Mixed-Use Asset with Retail Control and Three Income Streams

6500 S Hoover Street is a mixed-use property consisting of a retail storefront, a detached 3-bedroom, 2-bath residence, and two storage areas situated on a 6,569-square-foot LAC2-zoned corner parcel. The property is legally recognized as a three-unit asset and is configured across two separate buildings with independent access to the residential component. The commercial building provides approximately eleven on-site parking spaces and benefits from prominent Hoover Street frontage. The property currently generates income from the retail space, residence, and one storage area, while a second storage space is vacant. During preparation of the offering, this additional storage area was identified as a separately utilized rental space, providing an immediate lease-up opportunity without affecting the existing tenancy. The investment is particularly well suited for a neighborhood market operator seeking to occupy the commercial space. The month-to-month retail tenancy allows a buyer to recover possession if desired, while the residential rental and storage income help offset ownership costs from day one. This combination provides flexibility for both owner-users and investors while preserving existing cash flow during any commercial transition.