We are pleased to present a four (4) unit apartment building located at 2531 Hauser Boulevard in Los Angeles, California. The subject property is located in a prime West Adams location, north of W Adams Boulevard and east of N Fairfax Avenue. Located in the thriving West Adams neighborhood, this… Read More well positioned multifamily property offers a rare opportunity just steps from the vibrant Culver City Arts District. The building features an ideal unit mix with two (2) studios and two (2) one-bedroom units--all of which have been fully renovated with permits, including new windows and upgraded plumbing. Each unit is separately metered for gas and electricity, and the property includes on-site parking and a brand-new roof installed in 2023. A non-conforming studio located in the rear building will be delivered vacant at close of escrow. This unit is easily convertible into a 2-bedroom/2-bathroom ADU, and the seller will provide approved plans at closing. Surrounded by exciting new developments, trendy dining options, and everyday conveniences like Whole Foods, Target, and Kaiser Permanente, this property blends long-term upside with immediate rental appeal in one of LA's most dynamic submarkets. Nestled in a great West Adams location, this offering presents an opportunity to capitalize on strong initial cash flow. Read Less
Property listed by Marcus & Millichap, Jason Tuvia 818-212-2700
Listing Snapshot
Days Online
8
Last Updated
Property Type
Other
Beds
2
Square Ft.
2,735
Lot Size
0.13 Acres
Year Built
1940
MLS Number
25562209
30 Days Snapshot Of 90016
$1.16M
+15%
(avg) sold price
14
-6%
homes sold
47
-46%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1940, Building area total: 2,735, Levels: Two, Living area: 2735, 2 stories, 2 buildings
Income
Gross income: $123,588, Net operating income: $89,268
Lot
0.1302 acres, 5,672 square feet, Size: 5,672
Parking
Driveway
Property
Zoning: LARD1.5
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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