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Circle K / 76 Gas Station 801 S Hoover St

4,400 SF 100% Leased Retail Building Los Angeles, CA 90005 $10,134,910 CAD ($2,303 CAD/SF)

Retail Space California Los Angeles 801 S Hoover St, Los Angeles, CA 90005

Investment Highlights

  • This is an extremely rare opportunity to own an excellent commercial property with business in the heart of Koreatown.
  • 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 offers significant upside potentials (please ask the broker for details).
  • The building, completely rebuilt in 2020, is in practically brand new condition.
  • The property is located at Hoover Blvd and 8th Street, where USC has been extensively expending construct along Hoover Blvd towards Koreatown.

Executive Summary

"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.

Attachments

OM 8th Circle K

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Service Station
Building Size
4,400 SF
Building Class
C
Year Built
1969
Price
$10,134,910 CAD
Price Per SF
$2,303 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.41 AC
Zoning
LAC2
Parking
9 Spaces (2.05 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
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801 S Hoover St, Los Angeles, CA - aerial map view
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (82)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Royal Bank of Canada
Bank of America
Starbucks
Food 4 Less
King Taco
Bank of Hope
Northgate González Markets
Bb.q Chicken
IHOP
Chase Bank

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5077-021-002
  • 5077-021-030
 Improvements Assessment $1,532,975 CAD
Land Assessment $4,244,512 CAD Total Assessment $5,777,487 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 5077-021-002
  • 5077-021-030
Land Assessment
$4,244,512 CAD
Improvements Assessment
$1,532,975 CAD
Total Assessment
$5,777,487 CAD
(818) 625-0490

Contact

  • Listing ID: 33630730

  • Date on Market: 2024-10-24

  • Last Updated:

  • Address: 801 S Hoover St, Los Angeles, CA 90005

The Retail Property at 801 S Hoover St, Los Angeles, CA 90005 is currently available for sale. Contact NAI Capital for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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801 S Hoover St, Los Angeles, CA for sale Primary Photo- Image 1 of 10
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801 S Hoover St, Los Angeles, CA for sale Building Photo- Image 2 of 10
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801 S Hoover St, Los Angeles, CA for sale Building Photo- Image 3 of 10
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801 S Hoover St, Los Angeles, CA for sale Interior Photo- Image 5 of 10
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801 S Hoover St, Los Angeles, CA for sale Interior Photo- Image 6 of 10
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801 S Hoover St, Los Angeles, CA for sale Aerial- Image 7 of 10
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Screenshot 2024-08-01 160126
801 S Hoover St, Los Angeles, CA for sale Plat Map- Image 9 of 10
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Circle K / 76 Gas Station | 801 S Hoover St
(818) 625-0490 x

Circle K / 76 Gas Station | 801 S Hoover St

Andrew Kim

(818) 625-0490

(818) 625-0490

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