Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 7 BR |
| Bathrooms: | 24 |
| Area: | 7804 sq ft |
| Lot Size: | 0.18 Acres |
FinancialsPrice:$4,950,000
Price:$4,950,000
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc.
Description614 Hauser Blvd, a 24 unit apartment building located in the Miracle Mile, a highly desirable neighborhood in Los Angeles, California. Built in 1946, the property consists of (17) studio units and (7) one-bedroom + one-bathroom units. The building is 9,480gross square feet and sits on a 7,802 square foot lot.Nestled in the heart of Miracle Mile, 614 Hauser Blvd offers residents a central Los Angeles lifestyle surrounded by culture, dining, and entertainment. Just steps from Museum Row, including LACMA, the Petersen Automotive Museum, and the Academy Museum, this property places tenants at the intersection of art, history, and modern living.With a Walk Score of 94, residents enjoy easy access to local cafes, trendy restaurants, boutique shopping, and iconic destinations such as The Grove and the Original Farmers Market. Combining a prime Mid-Wilshire location with excellent connectivity, 614 Hauser Blvd delivers the ideal mix of convenience, culture, and lifestyle that keeps renters highly attracted to this sought-after neighborhood.614 Hauser Blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.54% with the ability to improve to a 6.60%CAP rate once units turnover.NeighborhoodMore listings:
614 Hauser Blvd, a 24 unit apartment building located in the Miracle Mile, a highly desirable neighborhood in Los Angeles, California. Built in 1946, the property consists of (17) studio units and (7) one-bedroom + one-bathroom units. The building is 9,480gross square feet and sits on a 7,802 square foot lot.Nestled in the heart of Miracle Mile, 614 Hauser Blvd offers residents a central Los Angeles lifestyle surrounded by culture, dining, and entertainment. Just steps from Museum Row, including LACMA, the Petersen Automotive Museum, and the Academy Museum, this property places tenants at the intersection of art, history, and modern living.With a Walk Score of 94, residents enjoy easy access to local cafes, trendy restaurants, boutique shopping, and iconic destinations such as The Grove and the Original Farmers Market. Combining a prime Mid-Wilshire location with excellent connectivity, 614 Hauser Blvd delivers the ideal mix of convenience, culture, and lifestyle that keeps renters highly attracted to this sought-after neighborhood.614 Hauser Blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.54% with the ability to improve to a 6.60%CAP rate once units turnover.
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614 Hauser Blvd 7BR Hancock Park La
Description614 Hauser Blvd, a 24 unit apartment building located in the Miracle Mile, a highly desirable neighborhood in Los Angeles, California. Built in 1946, the property consists of (17) studio units and (7) one-bedroom + one-bathroom units. The building is 9,480gross square feet and sits on a 7,802 square foot lot.Nestled in the heart of Miracle Mile, 614 Hauser Blvd offers residents a central Los Angeles lifestyle surrounded by culture, dining, and entertainment. Just steps from Museum Row, including LACMA, the Petersen Automotive Museum, and the Academy Museum, this property places tenants at the intersection of art, history, and modern living.With a Walk Score of 94, residents enjoy easy access to local cafes, trendy restaurants, boutique shopping, and iconic destinations such as The Grove and the Original Farmers Market. Combining a prime Mid-Wilshire location with excellent connectivity, 614 Hauser Blvd delivers the ideal mix of convenience, culture, and lifestyle that keeps renters highly attracted to this sought-after neighborhood.614 Hauser Blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.54% with the ability to improve to a 6.60%CAP rate once units turnover.NeighborhoodMore listings:
614 Hauser Blvd, a 24 unit apartment building located in the Miracle Mile, a highly desirable neighborhood in Los Angeles, California. Built in 1946, the property consists of (17) studio units and (7) one-bedroom + one-bathroom units. The building is 9,480gross square feet and sits on a 7,802 square foot lot.Nestled in the heart of Miracle Mile, 614 Hauser Blvd offers residents a central Los Angeles lifestyle surrounded by culture, dining, and entertainment. Just steps from Museum Row, including LACMA, the Petersen Automotive Museum, and the Academy Museum, this property places tenants at the intersection of art, history, and modern living.With a Walk Score of 94, residents enjoy easy access to local cafes, trendy restaurants, boutique shopping, and iconic destinations such as The Grove and the Original Farmers Market. Combining a prime Mid-Wilshire location with excellent connectivity, 614 Hauser Blvd delivers the ideal mix of convenience, culture, and lifestyle that keeps renters highly attracted to this sought-after neighborhood.614 Hauser Blvd represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.54% with the ability to improve to a 6.60%CAP rate once units turnover.
More listings:
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
