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Mixed-Use Building with Apartments
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7518 Hoover St, Los Angeles, CA 90044

Ground-floor commercial spaces accompany an upstairs three-bedroom, two-bath residence.

Property SizeContact for details
Days on Market144

Property Features for 7518 Hoover St

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Multi
Listing Agency: Century 21 Allstars
Listed By: Silvestre Madrigal Jr. · License #01363650
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Allstars

Investment Insights

Based on property information with market context.

This mixed-use property combines three ground-floor commercial operations with an upstairs residential unit. The commercial component includes a mini market, salon, and Mexican restaurant, each with its own occupancy arrangement. The salon and restaurant are on month-to-month terms, while the mini market has a one-year lease.

The upper level contains a three-bedroom, two-bath residence currently occupied by the seller. Seller occupancy is expected to end at close of escrow, providing a separate residential component within the property. The address is 7518 Hoover St, Los Angeles, CA 90044.

Key Highlights

  • Mixed‑use property at 7518 Hoover St, Los Angeles, CA 90044
  • Three ground‑floor commercial operations: mini market, salon, and Mexican restaurant
  • Mini market occupied under a 1‑year lease

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,245
Businesses Nearby

Demographics for 90044, CA

94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor commercial spaces accompany an upstairs three-bedroom, two-bath residence.
Where is this mixed-use property located?
The property is located at 7518 Hoover St Los Angeles, CA.
What are key features of this property?
This property features: Mixed‑use property at 7518 Hoover St, Los Angeles, CA 90044; Three ground‑floor commercial operations: mini market, salon, and Mexican restaurant; Mini market occupied under a 1‑year lease
More about this property
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