Address
2309 Hauser Boulevard Los Angeles, CA
Price
$ 1,650,000
Property Attributes
  • MLS#20643136
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • Style
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4712
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Daniel Glaser with Glaser Property Management Inc..
Property Description

This 4-Unit apartment building located on 2309 Hauser Boulevard consists of 4,712 square feet of building on a 5,269 square foot lot in the middle of Mid City. The property has a very high income producing unit mix consisting of (4) 3B/2B units that average 1,200 square feet. Two of the four units are currently vacant and provide for an owner-user opportunity. Three of the four units have beautiful renovations to the kitchens, bathrooms and floors. Two of these renovated units have in-unit Washer/Dryer. There is also a coin operated laundry machine for additional income. The only non-renovated unit is occupied by a Section 8 tenant. Current rents are 20% below market, providing the opportunistic investor with a more aggressive management style the ability to raise rents and achieve higher cash on cash returns in one of the fastest growing parts of Mid City. The property's curb appeal is one of the best on the street and the building has been impeccably maintained by current management.

Price History
10/7/2020 Listed $1,725,000
10/27/2020 5% - $1,650,000

General Features

Appliances Dishwasher, Microwave, Refrigerator
Directions Exit 10 Freeway and take Washington east to Downtown. Then turn right on Hauser.
Facing Direction East
Flooring Wood
Heating Central
Levels Multi/Split
Listing Agent Daniel Glaser - BRE#01940889
Listing Agent State License 01940889
MLS Area C16 - Mid Los Angeles
Number of Units Leased 2
Parking Features Assigned
Price Per Square Foot 350.17
PropertyCondition Updated/Remodeled
Special Listing Conditions Standard
Total Units 4
Zoning LARD1.5

Interior Features

Appliances Y/N Yes
Dishwasher Count 4
Heating Y/N Yes
Number of Wall ACs 3
Range Count 4
Refrigerator Count 4
Total Stories 2

Exterior Features

Building Area Total 4712.00
Lot Size Acres 0.1200
Lot Size Area 5269.0000
Lot Size Square Feet 5269.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 4
Number of Separate Gas Meters 4
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90016

Price
AVG $1.42M
$1.65M
Visits
AVG 29
73
Year Built
AVG 1941
1965
Walkscore
AVG 77
76
Data Provided by Walkscore ® not using MLS data

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