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Investment Highlights

  • Recently Renovated Retail Asset with significant capital improvements to the building
  • Close Proximity to the University of Southern California (USC)
  • Dense infill location with 60,000 residents within 1 mile
  • 51%+ of the building can be made available for SBA Financing
  • Strong traffic counts on Hoover St. (over 44,000 CPD)

Executive Summary

Colliers International is pleased to present for sale 2323 S. Hoover St in Los Angeles. Retained by the seller as exclusive advisors, Colliers offers a rare opportunity to acquire a value-add retail center in the dynamic University Park / West Adams submarket. Strategically located along the Hoover Street corridor just blocks from the University of Southern California, the property benefits from strong daily pedestrian and vehicle traffic and nearby cultural destinations including Exposition Park and the Los Angeles Memorial Coliseum. The building recently underwent a $500,000 renovation, including a new roof, storefront, plumbing, electrical, and upgraded HVAC systems, and features high ceilings and large display windows ideal for retail, service, and food oriented uses.
This property presents investors with a chance to capitalize on proximity to a major university, walkable amenities, and dense housing developments, while owner-users can occupy a portion of the building and leverage SBA financing while collecting income from adjacent units.

Data Room Click Here to Access

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
6,933 SF
Building Class
C
Year Built/Renovated
1968/2013
Price
$3,892,131 CAD
Price Per SF
$561.39 CAD
Percent Leased
61%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.72
Lot Size
0.22 AC
Zoning
C2 - commercial
Frontage
89’ on Hoover

Amenities

  • Corner Lot
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,800 SF
  • Retail
  • -
  • Now

2313–2319 S Hoover Street offers a collection of street-level retail spaces in a highly visible location near USC and Exposition Park. Each unit features large storefront windows, open floor plans, and private entrances directly off Hoover Street. The spaces are ideal for small retail shops, cafes, offices, or service businesses, and can be leased individually or combined for larger operations. The property provides on-site parking behind the building and excellent foot and vehicle traffic throughout the day. With flexible layouts and strong neighborhood activity, these spaces are perfect for tenants looking to establish a presence in the West Adams / University Park area of Los Angeles

  • 1st Floor
  • 900 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
1st Floor 1,800 SF Retail - Now
1st Floor 900 SF Retail In-Line Now

1st Floor

Size
1,800 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
900 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 1,800 SF
Space Use Retail
Position -
Available Now

2313–2319 S Hoover Street offers a collection of street-level retail spaces in a highly visible location near USC and Exposition Park. Each unit features large storefront windows, open floor plans, and private entrances directly off Hoover Street. The spaces are ideal for small retail shops, cafes, offices, or service businesses, and can be leased individually or combined for larger operations. The property provides on-site parking behind the building and excellent foot and vehicle traffic throughout the day. With flexible layouts and strong neighborhood activity, these spaces are perfect for tenants looking to establish a presence in the West Adams / University Park area of Los Angeles

Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Nearby Major Retailers

DRNK Coffee + Tea / Qwench
Starbucks
Trader Joe's
Planet Fitness
Bank of America
CorePower Yoga LLC
Five Guys
Flame Broiler
Ralphs
Yoshinoya

Property Taxes

Property Taxes

Parcel Number
5055-020-001
Land Assessment
$856,774 CAD
Improvements Assessment
$1,015,774 CAD
Total Assessment
$1,872,548 CAD
  • Listing ID: 40132807

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 2323 S Hoover St, Los Angeles, CA 90007

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