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1623 S Hoover St 750 SF of Retail Space Available in Los Angeles, CA 90006
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 750 SF | 1-2 Years | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $31,392 CAD/YR $2,616 CAD/MO | TBD |
1st Floor, Ste A
Versatile ±750 SF Retail Space on Prominent Hoover Street Situated along one of Los Angeles’ most active thoroughfares, this well-positioned ±750 SF retail space offers exceptional exposure just minutes from Downtown LA, USC, and Koreatown. The location benefits from consistent vehicular and pedestrian traffic, making it an ideal setting for boutique retail, specialty services, or creative ventures. Two tandem parking spaces provide added convenience—an increasingly rare asset in this vibrant, high-demand corridor. An excellent opportunity to establish your presence in a dynamic urban pocket.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Prime location on high-traffic Hoover Street
- Excellent visibility with strong pedestrian and ve
- Includes 2 tandem parking spaces — a rare convenie
- Surrounded by dense residential and student popula
- Easily accessible via major transit routes
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 750 SF | Gross Leasable Area | 1,333 SF |
| Property Type | Retail | Year Built/Renovated | 1928/1950 |
| Property Subtype | Freestanding |
| Total Space Available | 750 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,333 SF |
| Year Built/Renovated | 1928/1950 |
NEARBY MAJOR RETAILERS
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1623 S Hoover St
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