2301 Hauser, Los Angeles, CA 90016 | MLS SR19067027 | Listing Information | Real Living Sugar Pine Realty | Real Living Real Estate
Real Living Sugar Pine Realty
(209) 533-4242
FOR SALE
$1,300,000

2301 Hauser
Los Angeles, CA 90016

Cluster
Residence
6,500
Sq. Ft.
0.1396
Acre Lot
1of
Photos
Map
Courtesy: Maggie Lalezari - Pinnacle Estate Properties, In
Attention Developers and Investors!!! RTI (Ready to Issue) plans in approxamelty 2 weeks 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, each unit is varying from 1,400 - 1800 sq ft with over 6500 total livable square footage. The estimated completed value is $2.6-$2.8 million when finished and it will be a NO RENT CONTROL building. 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!
SR19067027
Cluster, 1 Story
Los Angeles
1927
0.1396 Acres
1
School Rating Out of 10
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

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Courtesy: Maggie Lalezari - Pinnacle Estate Properties, In
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