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2309 Hauser Blvd, Los Angeles, CA 90016
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2309 Hauser Blvd Los Angeles, CA 90016

$1,560,000 Sold Price as of 08/31/2021
  • 12 Beds
  • 8 Baths
  • 4,712 Sq.Ft.
Sold
$1,560,000 Sold Price as of 08/31/2021 Refinance Your Mortgage
Map preview of 2309 Hauser Blvd, Los Angeles, CA 90016

Property Overview: 2309 Hauser Blvd Los Angeles, CA has 12 bedrooms, 8 bathrooms, 4,712 living square feet and 5,269 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This 4-unit apartment building located on 2309 Hauser Boulevard consists of 4,712 square feet of building on a 5,269 square foot lot in the middle of Mid-City. The property has a very high-income producing unit mix consisting of (4) 3B/2B units that average 1,200 square feet. Three of the four units have beautiful modern renovations to the kitchens, bathrooms, and floors. Two of these renovated units have in-unit Washer/Dryer. There is also a coin operated laundry machine for additional income. The only non-renovated unit is occupied by a Section 8 tenant. Current rents are 23% upside, providing the opportunistic investor with a more aggressive management style the ability to raise rents and achieve higher cash on cash returns in one of the fastest growing parts of Mid-City. The property's curb appeal is one of the best on the street and the building has been impeccably maintained by current management. This part of Mid-City is seeing a tremendous amount of development and is located centrally within Los Angeles. Property is individually metered for gas and electric, and there is one water heater for the property.

Listed by Daniel Glaser | BRE #01940889 | Glaser Property Management Inc.
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 275

Home details

Lot Sq. Ft
5,269
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20643136
City
Los Angeles
County
Los Angeles
Time on Site
1269 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,171
  • Total Rent: $1,171
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $3,150
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,950
  • Total Rent: $2,950
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.7
  • Gross Scheduled Income: --
  • Net Operating Income: $72,950
  • Gross Operating Income: $114,316
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2309 Hauser Blvd

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5063007081
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: Exit 10 Freeway and take Washington east to Downtown. Then turn right on Hauser.
View more facts & features

Local Los Angeles Agent

Sale History for 2309 Hauser Blvd

Last sold for $1,560,000 on August 31st, 2021

  • September, 2021

  • Sep 1, 2021

    Date

    Sold

    CRMLS: 20643136

    $1,560,000

    Price

  • Jul 9, 2021

    Date

    Active Under Contract

    CRMLS: 20643136

    $1,615,000

    Price

  • Jun 4, 2021

    Date

    Price Change

    CRMLS: 20643136

    $1,615,000

    Price

  • May 14, 2021

    Date

    Active Under Contract

    CRMLS: 20643136

    $1,630,000

    Price

  • Mar 24, 2021

    Date

    Price Change

    CRMLS: 20643136

    $1,630,000

    Price

  • Oct 27, 2020

    Date

    Price Change

    CRMLS: 20643136

    $1,650,000

    Price

  • Oct 7, 2020

    Date

    Active

    CRMLS: 20643136

    $1,725,000

    Price

  • July, 2019

  • Jul 22, 2019

    Date

    Leased

    CRMLS: 19455000

    $3,150

    Price

  • May 10, 2019

    Date

    Price Change

    CRMLS: 19455000

    $3,150

    Price

  • May 9, 2019

    Date

    Price Change

    CRMLS: 19455000

    $2,950

    Price

  • Apr 22, 2019

    Date

    Price Change

    CRMLS: 19455000

    $3,050

    Price

  • Apr 16, 2019

    Date

    Price Change

    CRMLS: 19455000

    $3,100

    Price

  • Apr 13, 2019

    Date

    Active

    CRMLS: 19455000

    $3,150

    Price

  • Listing provided courtesy of CRMLS

    Spacious Three Bedroom - Two Bathroom unit in highly sought after Mid-City/West Adams area and is adjacent to Culver City. Minutes to booming Culver City shopping, restaraurnts and entertainment. This property is separately metered for electricity and gas. Recent upgrades include new laminate hardwood flooring throughout, new appliances, fixtures, new roof, and three units have newer windows. Laundry room available in common area. Don't miss this opportunity.

  • September, 2018

  • Sep 19, 2018

    Date

    Sold

    CRMLS: 18340170

    $1,599,000

    Price

  • Aug 15, 2018

    Date

    Active Under Contract

    CRMLS: 18340170

    $1,599,000

    Price

  • May 3, 2018

    Date

    Active

    CRMLS: 18340170

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    Built in 1965, the subject property consists of Four (Three Bedroom Two Bathroom) units in highly sought after Mid-City/West Adams area and is adjacent to Culver City. This property is great for an Owner/User, Investor or 1031 Exchange Buyer. It sits on a 5,268 sq. ft lot and is a total of 4,712 RSF. This property is separately metered for electricity and gas. Recent upgrades include new laminate hardwood flooring throughout, new appliances, fixtures, new roof, and three units have newer windows. Laundry room was also recently installed for additional income to owner.

  • September, 2018

  • Sep 18, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,599,000

    Price

  • January, 2018

  • Jan 4, 2018

    Date

    Sold

    CRMLS: 17283358

    $1,425,000

    Price

  • Nov 7, 2017

    Date

    Price Change

    CRMLS: 17283358

    $1,430,000

    Price

  • Oct 24, 2017

    Date

    Active

    CRMLS: 17283358

    $1,475,000

    Price

  • Listing provided courtesy of CRMLS

    Remodeled building in the Mid-City / West Adams area. Three units remodeled with new laminate hardwood flooring throughout, new appliances, and fixtures. New roof, and three units have newer windows. Laundry on-site, and six car parking. Excellent central location with access to the 10 freeway and nearby thoroughfares. Nearby Culver City provides shopping and dining. Access to nearby Metro stations. Three of the four units will either be delivered vacant or occupied depending on the buyer's preference.

  • December, 2017

  • Dec 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,425,000

    Price

  • May, 2017

  • May 28, 2017

    Date

    Sold

    CRMLS: SB17036995

    $1,020,000

    Price

  • May 9, 2017

    Date

    Pending

    CRMLS: SB17036995

    $948,000

    Price

  • Mar 13, 2017

    Date

    Active Under Contract

    CRMLS: SB17036995

    $948,000

    Price

  • Mar 7, 2017

    Date

    Active

    CRMLS: SB17036995

    $948,000

    Price

  • Listing provided courtesy of CRMLS

    CHOICE LOCATION CLOSE TO KAISER PERMANETE, TARGET, SONY, FREEWAY ACCESS. 4 LARGE 3 BEDROOM 2 BATH UNITS. PROFESSIONALLY MANAGED WITH GOOD UPSIDE.

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Tax History for 2309 Hauser Blvd

Assessed Value (2020): $1,630,980
Year Land Value Improved Value Assessed Value
2020 $942,480 $688,500 $1,630,980

Home Value Compared to the Market

This property vs the competition

2309 Hauser Blvd sold on August 31, 2021 for 26.77% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $342.74 per/sqft which puts the price per square foot 56.67% lower than the current median sale per square foot for the city of Los Angeles.

About 2309 Hauser Blvd

Detailed summary of property

2309 Hauser Blvd is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 4,712 living square feet, and sits on an approximately 5,269 square foot lot. 2309 Hauser Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,560,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 26.77% higher than the current median priced home. Local homes that are currently for sale include 5869 Dauphin Ave, 1814 S Sycamore Ave and 1455 S Genesee Ave. While the average home in Los Angeles, CA is selling in 100 days, 2309 Hauser Blvd has a days on market of 275 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 2309 Hauser Blvd Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2309 Hauser Blvd

Public county record property details
Beds
12
Baths
8
Year built
1965
Sq. Ft.
4,712
Lot Size
5,268
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
110
APN
5063-007-081

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,098,000
Median List Price/Sq.Ft.
$760
Median Sold Price
$1,125,000
Median Sold Price/Sq.Ft.
$704
Total Inventory
80
Median Sale to List Price %
102.27%
Avg Days on Market
26
Loan Type
Conventional (15.38%), FHA (0%), VA (0%), Cash (0%), Other (23.08%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 2309 Hauser Blvd

2301 Hauser Blvd, Los Angeles, CA 90016
$3,325,000 Last Sold Price
12 Beds
12 Baths
6694 Sq.Ft.
2301 Hauser Blvd
Los Angeles, CA 90016
2304 Hauser Blvd, Los Angeles, CA 90016
$3,075,000 Last Sold Price
14 Beds
14 Baths
6118 Sq.Ft.
2304 Hauser Blvd
Los Angeles, CA 90016
2243 S Ridgeley Dr, Los Angeles, CA 90016
$1,305,000 Last Sold Price
4 Beds
5 Baths
2661 Sq.Ft.
2243 S Ridgeley Dr
Los Angeles, CA 90016
2208 Hauser, Los Angeles, CA 90016
$2,800,000 Last Sold Price
14 Beds
14 Baths
6031 Sq.Ft.
2208 Hauser
Los Angeles, CA 90016

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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