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1500 Hauser Blvd 4 Unit Apartment Building $1,625,000 ($406,250/Unit) Los Angeles, CA 90019
INVESTMENT HIGHLIGHTS
- Situated right next to Miracle Mile in a popular, high rental demand area
- Potential gold mine with the possibility to add value by building four ADUs
- All four 1-bed 1-bath units are spacious and can easily be converted to 2-bed units
EXECUTIVE SUMMARY
Proudly presenting this remarkable pride of ownership. LOCATION, LOCATION, LOCATION!!! Situated right next to Miracle Mile in a popular, high rental demand area. Ideal 4-unit property with amazing potential. All four 1-bed 1-bath units are spacious and can easily be converted to 2-bed units. All units have laundry hookups inside the unit and also their own garage space. Potential gold mine with the possibility to add value by building four ADUs.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,625,000 | Apartment Style | Low-Rise |
| Price Per Unit | $406,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Sale Condition | High Vacancy Property | Building Size | 3,858 SF |
| Gross Rent Multiplier | 17.46 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1928 |
| Property Subtype | Apartment | ||
| Zoning | LAR2 - two-family dwelling residential zone | ||
| Price | $1,625,000 |
| Price Per Unit | $406,250 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| Gross Rent Multiplier | 17.46 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,858 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | LAR2 - two-family dwelling residential zone |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 5069-031-038 | Improvements Assessment | $453,900 (2025) |
| Land Assessment | $1,055,700 (2025) | Total Assessment | $1,509,600 (2025) |
PROPERTY TAXES
Parcel Number
5069-031-038
Land Assessment
$1,055,700 (2025)
Improvements Assessment
$453,900 (2025)
Total Assessment
$1,509,600 (2025)
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Presented by
Mi Jeong Kim
1500 Hauser Blvd
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