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 13.2, and cap rate of 5.1% 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.
Property Details
Price:
$1,750,000
MLS #:
SR25102593
Status:
Active
Baths:
0
Address:
2309 Hauser Boulevard
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
May 8, 2025
State:
CA
ZIP:
90016
Lot Size:
5,269 sqft / 0.12 acres (approx)
Year Built:
1965
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Storm Drains, Street Lights
Garage Spaces
0.00
Lot Features
Landscaped
Parking Features
Uncovered
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address2309 Hauser Boulevard Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90016
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2309 Hauser Boulevard
Los Angeles, CA
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