This document provides property information for a real estate listing located at 719 S Hoover St in Los Angeles, CA for $1,500,000. It discloses that the information was obtained from sources believed to be reliable but has not been verified. It notes that the buyer is responsible for confirming the accuracy of the details. The document includes the contact information for two real estate agents, the address of the subject property, surrounding area demographics, comparable property sales, and photographs of the subject property.

1. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
Presented by: Mark Hong Alison Han
BRE #01067529 BRE #01439057
Direct (213) 251-9000 X101 Direct (213) 251-9000 X107
Mobile (213)700-6780 Mobile (818) 321-3006
markhong@korusre.com alisonhan@korusre.com
719 S Hoover St
LOS ANGELES, CA 90005
FOR SALE
$1,500,000

2. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
PROPERTY INFORMATION
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PROPERTY HIGHLIGHTS

3. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
719 S Hoover St
LOS ANGELES, CA 90005
SUBJECT
PROPERTY

4. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
719 S Hoover St
LOS ANGELES, CA 90005

5. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
719 S Hoover St
LOS ANGELES, CA 90005

6. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
719 S Hoover St
LOS ANGELES, CA 90005
Improved Office Area
Restrooms (2)
Mezzanine

7. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
719 S Hoover St
LOS ANGELES, CA 90005

8. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
PARCEL MAP
719 S Hoover St
LOS ANGELES, CA 90005
ZONING MAP

9. We make no guaranty as to the accuracy of the above. Opinions and estimates are KORUS Real Estate's judgment as of the release date, subject to change. Redistribution
without our consent is prohibited.
This copyrighted report contains research licensed to KORUS Real Estate - 90887.
2/5/2015
Page 1

10. 1 1172-1178 N Western Ave SOLD
Los Angeles, CA Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$290.74
$1,900,000 - Confirmed
08/04/2014 Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GLA:
-
-
Parcel No:
Financing:
5536-009-005
Down payment of $640,000 (33.7%); $1,260,000 from Seller
Confirmed
RetailAuto Repair
Built 1970 Age: 44
6,535 SF
LAC4
Purchase By Tenant
Land Area: 11,761 SF (0.27 AC)
Price/SF:
3090894Comp ID:
2 4365 W Pico Blvd SOLD
Los Angeles, CA 90019 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$255.10
$1,500,000 - Confirmed
05/12/2014 (668 days on mkt) Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GLA:
-
6.90%
Parcel No:
Financing:
5082-016-021
Down payment of $256,700 (17.1%); $1,243,300 from Wells Fargo Bk Na
Confirmed
RetailStorefront Retail/Residential
Built 1948 Age: 66
5,880 SF
C4
-
Land Area: 11,326 SF (0.26 AC)
Price/SF:
3029375Comp ID:
3 1016 N Alvarado St SOLD
Los Angeles, CA 90026 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
$166.67
$1,250,000 - Confirmed
12/15/2014 (83 days on mkt) Bldg Type:
Zoning:
Year Built/Age:
GLA:
-
Parcel No:
Financing:
5404-003-024
$1,125,000 from Seller
Confirmed
RetailFreestanding
Built 1928 Age: 86
7,500 SF
C2
Land Area: 7,405 SF (0.17 AC)
Price/SF:
3187839Comp ID:
We make no guaranty as to the accuracy of the above. Opinions and estimates are KORUS Real Estate's judgment as of the release date, subject to change. Redistribution
without our consent is prohibited.
This copyrighted report contains research licensed to KORUS Real Estate - 90887.
2/5/2015
Page 1

11. 4 830 Hoover St SOLD
Los Angeles, CA 90006 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$151.61
$1,225,000 - Confirmed
05/14/2014 Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GLA:
-
7.30%
Parcel No:
Financing:
5141-026-007
Down payment of $1,225,000 (100.0%)
Confirmed
RetailStorefront Retail/Residential
Built 1966 Age: 48
8,080 SF
C2
-
Land Area: 6,098 SF (0.14 AC)
Price/SF:
3034341Comp ID:
5 2229 Venice Blvd - U.s Oriental Motors SOLD
Los Angeles, CA 90006 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
$790.96
$1,120,000 - Full Value
05/05/2014 (88 days on mkt) Bldg Type:
Zoning:
Year Built/Age:
GLA:
-
Parcel No:
Financing:
5074-012-019, 5074-012-020
-
Full Value
RetailFreestanding
Built 1970 Age: 44
1,416 SF
C2-2, Los Angeles
Land Area: 13,939 SF (0.32 AC)
Price/SF:
3024549Comp ID:
6 4100-4104 Melrose Ave SOLD
Los Angeles, CA 90029 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
$250.00
$1,110,000 - Confirmed
04/07/2014 (161 days on mkt) Bldg Type:
Zoning:
Year Built/Age:
GLA:
-
Parcel No:
Financing:
5539-023-001
Down payment of $1,110,000 (100.0%)
Confirmed
RetailAuto Repair
-
4,440 SF
LAC2
Land Area: 14,810 SF (0.34 AC)
Price/SF:
3003558Comp ID:
We make no guaranty as to the accuracy of the above. Opinions and estimates are KORUS Real Estate's judgment as of the release date, subject to change. Redistribution
without our consent is prohibited.
This copyrighted report contains research licensed to KORUS Real Estate - 90887.
2/5/2015
Page 2

12. 7 3401-3413 Venice Blvd SOLD
Los Angeles, CA 90019 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
$163.37
$1,050,000 - Full Value
02/28/2014 Bldg Type:
Zoning:
Year Built/Age:
GLA:
-
Parcel No:
Financing:
5072-024-014
$275,000 from Bay Area Employment Development$500,000 from Wells Fargo Bk Na
Full Value
RetailFreestanding
Built 1956 Age: 58
6,427 SF
LAC2
Land Area: 6,970 SF (0.16 AC)
Price/SF:
3034130Comp ID:
8 3874-3884 S Western Ave SOLD
Los Angeles, CA 90062 Los Angeles County
Sale Date:
– Research Status:
PrFrma Cap Rate:
Sale Price:
Actual Cap Rate:
$250.14
$900,000 - Confirmed
08/18/2014 (21 days on mkt) Bldg Type:
Zoning:
Sale Conditions:
Year Built/Age:
GLA:
-
6.16%
Parcel No:
Financing:
5036-009-012, 5036-009-029
Down payment of $900,000 (100.0%)
Confirmed
RetailRestaurant
Built 1946 Age: 68
3,598 SF
LAC2
-
Land Area: 16,117 SF (0.37 AC)
Price/SF:
3101760Comp ID:
We make no guaranty as to the accuracy of the above. Opinions and estimates are KORUS Real Estate's judgment as of the release date, subject to change. Redistribution
without our consent is prohibited.
This copyrighted report contains research licensed to KORUS Real Estate - 90887.
2/5/2015
Page 3

13. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.
It is your responsibility to independently confirm its accuracy and completeness.
3525 W 8th St
LOS ANGELES, CA 90005
DEMOGRAPHICS
1 Mile 3 Mile 5 Mile
2013 Total Population 128,446 583,350 1,245,518
2013 Households 44,301 204,913 430,846
% Population Change 2010-2013 -3,354 3,085 8,057
% Household Change 2010-2013 -2,535 -4,414 -6,731
2013 Total Population: Median Age 32 33 33
2013 Total Population: Adult Median Age 39 40 41
2013 Household Income: Median $29,076 $33,268 $36,932
2013 Household Income: Average $38,208 $48,127 $53,952
719 S Hoover St
LOS ANGELES, CA 90005