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    2309 Hauser Boulevard

    Los Angeles (City), CA 90016
    • $1,630,000
    • STATUS: Active
    • ON SITE: 191 days
    • ID#: 20643136
    $1,630,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,712
      SQFT
    • $346
      $/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 California Regional Multiple Listing Service, Inc. as of 2021-04-17T00:27:53.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/110759793
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    2309 Hauser Boulevard Los Angeles (City), CA 90016

    • Price: $1,630,000
    • Status: Active
    • ID#: 20643136
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    4,712
    SQFT
    $346
    $/SQFT
    1965
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - 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 Number Of Separate Electric Meters 4 Parking Features Assigned

    Interior Features

    Appliances DishwasherMicrowaveRefrigerator Flooring Wood Heating Central Heating YN Yes

    Property Features

    Additional Parcels YN No Gross Income 123852 Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 75190 Number Of Separate Gas Meters 4 Number Of Units Leased 2 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 120852 Vacancy Allowance Rate 25 Zoning Lard1.5

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


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-17T00:27:53.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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