2301 Hauser

    Los Angeles (City), CA 90016
    • $1,177,000
    • STATUS: Closed
    • ON SITE: 140 days
    • ID#: SR19148883
    Sold - 07/30/2019
    $1,177,000
    SOLD - 07/30/2019
    • 3
      BEDS
    • 0.14
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 6,500
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2019
    County:

    School Ratings & Info

    School District:

    Description

    Attention Developers and Investors!!! RTI (Ready to Issue) plans in hand now in rapidly hot and growing OPPORTUNITY ZONE area. This Development Project is a 4 Unit three-story apartment building project in a great gentrifying Mid-City LA area. This neighbourhood and street has several similar projects currently in construction and has several new apartment buildings for sale and comps that have sold. This area is continuing to get better and grow. Plans consist of 4 X 3 beds + 3.5 bath units, with 2 detached duplexes each unit is varying from 1,400 - 1800 sq ft with over 6500 total livable square footage. The estimated completed value is $2.7-$2.8 million when finished and it will be a NO RENT CONTROL building. 1828 Alsace has just closed for $1,260,000 further east. The survey and soil report have been completed so you can start demolition right away. The projected rents vary from $3700-$4100 depending on each unit size. Comps are selling for $420-$470 per foot so this is a great buy! We have several construction bids around $800,000 for the whole project. There are many options like to rent, AIRBNB, or sell the project and all at great numbers! Lots of different options and you can take advantage of the tax benefits of the opportunity zone!

    Sold by Kevin D. Booker of Westside Estate Agency Inc..

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T19:32:13.23. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/96235583

    2301 Hauser Los Angeles (City), CA 90016

    • Price: $1,197,000
    • Status: Closed
    • Updated: 85 min ago
    • ID#: SR19148883
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,500
    SQFT
    $0
    $/SQFT
    2019
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    School District:
    Hamilton Union
    Property Description
    Attention Developers and Investors!!! RTI (Ready to Issue) plans in hand now in rapidly hot and growing OPPORTUNITY ZONE area. This Development Project is a 4 Unit three-story apartment building project in a great gentrifying Mid-City LA area. This neighbourhood and street has several similar projects currently in construction and has several new apartment buildings for sale and comps that have sold. This area is continuing to get better and grow. Plans consist of 4 X 3 beds + 3.5 bath units, with 2 detached duplexes each unit is varying from 1,400 - 1800 sq ft with over 6500 total livable square footage. The estimated completed value is $2.7-$2.8 million when finished and it will be a NO RENT CONTROL building. 1828 Alsace has just closed for $1,260,000 further east. The survey and soil report have been completed so you can start demolition right away. The projected rents vary from $3700-$4100 depending on each unit size. Comps are selling for $420-$470 per foot so this is a great buy! We have several construction bids around $800,000 for the whole project. There are many options like to rent, AIRBNB, or sell the project and all at great numbers! Lots of different options and you can take advantage of the tax benefits of the opportunity zone!
    Exterior Features

    Garage Spaces 0.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes View None View YN No

    Interior Features

    Bathrooms Full 3 Bathrooms One Quarter 0 Bathrooms Three Quarter 0 Common Walls 1 Common Wall Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Laundry Features Inside Levels One Main Level Bathrooms 3 Main Level Bedrooms 3 Room Type Main Floor BedroomMain Floor Master BedroomMaster BathroomMaster Bedroom

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features SidewalksStreet Lights Country Us Elevation Units Feet Land Lease YN No Laundry YN Yes Lease Considered YN No Living Area Source Plans Living Area Units Square Feet New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Unknown Special Listing Conditions Standard Water Source None Year Built Source See Remarks Zoning Lard1.5

    Listing provided courtesy of Maggie Lalezari of Pinnacle Estate Properties, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-12T19:32:13.23. 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 deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
    RE/MAX Masters
    475 E. Badillo Street
    Covina CA, 91723