1618 Hauser Blvd, Los Angeles, CA 90019

Property 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.