S Hoover ST Los Angeles CA 90044 MLS #SR25189929

IKON Properties is pleased to present a development opportunity at 6804 Hoover Street, located in the heart of South Los Angeles, CA. This property offers over 5,000 square feet of land, with plans already in place to construct a modern 3-story, 12-unit multifamily apartment building. The proposed design accommodates both affordable housing and Section 8 tenants, making it a compelling choice for builders and investors looking to contribute to the city’s housing supply while securing a long term income stream. Key Highlights: Location: Centrally positioned in Los Angeles, benefiting from high visibility and access to key transportation routes, retail, and amenities. Size: 5,000+ square feet of land. Development Plans: Ready to build plans for a 3-story, 12-unit multifamily building. Affordability: Design allows for affordable housing units, eligible for Section 8 tenants, creating consistent
demand. Investment Opportunity: Priced competitively for builders and developers seeking long term returns from a stable income producing asset. This property presents an outstanding opportunity for investors or developers looking to capitalize on a highly sought after location with significant upside potential. Whether you’re seeking a project with consistent cash flow or a value add development opportunity in a growing market, 6804 Hoover Street is an excellent choice for your next real estate development. For more information, please contact us to discuss this opportunity further.