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    2309 Hauser Blvd

    Los Angeles, CA 90016
    • $1,650,000
    • STATUS: Active
    • ON SITE: 148 days
    • MLS #: 20-643136
    UPDATED: 40 min ago
    $1,650,000
    • 12
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,712
      SQFT
    • $350
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1965
    County:

    School Ratings & Info

    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. One 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 21% 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.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T19:43:11.41. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/110759292
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    2309 Hauser Blvd Los Angeles, CA 90016

    • Price: $1,650,000
    • Status: Active
    • Updated: 40 min ago
    • MLS #: 20-643136
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,712
    SQFT
    $350
    $/SQFT
    1965
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    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. One 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 21% 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.
    Exterior Features

    Direction Faces East Levels Multi/Split Lot Size Area 5269 Other Structures None Parking Garage Assigned Total Parking 4 Water Frontage None

    Interior Features

    Bathroom Features Shower Over Tub Baths Total 8.00 Common Walls Attached Cooling Window Unit(S) Equipment Ceiling FanDishwasherDryerMicrowaveWasherRange/OvenRefrigerator Flooring Hardwood Heating Central Laundry In UnitLaundry Area Laundry Equipment Own Water Heater Features Central Water Heater

    Property Features

    Assessed Total Value 678287 Gross Income 123852 Gross Operating Income 120136 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 75190.22 Number Of Buildings 1 Number Of Units 4 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features None Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Tenant Pays GasElectricity Total Annual Expense 42036 Type Of Units 3B/2B Water District Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Daniel Glaser DRE# of Glaser Property Management Inc..


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-03-04T19:43:11.41. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253