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2309 Hauser Blvd Los Angeles, CA 90016

For Sale
$1,595,000

Cash flowing four-unit building in a desirable Los Angeles location.

Lot size:
0.12 Acres

Property Features for 2309 Hauser Blvd

General Information

Lot size
0.12 Acres

Building Details

Year built
1965

Source: Keller Williams Realty Calabasas Agent Anie Mayelian

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mid City Multifamily Investment Opportunity

This four-unit building is located north of the 10 freeway in Mid City / West Adams. Each unit features 3 bedrooms and 2 baths. One of the units will be delivered vacant, offering the potential for immediate rental income. The property generates an approximate annual income of $132,948, with a GRM of 11.9 and a cap rate of 6.1% when the vacant unit is rented. Three of the four units include in-unit washer/dryers, and there is also a community laundry room available for tenants. Capital improvements include a new roof installed in 2017, as well as interior remodeling of three units, including the vacant unit, with new kitchens, bathrooms, and flooring. The building is separately metered for gas and electric. There are four uncovered parking spaces located in a back parking lot. The property is situated in a rental market, centrally located minutes away from the LACMA, La Brea Tar Pits, and Petersen Museum, and a short drive from Culver City, Beverly Hills, and Downtown LA.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.36168
Latitude
34.03596

FAQs

What type of property is this?
Quadplex - Cash flowing four-unit building in a desirable Los Angeles location.
Where is this quadplex located?
The property is located at 2309 Hauser Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: - Cash flowing 4-unit building with appx. $132,948 annual income and a cap rate of 6.1%; - **One 3-bedroom\/2-bath unit delivered vacant, offering immediate rental income of $3,400 per month**; - Desirable Mid City\/West Adams location near cultural attractions
More about this property
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