2918 HAUSER, Los Angeles, CA 90016

About this property

A ten unit apartment community located at Boulevard. Property is situated in the historic West. The offering presents an investor a truly unique opportunity to acquire a fully building in a rapidly gentrifying sub-market. The property consists of two, two-story buildings totaling 6,107 square feet on an 11,880 square foot parcel. The unit mix is comprised of one studio, one one-bedroom and eight two-bedroom/one-bathroom units that will be delivered 100 percent vacant at close of escrow. Due to its construction, the property is subject to Los Angeles rent control statutes. The subject property allows an investor to acquire a well located apartment asset with the unique ability to immediately renovate and re-tenant the entire property.

Listing description from the December 2018 sale, as reported to CRMLS.

Sale history

$2,625,000

Sold December 2018 · listed $2,900,000, on market July 2018 · MLS #18367972 · Source: CRMLS

Listing Agent: Sean Rosenzweig · Listing Office: Marcus & Millichap · Contact: 213-943-1800 · Bought with: Sean Rosenzweig · Marcus & Millichap

$1,585,000

Sold November 2017 · listed $980,000, on market September 2017 · MLS #17275130 · Source: CRMLS

Listing Agent: Alexandra North · Listing Office: North Real Estate Services · Contact: 310-271-8068 · Bought with: Kay Pick · Coldwell Banker Residential Br

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