2309 Hauser BLVD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25102593
Year Built 1965
Lot Size 5,270 Sqft
Property Sub-Type Quadruplex
Property Description
We are proud to present a cash flowing 4 unit building north of the 10 freeway in Mid City / West Adams! Each unit is spacious and consists of 3 bedrooms and 2 baths. One 3 bedroom / 2 bath unit will be delivered VACANT and a buyer can immediately realize monthly rental income of $3,400 for that unit! Outstanding annual income of appx. $132,948, GRM of 12.6, and cap rate of 5.8% when vacant unit is rented! 3 of the 4 units have in-unit washer/dryers and there is also a community laundry room for tenants' convenience. Capital improvements include a new roof in 2017 and interior remodeling of 3 units (including the vacant unit) with new kitchens, bathrooms, and flooring. Separately metered for gas and electric and building includes 4 uncovered parking spaces in a back parking lot. Situated in a bustling and highly desired rental market, the building is centrally located minutes away from the LACMA, La Brea Tar Pits, Petersen Museum, and a short drive from Culver City, Beverly Hills, and Downtown LA.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LARD1.5
Interior
Laundry Common Area,Inside
Exterior
Parking Features Uncovered
Pool None
Community Features Curbs,Storm Drain(s),Street Lights,Sidewalks
Building
Lot Description Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional
Listing Terms Cash,Cash to New Loan,Conventional
Special Listing Condition Standard