SOLD
$ 1,177,000 Date 07/30/2019

2301 Hauser

Los Angeles, CA 90016
Single Family
Residence
3
Beds
3
Baths
6,500
Sq. Ft.
0.1396
Acre Lot
1of
Map
Photos
Courtesy: Maggie Lalezari - Pinnacle Estate Properties, In
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!
SR19148883
Single Family, 1 Story
3
Los Angeles
3 Full
2019
0.1396 Acres
1
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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.
People
Zip
City
County
National
47,786
3,971,883
10,170,292
321,418,820
13,175
8,241
2,458
89
2.8
2.8
3
2.6
35.2
34.6
35.3
37.4
$38,050
$49,682
$55,870
$53,482
$20,028
$28,320
$27,987
$28,555
 
Economy
Zip
City
County
National
5.50 %
5.50 %
5.20 %
5.20 %
1.40 %
1.40 %
1.40 %
1.60 %
37.30 %
37.30 %
37.60 %
38.00 %
9.00 %
9.00 %
9.00 %
6.00 %
8.00 %
8.00 %
8.00 %
4.60 %
160
166
156
100
 
Environment
Zip
City
County
National
97
916
2245
1443
15.9
16.7
16.9
39.2
0
0
0.3
25.8
47.8
46.4
45.5
22.6
77.9
83.7
84.3
86.1
27
26
32
102
290
284
283
205
92
87
86
54
Source: Sperling's Best Places
Courtesy: Maggie Lalezari - Pinnacle Estate Properties, In
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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