1618 Hauser Boulevard,  Los Angeles CA, 90019 (Residential Income)

5,368 sqft
Status: Pending
MLS#: SB16196099
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Last Updated: 12/9/2016 2:47 AM
Description for 1618 Hauser Boulevard Los Angeles, CA 90019
RARE OPPORTUNITY TO OWN A BEAUTIFULLY RENOVATED MID CITY INVESTMENT PROPERTY! 1618 Hauser Boulevard, a spacious and beautifully rehabbed four-unit apartment building located in the heart of the Mid City neighborhood in Los Angeles. The subject property sits on a large 6,756 square foot lot and has over 5,350 in rent-able square feet (buyer to verify). The unit mix consists of four extremely large 2 bed/1 bath units, each unit averages over 1,300 square feet. Three of the four units have been rehabbed with modern amenities while maintaining historical charm. The rehab work includes: completely refurbished wood floors, refinished antique detailed fixtures, ceiling fans, new stainless steel kitchen appliances, and new kitchen cabinetry and counter-tops. The building also features a new roof and new exterior paint. On-site parking is available in the rear of the building for the tenant's convenience. The property is individually metered for gas and electricity and each unit has its own water heater (tenant's pay for their own hot water). This lovely property is the terrific investment for either a seasoned multi-asset owner, a first time investor or even someone who wants to live in the area while collecting strong cash flow from the other units.
Price
$1,400,000
Los Angeles
5,368 (approx)
SB16196099
Pending
Description
RARE OPPORTUNITY TO OWN A BEAUTIFULLY RENOVATED MID CITY INVESTMENT PROPERTY! 1618 Hauser Boulevard, a spacious and beautifully rehabbed four-unit apartment building located in the heart of the Mid City neighborhood in Los Angeles. The subject property sits on a large 6,756 square foot lot and has over 5,350 in rent-able square feet (buyer to verify). The unit mix consists of four extremely large 2 bed/1 bath units, each unit averages over 1,300 square feet. Three of the four units have been rehabbed with modern amenities while maintaining historical charm. The rehab work includes: completely refurbished wood floors, refinished antique detailed fixtures, ceiling fans, new stainless steel kitchen appliances, and new kitchen cabinetry and counter-tops. The building also features a new roof and new exterior paint. On-site parking is available in the rear of the building for the tenant's convenience. The property is individually metered for gas and electricity and each unit has its own water heater (tenant's pay for their own hot water). This lovely property is the terrific investment for either a seasoned multi-asset owner, a first time investor or even someone who wants to live in the area while collecting strong cash flow from the other units.
Listing Information
Property Type: Cluster, Other
0.15 Acres 675,600 sq.ft. 5,368 (approx)
$260.8 1929
4 Total
Neighborhood
Room Information
Exterior / Lot Features
None
No Pool
LAR2
Curbs Walk
Driving Directions
Cross Streets: Venice Blvd. and Hauser Blvd.
Financial Considerations
5069027002
$76,820 Income ,$28,765Expense
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90019 has a population of 3,804,503.

The median household income in Los Angeles, California 90019 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90019 is 34.1 years.

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Courtesy: Keller Williams Beach Cities Josh Cohen
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Information is deemed reliable but is not guaranteed.

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