Building Details

Year Built 1928

Buildings 1

Stories 2

Units 4

Listing Agency: m***@gmail.com Show Phone

Listed By: Mi Jeong Show Phone

Added: Jan 15, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This four-unit apartment building is located near the Miracle Mile in Los Angeles, California. The property has a total building size of 3,858 square feet and sits on a 0.088567 acres lot. Each of the four units is a one-bedroom, one-bathroom apartment with the potential for conversion to two-bedroom units. Each unit includes in-unit laundry hookups and a dedicated garage space. The property features a detached 4+ car garage and a concrete driveway. The building currently has 100% occupancy, indicating strong rental demand. There is potential for constructing four additional dwelling units (ADUs), further increasing the property's income potential. Gas dryer hookups and ranges are included in each unit.

Property Analytics

Property Profile

Current Use

Residential income homes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Butcher Real Estate Agency Veterinary Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,948

Businesses Nearby

Explore this area Business Placement

Demographics for 90019, CA

62,002

Population

26,203

Households

2.4

Avg Household Size

38

Median Age

39%

College-Educated

80%

High-School Grad

3.9 sq mi

ZIP Area

15,898

Density / Sq Mi

$71,395

Median Household Income

$40,316

Median Earnings

$1,782

Median Rent

$1,178,100

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

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Frequently Asked Questions

What type of property is this?

Multifamily property - 3,858 SF 4 Unit Apartment Building

Where is this multifamily property located?

The property is located at 1500 Hauser Blvd Los Angeles, CA.

What is the asking price?

The asking price for this property is $1,688,000.