• 4,712 sq.ft.
  • 5,269 sq.ft. lot
offered at $1,615,000
Status: Active // Property Type:
County: Los Angeles // Year Built: 1965

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.

Listing Courtesy of Daniel Glaser, Glaser Property Management Inc.

Interior Features

Heating: Central
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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