrooms,16 bathrooms,kitchen, laundry room, kitchen & several multi-purpose rooms
  •  Stable income stream in the City of Los Angeles Location
  •  On the south-east corner of Hoover and 57th St
  •  1 Block West of Figueroa & 2 Blocks North of Slauson
  •  Easy Access to the 110 FWY
  •  Across the street from St John’s Well Child and Family
  •  Close to Augustus High School and

Additional Features

  • Bedrooms: 17
  • Bathrooms: 16

Location

Street View

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